International Hotel Investments plc – Acquisition of Corinthia Brand

December 31, 2010
|In Company Announcements
|By Jesmond Mizzi Financial Advisors

International Hotel Investments plc – Acquisition of Corinthia BrandInternational Hotel Investments plc announced that the Company has completed the acquisition of the Corinthia Hotels brand name from Corinthia Palace Hotel Company Limited.The Board of IHI considers ownership of the brand as an important step forward in successfully positioning itself as a major international hotel operator in the five-star segment by way of its operating subsidiary, CHI Limited.