The Dorchester Collection has taken over the management of the 121-bedroom Hotel Eden in Rome following its acquisition by parent company, the Dorchester Group.
Located between the Spanish Steps and Via Veneto, the hotel, which was previously managed by Starwood Hotels & Resorts, has been sold by Starman for an estimated €105 (£88m).
It will become the Dorchester Collection's 10th property and its second in Italy alongside the Hotel Principe di Savoia in Milan.
Christopher Cowdray, chief executive of the Dorchester Collection, said he is delighted to welcome the Hotel Eden, which he describes as "one of the world's most majestic and iconic hotels in a truly superb setting", to the company .
Originally built in 1834 and converted to a hotel in 1889, Hotel Eden will now be restored to enhance the heritage of the building and to reposition the hotel within the luxury market to complement its sister properties in the UK, France, Switzerland, Italy and the USA. The timing and scale of the restoration are to be confirmed.
The hotel's La Terrazza dell'Eden restaurant, under the helm of executive chef Fabio Ciervo, has one Michelin star to add to the three stars at the Dorchester in London, and three stars each at the Hotel Plaza Athénée and at Le Meurice in Paris.