Tonucci & Partners with Cassa Depositi e Prestiti for the creation of a special purpose vehicle meant to raise funds for Venetian hoteliers: the project, called “futures for Venice”, was welcomed with large approval by the Undersecretary to the Economy and Finance Ministry Pier Paolo Baretta during the conference which took place on July 16 in Venice part of the Venice Hotel Market event.

The core of the project presented by our partner Giuseppe Mongiello is the issue of a bond worth between 150 and 300 million euro in order to finance immediately the hotel industry by purchasing a certain percentage of the nights/rooms of the future seasons to be placed on the market via a selected network of tour operators.

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