IHI owns and manages the Corinthia Brand. Its business consists in owning hotels and real estate, hotel management, development and project management. Corinthia Hotels Limited (CHL), IHI’s group management company, operates 21 hotels on four continents, 10 of which are Corinthia Brand hotels. Eleven new hotels are under development – in Italy, Riyadh, Dubai, Doha. Beverly Hills, Los Cabos, Turks and Caicos, Chengdu, Maldives and Malta. In addition to hotel operations and ownership, IHI derives rental income from commercial, office and residential real estate in Budapest, London, St Petersburg and Tripoli.
Corinthia Real Estate Ventures (CREV), a wholly-owned subsidiary of IHI, has been established to crystallise our extensive development capabilities into a stand-alone company structure. CREV’s purpose is to source and execute real estate acquisition opportunities, and to carry forward projects on behalf of investors worldwide.
IHI is also the parent company of QP Limited – a professional services firm that provides design, engineering and management solutions in the built environment. IHI also owns significant land for future development in the Czech Republic, Hungary, Libya and Malta.