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INTERNATIONAL HOTEL INVESTMENTS p.l.c. DELUXE HOTELS 路 LANDMARK PROPERTIES 路 REAL ESTATE INVESTMENTS


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P roperties

INTERNATIONAL HOTEL INVESTMENTS p.l.c.

Seven landmark properties in London, Prague, Tripoli, Lisbon, Budapest, St Petersburg and Malta.


I ntroduction International Hotel Investments p.l.c.

IHI’s investments to date have featured

In 2007, IHI welcomed Istithmar Hotels

(IHI) was launched as a publicly-traded

a combination of new-construction

of Dubai as another major, strategic

company in 2000 by Corinthia Palace

landmark developments, as also the

shareholder in the Company. IHI

Hotel Company Limited of Malta, with

acquisition of existing hotels, where IHI

is proud to bring together such an

the intention to acquire, develop and

has maximised the earnings potential

esteemed group of committed and

operate upscale hotels, and ancillary

of each of the acquired hotels by way

strong shareholders.

real estate, in Europe and beyond,

of major refurbishment and expansion

principally in fast-evolving destinations.

projects. Typically, IHI has targeted

Since 2006, IHI is also the principal

investment opportunities in evolving,

shareholder in a hotel management

flourishing destinations, working with

company – CHI Limited (CHI) – in

local authorities to unlock hidden value

partnership with Wyndham Hotels

in landmark real estate. Overall, IHI’s

Group of the United States. CHI is the

policy is to strike a balance between

nominated licensed operator of the

capital appreciation on acquisitions

Corinthia, Wyndham and Ramada

and redevelopments, and healthy

Plaza brands across Europe, Africa

operating cashflows.

and the Middle East.

To date, IHI has acquired and

In support of its investments and

developed seven landmark hotel

developments in the hotel sector,

projects, in London (United Kingdom),

IHI is also a strategic shareholder in

Prague (Czech Republic), Tripoli

Quality Project Management Limited,

(Libya), Lisbon (Portugal), Budapest

a construction project management

(Hungary), St Petersburg (Russia) and

firm having a specialist track record

St Julian’s (Malta).

in the management of major hotel construction and refurbishment projects in a wide range of countries. Through this association, IHI is reassured of its interests in all its hotel projects, adopting an intimate, direct involvement in the planning and execution of investment projects.


The G roup

THE IHI GROUP

LFICO

General Public

Pisani Family

CPHCL

Istithmar

Istithmar Hotels

Wyndham Hotels Group

International Hotel Investments p.l.c.

Corinthia (CPHCL) is a joint venture

Wyndham Hotels Group is one of

between the Pisani family of Malta,

three principal divisions of the NYSE-

and the Libyan Foreign Investment

listed Wyndham Worldwide, the others

Company (LFICO), which joined

being RCI Global Vacation Network

the company in 1974. CPHCL has

and Wyndham Vacation Ownership.

since grown to be the leading private

Wyndham Hotels Group encompasses

company in Malta with ownership and

more than 6,300 franchised and

management interests in hotels in

managed hotels and 535,000 hotel

Europe, Africa and the Mediterranean.

rooms worldwide, operating under one or the other of WHG’s several

CHI Multi-brand hotel operator

QPM

Project Management Company

CHI-managed hotels Corinthia Hotel Prague Panorama Hotel, Prague Corinthia Hotel Budapest Ramada Plaza Budapest Corinthia Hotel Tripoli Corinthia Hotel Lisbon The Marina Hotel Malta Corinthia Hotel St George’s Bay Malta Corinthia Palace Hotel & Spa Malta Corinthia Hotel St Petersburg Atlantic Hotel, Banjul, The Gambia Ramada Plaza Tunis Corinthia Lake Resort & Spa, Bucharest, Romania (opening 2009) Ramada Hotel & Suites, Jumeirah Beach, Dubai (opening 2009) Ramada Plaza Liverpool (opening 2010) Wyndham Port Lixus Resort, Morocco (opening 2010) Corinthia Algiers, Algiers (opening 2010)

Hotels IHI-owned properties Corinthia Hotel & Residences Budapest Corinthia Hotel & Spa Lisbon Corinthia Hotel St George’s Bay, Malta Corinthia Hotel Prague Corinthia Hotel & Commercial Centre St Petersburg Corinthia Hotel & Commercial Centre Tripoli Corinthia Hotel & Residences, London

LFICO is the investment arm of the

renowned brands, including Wyndham,

Government of Libya, with investments

Ramada, Days Inn, Howard Johnson

and shareholding interests across the

and Super 8. In Europe, Africa and

globe, and across several sectors.

the Middle East, WHG operates hotels under the Wyndham and Ramada

Istithmar Hotels is an integrated hotel

Plaza brands in EMEA by way of CHI

development, investment and asset

Limited, the joint venture with IHI.

management business based in Dubai, United Arab Emirates.


O ur H otels

C orinthia H otel & R esidences B udapest

C orinthia H otel & S pa L isbon

C orinthia H otel Tripoli

C orinthia H otel S t G eorge ’s B ay, M alta

C orinthia H otel P r ague

C orinthia H otel & R esidences L ondon

C orinthia H otel & C ommercial C entre S t P etersburg


The Corinthia Hotel Budapest is a landmark, deluxe property, originating in the grand architectural epoch of the late 19th century. The hotel was acquired by IHI as a vacant building in April 2000 and subsequently demolished to make way for a 60,000m2 reconstruction that retained the historic faรงade and the 19th century classical ballroom.

Today, the hotel consists of 414 executive bedrooms, as well as support facilities. These include extensive conference facilities covering 3,600m2 of meeting and exhibition areas; the fully restored 19th century ballroom; 26 luxury apartments; a multistorey 260-vehicle carpark and coach park; a spectacular 19th century spa, a nightclub; various restaurants and dining outlets. The hotel was officially opened in April 2003.


G eneral I nformation • 414 rooms including 98 Executive rooms and 31 Suites • Royal Executive Club with Business Centre, private lounge and services • Lobby bar • Traditional Coffee House with pastry shop • Three superb restaurants: Brasserie Royale, Bock Bistro and the Rickshaw Restaurant & Sushi Bar • State-of-the-art Conference and Banqueting facilities including 30 Syndicate Rooms • Grand Ballroom • Exhibition Centre • Royal Shopping Atrium with Beauty Parlour and Hairdresser • Royal Spa • Multi-storey coach and car parking facilities • 26 Luxury penthouse apartments in building linked to main hotel (see sketch below)


The high-rise Corinthia Hotel Lisbon was acquired by IHI in August 2001 and subsequently shut down in February 2003 to make way for a thorough refurbishment and upgrade to five-star status. The renovated hotel was re-opened in May 2004 and now comprises 517 bedrooms, a 280-cover main restaurant, a 120-cover Portuguese restaurant and a lobby bar.

Above all, the hotel is fully equipped for the meetings, conference and incentive markets. Its 3,000m2 allocated to state-of-the-art meeting facilities make it the largest conference hotel in Lisbon, able to handle 1,400 delegates at any given time, supported by a 24th floor executive lounge affording spectacular views of Lisbon, complete with boardrooms, executive check-in, dining and business facilities. The hotel has recently completed a 2,000m2 spa and fitness facility – the largest in the city.


G eneral I nformation • 517 rooms including 132 Executive Club rooms, 25 Suites and one Presidential Suite • Executive Club lounge • Lobby lounge bar • Two exquisite restaurants: Tipico, specialising in Portuguese cuisine and Sete Colinas, offering international cuisine • Spa and Outdoor Pool • Conference and banqueting facilities • 17 meeting rooms • Gift shops • Business Centre • Secure underground car park


The Corinthia Hotel St George’s Bay is a modern development sitting on 28,000m2 of prime site land, right at the water’s edge in St. Julians, by far Malta’s premier location for hotel and commercial real estate.

This hotel was the first IHI acquisition, having been taken over soon after the company’s inception in 2000. The 250-room hotel is particularly geared for the leisure and conference markets, with extensive meeting facilities and a private beach lido serviced by several restaurants and dining venues. The hotel’s lobby, public areas and bedrooms have been fully refurbished in 2006.


G eneral I nformation • 250 rooms including 60 Executive Club, Junior and Ambassador Suites • Restaurants: Henry J. Bean’s American style Bar and Grill, Fra Martino offering international cuisine and Frejgatina, specialising in sea food • Health Spa offering therapies and health programmes for vitality, beauty and well-being • Health and Fitness centre with gymnasium, sauna and whirlpool • Water sports including a private beach area, scuba diving, sailing and jet bikes • Indoor and outdoor pools • Executive Club lounge • Lobby bar • Hairdressing and beauty parlour • Conference and banqueting facilities • Six meeting rooms • Business Centre • Secure underground car park


The Corinthia Hotel Prague was acquired by Corinthia in 1998 and subsequently merged into IHI.

The property is one of the leading hotels in the country, and has been fully refurbished over the past years.

The hotel is a landmark high-rise 550-room property overlooking the city’s historic centre, and adjoining the national congress centre of the Czech Republic.

The Corinthia Hotel Prague is a landmark conference hotel in its own right, having over 3,000m2 of meeting space, besides extensive food & beverage operations, a spa and indoor swimming pool as well as an executive business lounge floor, all affording dramatic views of the city.


G eneral I nformation • 550 bedrooms & suites on 24 floors including three executive floors • Executive Club Lounge & Board Rooms • “Let’s Meet, Let’s Eat” All-Day Dining Restaurant • “Toscana” Italian restaurant • “Rickshaw” Far eastern Cuisine • “Beer & Bowling” American diner & bowling alley • “Viennese Café & Bar” in lobby • 22 panoramic and purpose-built conference halls for up to 1600 delegates • Spa & Gymnasium, including swimming pool overlooking Prague city centre • Casino


The 285-room five-star Corinthia Hotel St. Petersburg, Russia, was acquired by IHI in January 2002. The hotel is located on the main boulevard, Nevskij Prospekt in the city centre. The hotel also features a range of Russian and international restaurants and extensive conference facilities.

Furthermore, in 2009, the property was further expanded by developing two large adjacent sites on either side of the hotel, which had also been acquired by IHI at the time of the hotel acquisition. One building includes 105 additional executive bedrooms and a convention centre. The other building comprises a 15,000m2 mixed-use commercial centre featuring a retail mall and offices for rent to third parties.


G eneral I nformation • 285 rooms including 30 Suites and one Presidential Suite • Lobby bar • Café Vienna • Four restaurants: the rooftop “Landskrona” features International gourmet cuisine, the “Imperial” is the hotel’s main restaurant whilst the “Admiralty” offers traditional Russian cuisine and “Bierstube” – pub style meals • Six meeting rooms • Hairdressing and beauty parlour • Health and Fitness centre with gymnasium, sauna, solarium, massage and whirlpool • Conference and banqueting facilities

Ongoing Extension and Refurbishment Project

• New Grand Lobby, Cigar Bar and Lobby Bar • An additional 105 Executive bedrooms • Executive Club Lounge • 15,000m2 of lettable area in retail malls and offices • Multi-storey car park • Grand Ballroom and 14 syndicate rooms


The Corinthia Hotel Tripoli and Commercial Centre is the landmark development in downtown Tripoli, located right at the heart of the city’s commercial and historic districts, overlooking both the Medina and the Mediterranean Sea. The property was inaugurated in 2003. The hotel component is housed in two, spectacular concave towers, and is the only deluxe accommodation facility available in the City, having 300 executive rooms and suites,

as also an array of conference, banqueting and food outlets. The property also features a luxury spa, outdoor swimming pools and luxurious public areas. The commercial offices in a purposebuilt facility adjoining the hotel towers are an integral component of the project, and house 10,000m2 of lettable top quality offices, fully occupied by a select number of blue chip companies operating in the oil and gas sector.


G eneral I nformation • 300 executive bedrooms & suites • Executive Club Lounge & Board Rooms • “La Valette” Restaurant • “Tripoli” Café • “Veneziana” Italian Restaurant • “Orient” Far Eastern Cuisine • “Fez” Moroccan Specialities • Luxury Spa, Hamam & Gymnasium • Indoor and outdoor Swimming Pools • Conference & Banqueting facilities including two main halls for 500 persons • Two Business Centres • Commercial Centre Offices


Early in 2008, IHI and its principal

Developed in the late 19th century as the

The project envisages the full refurbishment

shareholders, entered into a development

Metropole Hotel, but later used by the

into a luxury Corinthia Hotel with 300

and acquisition agreement with The Crown

Ministry of Defence since the mid-1930s,

bedrooms, a historic ballroom, conference

Estate for what was currently known as

the Metropole Building and its adjoining

and meeting facilities, a speciality restaurant,

the Metropole Building and 10 Whitehall

10 Whitehall Place, now lie vacant. In

a destination bar and a number of other

Place, in central London. The two adjoining

agreement with The Crown Estate, the

food and beverage outlets. Whitehall Place

properties occupy an entire block, facing

property will be redeveloped into London’s

will be redeveloped to include a luxury spa

Northumberland Avenue, Whitehall Place

premier luxury hotel.

and 12 luxury apartments.

and Scotland Yard Road. By virtue of the concepts, interior design and luxurious finishes which the developers are planning for the project, as well as the property’s most central location, the Corinthia Hotel is expected to establish itself as London’s foremost luxury hotel.


G eneral I nformation • 285 rooms including 30 Suites and one Presidential Suite • Lobby bar • Café Vienna • Four restaurants: the rooftop “Landskrona” features International gourmet cuisine, the “Imperial” is the hotel’s main restaurant whilst the “Admiralty” offers traditional Russian cuisine and “Bierstube” – pub style meals • Six meeting rooms • Hairdressing and beauty parlour • Health and Fitness centre with gymnasium, sauna, solarium, massage and whirlpool • Conference and banqueting facilities

Ongoing Extension and Refurbishment Project

• New Grand Lobby, Cigar Bar and Lobby Bar • An additional 105 Executive bedrooms • Executive Club Lounge • 15,000m2 of lettable area in retail malls and offices • Multi-storey car park • Grand Ballroom and 14 syndicate rooms


INTERNATIONAL HOTEL INVESTMENTS p.l.c.

OPERATING COMPANIES


CHI Limited (CHI) is a multi-brand

CHI operates hotels on behalf of IHI

Quality Project Management Limited

QPM supports and manages projects

specialist hotel operator, having

and other hotel investors, and supports

(QPM) is a specialist construction and

on behalf of developers and investors,

exclusive management licenses to

its hotel activities with a global network

project management company. The

including IHI, right through the

operate hotels under the Corinthia

of sales offices, as also a core team of

company owes its origins to Corinthia’s

development cycle, providing advice

Brand, the Wyndham Brand, the

senior hotel professionals supporting

in-house projects division, which was

and management for feasibility studies,

Wyndham Grand Collection and the

hotels in finance, HR, operations,

eventually hived off independently,

concept planning, design, appointing

Ramada Plaza Brand. The exclusive

marketing, quality and development.

and in which IHI has acquired a 20%

consultants such as architects and

licenses extend to Europe, Africa &

At present, CHI operates 15 hotels

strategic stake.

designers, issuing and evaluating

the Middle East. IHI owns 70% of the

under its licensed brands, and intends

tenders, negotiating with contractors,

company, and the remaining 30% was

to aggressively grow its business in the

supervising sites and the performance

acquired by Wyndham Hotels Group

coming years following the recent joint

of contractors, cost consultancy and,

International in late 2006.

venture with Wyndham Hotels Group.

once projects are completed, ongoing asset supervision and quality audits. To date, QPM has completed projects in some of the world’s more challenging destinations, and is particularly expert in hotel projects, ranging from newbuild to refurbishment programmes.


INTERNATIONAL HOTEL INVESTMENTS p.l.c.

22 EUROPA CENTRE 路 FLORIANA FRN 1400 路 MALTA ~ T el +356 2123 3141 路 F ax +356 21234 239 ~ E mail

info @ ihiplc . com


ihiplc.com


IHI Corporate Brochure 2010