International Hotel Investments plc - Corinthia Hotel Rome

On 22 October 2019, International Hotel Investments plc announced that it has entered into contractual arrangements to develop, lease and operate a luxury hotel in central Rome. The arrangements comprise a development management agreement entered into by Corinthia Developments International Limited, and a lease agreement entered into by Corinthia Hotels Limited. Both companies are 100% subsidiaries of the IHI Group.

The new 55-room Corinthia Hotel Rome will be located at the building formerly occupied by the Central Bank of Italy. Renovation and conversion works are expected to commence in 2020.