Corinthia Hotel in London is a luxurious 5-star hotel located in the heart of the city. It is one of the most renowned hotels in London, known for its exceptional service and opulent amenities.
But have you ever wondered who owns this magnificent hotel? In this article, we will explore the ownership of Corinthia Hotel in London.
The History of Corinthia Hotel
Corinthia Hotel was originally built as the Metropole Hotel in 1885. Over the years, it has undergone several renovations and changes in ownership. In 2007, Corinthia Hotels International acquired a long-term lease on the property and invested over £300 million to transform it into the luxurious hotel that it is today.
Who Owns Corinthia Hotels International?
Corinthia Hotels International is a Malta-based hotel company that operates luxury hotels around the world. The company was founded by the Pisani family in Malta in 1962 and has since expanded to own and operate luxury hotels across Europe, Africa, and Asia. Corinthia Hotels International is currently owned by International Hotel Investments plc (IHI), which is listed on the Malta Stock Exchange.
The Pisani Family
The Pisani family has been involved in the hospitality industry for over five decades. They own a number of hotels across Europe, including Corinthia Palace Hotel & Spa in Malta, Corinthia Lisbon in Portugal, and Corinthia Budapest in Hungary. The family’s patriarch, Alfred Pisani, serves as Chairman of IHI and his son Simon Pisani serves as CEO.
International Hotel Investments plc (IHI)
International Hotel Investments plc (IHI) is a publicly-traded company that operates luxury hotels around the world. It was founded by Alfred Pisani in 1986 and listed on the Malta Stock Exchange in 2000. IHI owns and operates a number of luxury hotels under various brands, including Corinthia Hotels, Hilton, and Wyndham.
The Future of Corinthia Hotel London
Corinthia Hotel London has become an iconic landmark in the city since its transformation in 2011. The hotel boasts over 300 rooms and suites, several restaurants and bars, a luxury spa, and state-of-the-art event spaces. In recent years, there have been rumors of a potential sale of the property, but as of now, Corinthia Hotels International remains the long-term leaseholder of the property.
Conclusion
In conclusion, Corinthia Hotel in London is owned by Corinthia Hotels International, which is owned by International Hotel Investments plc (IHI). The Pisani family, who founded Corinthia Hotels International, has been involved in the hospitality industry for over five decades and continues to expand their portfolio of luxury hotels around the world. As for the future of Corinthia Hotel London, only time will tell if there will be any changes in ownership.