07/08/2026
A Churchill-favoured Belle Époque icon is getting a €60m rebirth on Lake Garda, and it's about to become Italy's first LXR hotel
Dragos Paval – Co-founder, Paval Holding; founder, Dedeman
Adrian Paval – Co-founder, Paval Holding; founder, Dedeman
Karina Paval – Vice President, Paval Holding
Igor Rebosio – Co-founder and Design Director, De.Tales
Giuseppe Varsavia – Co-founder and Managing Director, De.Tales
Paval Holding – Romanian investment vehicle of the Paval family; lead investor in the renovation
Apex Alliance – Lithuanian hotel development and management group; co-owner and project partner
LXR Hotels & Resorts – Hilton's luxury independent hotel collection; future operating brand
De.Tales – Milan-based architecture and design studio, leading the renovation concept
Paval Holding and Apex Alliance are investing over €60m to transform Lake Garda's historic Grand Hotel Gardone into Italy's first LXR Hotels & Resorts property,