Hotel President reopens in Lecce, after the modernization carried out with the financial grants of Title II Chapter 6

Date:
18/05/2022

Financing for business development in the tourism sector In the foreground
Hotel President reopens in Lecce, after the modernization carried out with the financial grants of Title II Chapter 6

Hotel President reopens in Lecce, after the modernization carried out with the financial grants of Title II Chapter 6

New life for the historic Hotel President. Reopens in Lecce after a significant modernization intervention, presented by Siga (Real Estate Company Hotel Management) and realized thanks to the financial grants of the regional measure Title II Chapter 6, the instrument aimed at SMEs in the tourism-hotel sector promoted by the Puglia Region (Competitiveness Section) and managed by Puglia Sviluppo as an intermediate body.

The hotel reopens today under the Mercure banner of  the international hotel group Accor and will be managed by Green Blu Hotels & Resort.

The investment worth about 500 thousand euros (with concessions of about 160 thousand euros), concerned the modernization of the structure and the purchase of new equipment and furnishings. The original aesthetic canons have been respected, revisited and enhanced through the use of modern technologies. So today the four-star hotel in Lecce since 1973 close to the historic center, reopens with 150 rooms, restaurant, bar and conference areas with 9 meeting rooms redesigned and equipped with modern and multimedia equipment and multifunctional exhibition spaces.

Thanks to the project supported by the regional measure, a new accommodation will be offered that is not only modern but also sustainable, both for tourists and for those staying in Lecce for business.

"Another asset returned to the community – commented the Councilor for Economic Development of the Puglia Region – in a city, Lecce, which wants to offer, in addition to its beauty, comfort and services to those who visit it both for tourism and business. Thus, after the bell tower of the Duomo, another structure relives and becomes usable in a contemporary key thanks to a regional instrument, Title II Chapter 6, which has shown its effectiveness especially in Lecce. Of the 1,481 funding requests received to date, 591 come from the province of Lecce, which is the first in Puglia for the number of projects submitted. And it is also in first place for investments, with a total value of over 342.5 million euros, which is equivalent to 45.5% of the total (equal to over 753 million euros). Another observation concerns the type of intervention. Among those envisaged in this measure, the expansion, modernization and restructuring of the tourist-hotel facilities - which is the type of investment chosen for the President - is in first place with 355 funding requests for investments that touch 200 million euros, a sign of an appreciation aimed at refunctionalization, recovery and protection of existing heritage ".

The measure "Title II Chapter 6" - we remind you - allows to expand, modernize and renovate the tourist-hotel facilities (including widespread hotels), but also to build or renew bathing establishments and tourist landings, to create hotel facilities, renovating properties of historical and architectural value. It facilitates investments between 30 thousand and 4 million euros for medium-sized enterprises and between 30 thousand and 2 million for micro and small enterprises. With 1,481 requests as of 13 April 2022, the instrument is generating investments of over 753 million euros (of which 273 million in benefits requested) and employment increases for 3,673 new units, while the employment at full capacity is expected to be 11,719 units. Thanks to this measure, over 9 thousand more beds and 4 thousand new rooms have been built and 400 buildings of historical and cultural value have been recovered.

 

Title II Chapter 6, funding requests by apulian provinces

Province

Funding requests

Investments

Financial grants

BARI

364

    153.465.661,57  

      56.495.351,80  

BAT

63

      26.909.168,28  

        9.063.655,35  

BRINDISI

157

      86.138.804,14  

      27.878.974,38  

FOGGIA

149

      88.851.921,75  

      33.792.322,86  

LECCE

591

    342.551.525,75  

    126.520.256,36  

TARANTO

157

      55.203.812,16  

      19.902.785,70  

Total Puglia

         1.481  

    753.120.893,65  

    273.653.346,44 

 


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