Island
Investing in Italy's rarest hospitality destinations
Certosa invests in luxury hospitality across Italy's culturally significant destinations, sourcing opportunities through relationships built over years.
Access finds the deal. Discipline shapes it.
Certosa identifies, acquires and repositions properties in markets defined by structural scarcity, securing entry ahead of institutional competition.
Operating assets
Certosa favors existing properties that need repositioning over new builds to produce enduring value in shorter periods of time.
Off-market entry
Direct relationships bring new opportunities before they reach any formal listing, improving entry basis and preserving flexibility.
Value creation
Four levers applied after closing. Returns are driven by ADR uplift: operator selection, CAPEX, revenue optimization and distribution.
Creative structuring
We have the range to pursue multiple structures from acquisitions to joint ventures, each optimized for tax, control and exit profile.
Special Situations
Ground-up development or opportunities outside Italy, considered only where permits are already secured or an existing relationship brings the deal directly.
Why invest in Italy
New luxury supply is capped by heritage law, even as visitor demand keeps climbing. Access to that supply is what Certosa has built over time.
481M+
Overnight stays in Italy, a 2025 record
66%
Growth in overnight stays since 2021, while room supply rose only 2%
~21%
International hotel brand penetration, against a 41% EU average
7
Target destinations within one specialist market
Source: ISTAT (July 2026); Source: Eurostat; EY Italy Hotel Investment Report 2025, CoStar; Christie & Co Italian Hotel Market Review 2024. Brand penetration is an estimate and varies by source. Destination count reflects Certosa’s geographic focus.
Our namesake
From a monastery on Capri to a standard for capital.
Our team
Meet the leaders of the Certosa platform
The Certosa Capital team works between New York and Italy, pairing direct origination with institutional underwriting.
