(TAN): Mandarin Oriental has signed a long-term management agreement with Attestor Limited to rebrand and manage Hotel Cristallo in Cortina d’Ampezzo, Italy, the hotel group said in a news release. The property will undergo a substantial renovation after closing in the second quarter of 2023, re-opening as a Mandarin Oriental resort in the summer of 2025, ahead of the Milano-Cortina Winter Olympics.
Mandarin Oriental Cristallo, Cortina will be the group’s first alpine resort and expands Mandarin Oriental’s presence further in Italy. Venice Marco Polo Airport is reachable in one and a half hours by car.
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Hotel Cristallo was built in 1901 in Art Nouveau style by the Menardi family and was a popular ski destination in the 1930s for the European cultured elite. After the Olympic Games of 1956, the hotel became known as a renowned ski destination, hosting royals and celebrities. It has featured as a backdrop for a number of award-winning films, maintaining its historical charm as an early 20th century grand hotel. In 2021, the property was acquired by funds managed by Attestor Limited, who also own Mandarin Oriental, Lago di Como.
The renovated hotel will feature 83 guestrooms, many with balconies, including 30 spacious suites with beautiful views of the Dolomites. The resort will also feature a range of restaurants and bars, flexible spaces for entertainment and events, as well as an extensive spa and wellness facility, which includes a swimming pool that transverses from inside to outside the building.
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“We are delighted to be bringing the Mandarin Oriental brand to the beauty of the Dolomites,” said James Riley, Group CEO of Mandarin Oriental Hotel Group.
“We are excited to be restoring this famous property to its former glory in advance of the 2026 Milano-Cortina Winter Olympics, while also creating a unique sense of modern luxury for international travellers,” said David Alhadeff, partner at Attestor.