Monday 08 November 2021
Longtime Federal Hill restaurateur and hotelier Gianfranco Marrocco has sold the Dolce Villa hotel, located in the heart of the longtime Italian Quarter on DePasquale Square.
Marrocco has sold a number of restaurants over the past few years. Morocco is known to be both an innovator and at times controversial.
The purchaser of the hotel is Providence Living – the Providence-based development company led by Justin Dezube – which is becoming an increasingly important player in the development.
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The sale price was $ 2 million.
Dezube recently bought the old Karma nightclub building and a nearby parking lot. He paid $ 1.6 million for this property.
About the hotel:
The Dolce Villa hotel is located on charming DePasquale Plaza on historic Federal Hill, the “Little Italy” neighborhood in Providence, RI. Gianfranco Marrocco, the owner, also owns many other successful businesses throughout the city. Thanks to Marrocco’s business experience, expectations and standards were high as the Dolce Villa Hotel prepared for its grand opening and those standards have not changed yet.
All bedrooms have memory foam beds. All rooms have free Wi-Fi, some units have full kitchens with stainless steel appliances, pots and pans, crockery and cutlery. Hairdryers and personal amenities (on request), and some units have a safe for valuables in the closet.
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