Corinthia Group of Companies

Corinthia Group Of Companies
Type Public (IHI)
Industry Hospitality
Founded Malta (1960)
Headquarters Floriana, Malta
Key people Alfred Pisani (Chairman & CEO)
Yousef Abdelmaula (Vice-Chairman)
Website CorinthiaCorporate.com
This article is about the parent company to the Corinthia Hotels brand, for other uses please see Corinthia (disambiguation)

The Corinthia Group is the parent company to Corinthia Hotels International. The group is an international investor, developer and operator of upscale hotels and resorts in Europe and Africa. The group has management agreements with Wyndham Hotels of America and Istithmar Hotels of Dubai.

Contents

History

The Corinthia Group's success begins with prominent hotelier Alfred Pisani, who developed one of Malta's first deluxe hotels on a family-owned estate. The original Corinthia Hotel was opened in Malta in 1962 by HRH The Duke of Edinburgh. Pisani, as current Chairman and Chief Executive Officer, has since expanded the company into a multinational competitive group comprising four subsidiary companies.

Hotel management

Corinthia Hotels International Limited is a multi-brand hotel operator, having exclusive management licenses to operate hotels under the Corinthia Brand, the Wyndham Brand, the Wyndham Grand Collection and the Ramada Plaza Brand. The exclusive licenses extend to Europe, Africa and the Middle East. The Pisani family along with IHI owns 70% of the company, and the remaining 30% was acquired by Wyndham Hotels Group International in late 2006. CHI manages hotels in Czech Republic, Hungary, Libya, Malta, Portugal, Russia, The Gambia, Togo, Tunisia and Turkey.

Quality Project Management

QPM dates back to the 1980s and since then has developed into the largest international project management organisation in Malta, having been entrusted with more than forty projects valued at over €600 million.

Industrial catering

Corinthia In-flight Services was established in 1974 and currently has a production capacity in excess of a million meals annually. It caters to international airlines operating in and out of Europe such as Lufthansa, British Airways, SAS, and Emirates Airlines, as well as the catering for many VIP flights. CIS is also a member of the International Travel Catering Association.

Hotel investments

International Hotel Investments (IHI), was set up and promoted by the Corinthia Group, a long-standing investor, developer and operator of upscale hotels in Europe, Africa and the Mediterranean region. Following a successful IPO in April 2000, the company's shares were listed on the Malta Stock Exchange and are soon[when?] to be listed on a major stock exchange in Europe. Target acquisitions have typically involved hotels that are, or have the potential to become, the top five-star properties in their respective locations.

References

External links


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