
Hotel asset management
on the owner’s side
Asset management, development and finance for owners and investors of independent hotels in Italy.
An asset management company that reads every hotel through the eyes of its owner.
AA+G supports owners and investors of independent luxury and upscale hotels in Italy at every stage of the asset’s life. Our team has run hotels and represented owners, so we see the P&L and the balance sheet at the same time.
What owners call us for
Reposition and add value
Five year plans, CapEx with a clear return, rebranding of historic 5 star hotels.
Refinance and exit
Refinancing, due diligence, deal structuring with private equity, investors and hotel companies.
Run the project, shell to opening
Greenfield, conversion or renovation: feasibility, design brief, contractors, timeline and handover to operations.
Oversee the operator
Monthly review of results, budgets, CapEx and standards on the owner’s behalf, whoever runs the hotel.
Build every budget
Development, FF&E and OS&E, pre opening, operating and CapEx budgets, with reporting that owners and lenders trust.
Sales or full management?
Distribution, sales, revenue and day to day management are the work of NATIVO HOTELS, our sister brand. nativohotels.com
Four principles behind every mandate
Independent thinking
Impartial assessments, built on the market the asset really operates in.
Ethics and transparency
Owners’ data and financials handled with complete confidentiality and openness.
Result driven
A significant part of our fee depends on the hotel’s performance.
Long term partnership
Close to owners and management, on strategy and on daily decisions.

From the first feasibility study to the exit
Feasibility
Market, concept, investment case and return.
Development
Design, budget, contractors and timeline.
Opening
Pre opening, team, standards and launch.
Performance
Monthly control, CapEx and commercial growth.
Exit
Numbers in order, due diligence and sale.
What we have done for owners
Luxury hotel group, Rome
For a luxury group in Rome, one data platform (PMS, RMS, ERP, CRM) giving owners, operators and financial partners a real time view.
International health resort brand
Global standards for a new generation of luxury health resorts: over 1,000 pages on concept, medical, spa, nutrition, construction and back of house. Then the handbook for its longevity hubs.
Urban lifestyle hotel, Bari
Running the hotel and its bistrot and lounge for the owners: budget control, recruitment and monthly reporting.
Independent five star hotel, Rome
Strategy, standards and technology for an independent 5 star hotel in central Rome, in a market where about 95% of new openings chose an international brand.

One standard, readable by any bank or investor
Every financial analysis follows USALI, the Uniform System of Accounts for the Lodging Industry, so our figures compare with any international benchmark.
How we report
Gianluca Giglio
Founder and CEOI have sat on both sides of the table: as the operator who delivers the P&L and as the owner’s representative who decides where the next euro goes.About AA+G
Request a preliminary review of your asset.
Share the key figures of your hotel: a senior member of the team will review them in confidence and reply with a first view on where value can be created.
Development and new mandates: Maria Cristina Santaniello · +39 02 8294 1409 · sales@aaghospitality.com
Book a strategy call
