Profile

International Hotel Investments Plc (IHI) was launched as a publicly-traded company in 2000 by Corinthia Palace Hotel Company Limited of Malta, with the intention to acquire, develop and operate upscale hotels and ancillary real estate in Europe and beyond, principally in fast-evolving destinations.
 
IHI’s investments to date have featured a combination of new-construction of landmark developments, as also the acquisition of existing hotels, where IHI has maximized the earnings potential of each of the acquired hotels by way of major refurbishment and expansion projects.  Typically, IHI has targeted investment opportunities in evolving, flourishing destinations, working with local authorities to unlock hidden value in landmark real estate.  Overall, IHI’s policy is to strike a balance between capital appreciation on acquisitions and redevelopments, and healthy operating cashflows.

To date, IHI has acquired and developed seven landmark hotel projects, in London (United Kingdom), Prague (Czech Republic), Tripoli (Libya), Lisbon (Portugal), Budapest (Hungary), St Petersburg (Russia) and St Julian's (Malta).

In 2007, IHI welcomed Nakheel Hotels (formerly Istithmar Hotels) of Dubai as another major, strategic shareholder in the Company.  IHI is proud to bring together such an esteemed group of committed and strong shareholders.
 
Since 2006, IHI is also the principal shareholder in a hotel management company – CHI Limited (CHI) – in partnership with Wyndham Hotels Group of the United States.  CHI is the nominated licensed operator of the Corinthia, Wyndham and Ramada Plaza brands across Europe, Africa and the Middle East.
 
In support of its investments and developments in the hotel sector, IHI is also a strategic shareholder in Quality Project Management Limited, a construction project management firm having a specialist track record 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.


Corinthia- CPHCL is a joint venture between the Pisani family of Malta, and the Libyan Foreign Investment Company (LFICO) which joined the Company in 1974.  CPHCL has since grown to be the leading private company in Malta with ownership and management interests in hotels in Europe, Africa and the Mediterranean. LFICO is the investment arm of the Government of Libya, with investments and shareholding interests across the globe, and across several sectors.

Nakheel Hotels (formerly known as Istithmar Hotels FZE) is an integrated hotel development, investment and asset management business with investments under management currently in excess of $3 billion.  Nakheel Hotels' goal is to deliver exceptional returns through the acquisition and active management of luxury hotels in key gateway cities and resorts around the world , together with strategic equity investments and investment in branded budget hotels in key growth markets.  Building and leveraging relationships with key strategic partners is central to the company's investment strategy.

Investments include the Mandarin Oriental and W Union Square hotels in New York, Hotel Washington in Washington DC, the One & Only Resort in Los Cabos, Mexico and significant equity stakes in Kerzner, operator of the Atlantis and One & Only brands, and IHI, owner of a portfolio of hotels in Europe and North Africa operated under the Corinthia brand.  Nakheel Hotels also has significant investments in the budget hotel sector, holding the master franchise rights for easyHotels.com in the MENA region with the first hotels under development in Dubai, and an investment in Tune Hotels in the ASEAN region.

Wyndham Hotels Group  is one of the three principal divisions of the NYSE-listed Wyndham Worldwide, the others being RCI Global Vacation Network and Wyndham Vacation Ownership.  Wyndham Hotels Group encompasses more than 6,300 franchised and managed hotels and 535,000 hotel rooms worldwide, operating under one or the other of WHG's several renowned brands, including Wyndham, Ramada, Days Inn, Howard Johnson and Super 8.  In EMEA, WHG operates hotels under the Wyndham and Ramada Plaza brands by way of CHI Limited, the joint venture with IHI.

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