Besides Real Estate, the Hotel industry is also booming in India. I have always felt, Heritage Hotels are a very good way to preserve and restore old architecture, as well as leverage them. India already has a heritage of doing this in Rajasthan and many other places.
I would like to see this tradition continued elsewhere, as the travel and tourism industry in India takes off at a grand scale in the upcoming years.
A recent restoration project that I experienced was Pieve a Pava in the village of San Giovanni d’Asso in Tuscany. With an Etruscan foundation, medieval catholic heritage on top of it, the property has been beautifully restored by Carol Vanwonterghem, and recently turned into a bed & breakfast. Every bit of detail cared for, and with a strong sense of respect for the history and soul of the house, Carol’s work of art is truly moving. [Website:
Another beautiful restoration project that I saw during my recent trip to Italy is La Posta Vecchia, in the ancient port town of Alsium, near Rome. Built over Etruscan ruins, they have preserved artifacts in an underground museum, much like Jerusalem, while a beautiful villa sits above.