
Atmosphere Core Expands into Europe with Italian Luxury Retreat
In a landmark move for the international hospitality industry, Maldives-based hotelier Atmosphere Core has announced its entry into the European market. The company, known for its rapid expansion and innovative hospitality approach, will launch BORGO MONCHIERO HERITAGE BY ATMOSPHERE, a luxury rural retreat in the scenic Langhe, Piedmont, Italy.
A Decade of Rapid Growth
Starting with a single resort in the Maldives in 2013, Atmosphere Core has quickly risen to become a major hospitality player in the region. Over the past two years, the company has expanded its portfolio to include over 25 properties across India and South Asia, positioning itself for international growth.
Group Managing Director Salil Panigrahi attributes the company's success to its unique culture of service:
"Since launching our first resort in 2013, we have forged a unique cultural belief in the ethos 'Joy of Giving'. By maintaining and strengthening this core value, we can bring our distinctive hospitality offerings to the world. At Atmosphere Core, we craft unforgettable moments that transcend geographical boundaries—creating experiences, not just hotels."
Strategic Partnerships Driving Expansion
As part of its international strategy, Atmosphere Core has established key partnerships across Europe. Among these, its Wine Program Initiative has partnered with Bottega S.p.A., the world's leading Prosecco brand. This collaboration will not only bring award-winning wines to Atmosphere Core's properties but also introduce themed culinary experiences.
"Significant partnerships like Bottega take our business to every corner of the planet," Panigrahi noted. "This special relationship is just one of many that brought Italy to Atmosphere Core, and now we are bringing Atmosphere Core to Italy. We are excited to launch our first European destination in 2026."
A Historic Monastery Turned Luxury Retreat
BORGO MONCHIERO HERITAGE BY ATMOSPHERE is the latest addition to the 'HERITAGE BY ATMOSPHERE' collection under the Atmosphere Hotels & Resorts brand. Originally built in 1773 as a monastery, the property is being transformed into a luxury countryside retreat, preserving its Romanesque architecture and frescoes while integrating modern amenities.
Situated in UNESCO-protected Langhe, a region renowned for Barolo and Barbera wines, the retreat will feature 19 suites and rooms, a restored chapel for weddings, a spa, an outdoor pool, a fine dining restaurant, and event spaces.
global disruptor in the hospitality industry.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Daily Tribune
a day ago
- Daily Tribune
Postecoglou sacked by Spurs despite ending trophy drought
Ange Postecoglou was sacked as Tottenham manager yesterday, just 16 days after the Australian ended the club's 17-year trophy drought by winning the Europa League. Postecoglou led Tottenham to a 1-0 victory over Manchester United in Bilbao to clinch the north Londoners' first European prize in 41 years and secure a place in next season's Champions League. But the Australian paid the price for Tottenham's worst domestic season since they were relegated from the top flight in 1976-77. 'Following a review of performances and after significant reflection, the Club can announce that Ange Postecoglou has been relieved of his duties,' a statement on Tottenham's official X account said. Exactly two years after he was hired from Celtic, Postecoglou's eventful spell in north London was brought to a end by chairman Daniel Levy. Tottenham lost 22 of their 38 Premier League games to finish 17th in the table, above only relegated trio Leicester, Ipswich and Southampton. 'The Board has unanimously concluded that it is in the best interests of the club for a change to take place,' the statement said. 'Whilst winning the Europa League this season ranks as one of the club's greatest moments, we cannot base our decision on emotions aligned to this triumph.'


Daily Tribune
2 days ago
- Daily Tribune
Stocks slide as Trump, Xi speak amid trade tensions
Stocks markets slid yesterday after US President Donald Trump and Chinese leader Xi Jinping spoke amid their trade war, while the European Central Bank signalled an end to its rate-cut cycle. Wall Street's major indices rose modestly as trading got underway, but had trouble holding onto the gains and soon slid into the red. Chinese state media reported that Xi had held a widely anticipated call with Trump, with investors hoping it could ease trade tensions -- but no details were provided. The call follows officials from the world's two biggest economies accusing each other of jeopardising a trade war truce agreed last month in Geneva. 'The stock market has traded more timidly of late... mindful that there are a number of loose ends out there on the tariff front, not the least of which is the direction the US-China trade relationship is headed,' said analyst Patrick O'Hare. After his return to the White House Trump launched a tariffs blitz, introducing a 10 percent minimum tariff and higher rates on many countries, with China subject to the highest rates. Some of the higher rates have been suspended as negotiations are underway. European stock markets were also in the red even though the ECB cut its key deposit rate a quarter point to two percent, as expected. It was its eighth reduction since June last year when it began lowering borrowing costs. But ECB President Christine Lagarde stated the central bank is 'getting to the end' of the rate cutting cycle, as inflation has largely dropped to its two percent target in the 20-nation currency bloc. That sent the euro surging against the dollar and European stocks gave up gains. The ECB's series of cuts stands in contrast to the US Federal Reserve, which has kept rates on hold recently amid fears that Trump's levies could stoke inflation in the world's top economy. Investors are now looking to the release on Friday of US non-farm payrolls data, which the Fed uses to help shape monetary policy. Other data released this week has been mixed. April jobs openings data beat expectations, but according to payroll firm ADP private-sector jobs rose by only 37,000 last month. This was a sharp slowdown from April's 60,000 and less than a third of the amount forecast in a Bloomberg survey. Another survey showed activity in the US services sector contracted in May for the first time since June last year.


Gulf Insider
3 days ago
- Gulf Insider
US Refuses Air Cover For European 'Reassurance Force' In Postwar Ukraine
The British and French-led effort to establish a 'coalition of the willing' to stand up to Russia and defend Ukraine just hit another major roadblock, as Bloomberg is reporting Wednesday the US has effectively vetoed a plan to provide American air defenses to back a 'reassurance force' for postwar Ukraine. British Prime Minister Keir Starmer has been insisting that US-backed air defenses are key to any future permanent settlement plans for ending the war. Western proposals for ending the war have all featured foreign-backed and monitored security guarantees for Ukraine. On this, Starmer had said back in February that 'There must be a US backstop' and that the 'US security guarantee is the only way to effectively deter Russia from attacking Ukraine again.' After Western billions already sunk into keeping Ukraine's military and civic infrastructure afloat, the UK and France are also seeking from President Trump pledges of future air power, and border surveillance and intelligence. The Europeans also envision a strong, permanent security bulwark backed by the United States along NATO's eastern flank. Yet, President Trump has repeatedly warned allies that if NATO countries don't pay their fair share they won't be protected. This despite European leaders as well as some US politicians expressing recent concern that the Atlantic alliance is becoming weaker than ever, and that Article 5 collective defense is in peril. Trump has lashed out at NATO countries for not even meeting their current two percent spending goal while the unfair burden has long fallen United States. 'We appreciate the work that the allies, particularly France and the United Kingdom together with Germany and others have undertaken to develop the coalition of the willing,' US Ambassador to NATO Matthew Whitaker said at a press breifing Brussels on Wednesday. 'We are counting on all our European allies to continue taking the leadership position in contributing military resources and providing the political capital to make security guarantees a reality.' All of this comes as it was only on Tuesday that Dutch slapped down a proposal to increase defense spending to 3.5% of gross domestic product (GDP), key to NATO's capability targets, in a non-binding motion. Click here to read more…