Accor, Invel Real Estate and Prodea Investments announce the signing of Hotel Bellevue Cortina d’Ampezzo, Emblems Collection
Honoring a legacy, forging a new icon in the Dolomites
Accor, Invel Real Estate and Prodea Investments proudly announce the signing of Hotel Bellevue Cortina d’Ampezzo, Emblems Collection, marking the brand’s first property in Italy. Set to open end of 2026, this iconic property will offer a captivating alpine club experience in the renowned destination of Cortina d’Ampezzo, standing as a testament to craftmanship, thoughtful design and witty Italian flair.
“Hotel Bellevue Cortina d’Ampezzo perfectly embodies the essence of the Emblems brand: refined and exclusive hospitality, in which luxury and intimacy come together. Nestled in the heart of the Dolomites, this new destination is a true source of pride for us as it seamlessly blends luxury and nature, emotion and experience. I extend my sincere gratitude to Invel Real Estate and Prodea Investments for their trust in this magnificent project.”
— Maud Bailly, CEO of Sofitel Legend, Sofitel, MGallery and Emblems
The signing of Hotel Bellevue Cortina d’Ampezzo, Emblems Collection represents a defining moment in the brand’s global expansion—honoring a legacy while forging a new icon in the heart of the Dolomites. This project marks the beginning of a promising partnership with visionary owners from South-East Europe, who share Accor’s ambition of redefining luxury through heritage, craftsmanship, and innovation.
“We are committed to shaping the future of luxury hospitality by preserving heritage while embracing innovation. We are thrilled to partner with Accor in leading the iconic Bellevue into a new era of excellence by restoring its prominence in one of Europe’s most prestigious alpine destinations. The masterful design direction by Tihany, coupled with our selection of the Emblems brand, reflects our dedication to creating a lasting legacy—ensuring the resort remains a benchmark for sustainable, world-class hospitality for generations to come.”
— Marianna Papachristophorou, Partner, Head of Hospitality, Invel Real Estate
Hotel Bellevue Cortina d’Ampezzo, Emblems Collection is located on Corso Italia, Cortina’s most iconic address, with roots dating back to the late 19th century. Crafted by the Italian architects pconp, the property’s architecture seamlessly blends traditional alpine charm with a contemporary aesthetic, creating an elegant and authentic mountain retreat. Renowned Tihany Design studio imagined the interiors, capturing the essence of ’Embrace Cortina’—an invitation to reconnect with nature, heritage, and a sense of belonging. The interiors highlight rich materials and local craftsmanship, including timeworn marble mosaics crafted from Bianco Antico stone from the Veneto region, finished to evoke the polished charm of Italy’s historic buildings.
[p"We aimed to capture the essence of this legendary mountain retreat—where mid-century glamour meets the raw beauty of the Dolomites and the vibrant spirit of après-ski life. Deeply inspired by the surrounding landscape, our design integrates locally sourced materials—stone, warm woods, and handcrafted textiles—that echo the textures and colors of the mountains. The rich craftsmanship of the region is reflected in every bespoke detail, from Dolomite-inspired furnishings to artisanal finishes, creating a seamless dialogue between the interiors and the alpine scenery.[/i"[/p]— Alessia Genova, Principal at Tihany Design
Paying tribute to the beauty of the Dolomites and capturing the elegance of Cortina’s golden age, the decor features custom-made Dolomite-inspired furnishings. Inspired by the mountain landscape, these pieces bring nature indoors, transforming every space into a living reflection of Cortina’s stunning surroundings. The design embodies organic alpine elegance, enriched with artful and engaging touches.
Beyond aesthetics, the hotel will feature 80 luxury rooms including 27 suites with views of the mountains. As part of its commitment to holistic well-being, the spa will span 500 square meters, offering a serene retreat for post-ski relaxation. Guests can unwind in one of three treatment rooms, indulging in a thoughtfully curated selection of wellness experiences designed for the modern alpinist. The intimate wellness center features both an indoor and an outdoor pool, inviting guests to immerse themselves in self-guided healing and rejuvenating bathing rituals.
Regarding the dining and entertainment experience, the hotel will propose a world-class venue bringing to new heights the guest experience. Poised to become the next hotspot, the hotel will offer creative culinary stages with the Bellevue Terrace, where every season will find its beat and a main dining venue that will serve as a central gathering spot.
Aligned with the brand’s commitment to responsible hospitality, the Hotel Bellevue Cortina d’Ampezzo project will incorporate energy-efficient design practices, meeting the Group’s stringent Luxury & Lifestyle Sustainability Standards.
[p"[i]Cortina d’Ampezzo is the ideal setting for Italy’s first Emblems Collection hotel - an emblem of heritage, prestige, and natural beauty. More than just a luxury hotel, this project is a landmark that redefines alpine hospitality, offering an unparalleled experience in one of Europe’s most iconic mountain resorts. With two Emblems properties already in the pipeline across Southern Europe and several deals in advanced negotiations, we are setting a new benchmark for the region.”[/p]— Paul Rosenberg, Regional Vice President Development Luxury Brands France, Southern Europe & North Africa
The transformation of Hotel Bellevue into Emblems Collection is a testament to the power of Accor’s luxury brands in elevating existing properties into flagship destinations. As a collection brand, Emblems Collection specializes in conversions, leveraging Accor’s global luxury ecosystem in sales, distribution, loyalty and brand recognition.
Set to open at the end of 2026, Hotel Bellevue Cortina d’Ampezzo, Emblems Collection will redefine luxury hospitality in the Italian Alps, offering guests an unforgettable alpine experience that blends sophisticated design, elegance, exceptional service, and the natural beauty of one of Italy’s most celebrated destinations.
ABOUT INVEL REAL ESTATE
Invel Real Estate (“Invel”) is an independent private equity real estate firm founded in 2013. The firm is focused on value-add and opportunistic strategies and has built a market-leading position in Southern Europe with north of €3.5bn of assets under management. Invel’s largest investment to-date has been the acquisition of PRODEA investments from National Bank of Greece in 2013. Under Invel’s steering and strategic guidance, PRODEA has become one of the largest REICs in Southern Europe, expanding in the areas of luxury hospitality, green offices and logistics. Invel’s hands-on approach and dominant position in its target markets has enabled it to achieve an outstanding track record over the last 12 years. With a dedicated team of 35 experienced professionals and the support of its broader ecosystem of circa 80 professionals who are part of the companies created over the years, Invel has deployed over €1.7 billion of capital since its inception, on behalf of global institutional clients through both fund and fund/ co-investment vehicles.
ABOUT PRODEA INVESTMENTS
PRODEA Investments is the largest real estate investment company in Greece, listed on the Athens Stock Exchange (ATHEX). It engages in the acquisition and management of real estate assets in the best-performing sectors of the region, such as high-end hospitality, logistics, and green office spaces, with selective placements in the residential market. PRODEA maintains a well-balanced and diversified asset exposure in key locations across Greece and Cyprus, along with selective positioning in other significant markets in Southeastern Europe, including Italy. Its portfolio is expertly managed by seasoned professionals to ensure strategic growth and value creation. Committed to leading innovation across all sectors in which it operates, PRODEA Investments delivers high-quality assets and services to its clientele within a sustainable framework.
ABOUT TIHANY DESIGN
With unrivaled style, creativity and intuitive sensibility, Tihany Design creates stunning custom interiors that achieve each property’s most captivating, engaging potential, and ultimately elevate the luxury lifestyle experience.
The esteemed NYC-based atelier continues to build an enduring and influential body of work in luxury hospitality and travel around the globe, and across the categories of hotels, resorts, restaurants, private clubs, cruise, yachting, spa and ultra-luxury real estate.
Led by principal Alessia Genova, who assumed ownership of the multi-disciplinary interior design studio in 2024, Tihany Design’ talented team produces sensational, one-of-a-kind spaces that enchant the senses. Every project, whether an iconic site or a debut venue, evokes heightened personalization, timeless elegance and an authentic sense of place, imprinted with the client’s distinctive values.
Since its founding in 1978 by namesake Adam D. Tihany, Tihany Design has partnered with some of the world’s most iconic and premium brands, among them: the Beverly Hills Hotel, The Breakers Palm Beach, Four Seasons DIFC Dubai and The Oberoi New Delhi, as well as pioneering work for Seabourn’s ultra-luxury expedition cruise ships and award-winning restaurants for celebrity chefs such as Thomas Keller, Daniel Boulud and Heston Blumenthal.
ABOUT EMBLEMS COLLECTION
Emblems Collection is a curated portfolio of exceptional luxury hotels and resorts worldwide. From iconic Heritage mansions to serene nature Retreats and striking architectural Signatures, each property embodies culture, creativity, and craftsmanship. With a refined sense of place and understated elegance, Emblems offers exclusive experiences for discerning travelers. Found in prime city locations or breathtaking natural settings, these hotels blend intimate, residential charm with world-class hospitality. The first Emblems properties will debut in Europe in 2025, with a goal of 60 establishments globally by 2032. Emblems Collection is part of Accor, a world-leading hospitality group with 5,600 hotels in over 110 countries and the ALL, a lifestyle loyalty program providing access to a wide variety of rewards, services and experiences.
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