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CHI
to operate its first five star Corinthia Hotel in
Algiers January 24,
2007/eTN - Malta-based upscale hotel operators
Corinthia Hotels International (CHI) announced the
signing of a technical assistance agreement and a
hotel management services agreement with Algerian
hotel-owning company Lafider s.p.a. for the
construction and operation of 'Corinthia Hotel -
Algiers' - a five-star deluxe hotel complex to be
built in the city of Algiers. By virtue of this
agreement, CHI will be giving its technical
assistance and advice in the planning and design of
the "Corinthia Hotel &endash; Algiers" and will
eventually take on the full management of the hotel
once it is fully operational and capable of
delivering its services to Corinthia's five star
deluxe standards. The signing
ceremony took place in Algiers on 14th December
2006 between CHI chairman the Hon Karmenu Vella and
Lafider president and general manager Mr Omar
Abdelaziz El Aweni. Welcoming the new
collaboration agreement, the Hon Karmenu Vella
stated "We are delighted to be taking on this new
project, the first-ever hotel to be flying the
Corinthia flag in the wonderful city of Algiers.
This new deal is another step forward in CHI's
quest at becoming a leading international hotel
operator with the Corinthia, Wyndham and Ramada
Plaza brands in EMEA. Our pioneering spirit and
more than 40 years of experience in the hotel
industry give us the necessary drive and full
confidence that we will successfully put this
property on the international scenario." The five-star
"Corinthia Hotel &endash; Algiers" will feature 274
exclusively appointed bedrooms and suites, a
business centre and executive floors, a health club
with indoor and outdoor pools, a variety of
restaurants, a banqueting hall and meeting rooms,
and the very latest in conference facilities. All
this will be housed in an elegant glass-fronted
Tower which will be part of a bigger commercial
complex. On his part,
Lafider President and Managing Director Mr. Omar
Abdelaziz El Aweni said "We are delighted to have
provided CHI with its first hotel operation in
Algiers and hope that this will be the catalyst for
further growth of CHI in the region. We have
experienced CHI's 'Spirit of Corinthia' culture of
Warmth, Colour and Vitality in its many hotels and
have no doubt that our combined synergies will now
help bring this culture to Algiers as
well." Construction work
on the Corinthia Hotel - Algiers is scheduled to
commence during the first half of 2007, with the
hotel set to open its doors in 2009. About Corinthia
Hotels Corinthia Hotels is
a luxury brand of five-star hotels in Lisbon,
Portugal; Budapest, Hungary; Prague, Czech
Republic; St. Petersburg, Russia; Malta; and
Tripoli, Libya. Founded by the Pisani family of
Malta in the 1960s, the Corinthia brand stands in
that proud tradition of European hospitality and
its signature services communicate the 'warmth,
colour and vitality' of its Maltese heritage. All
Corinthia hotels feature state-of-the art
conference areas and extensive business traveller
facilities. Corinthia Hotels' portfolio includes
the award-winning Corinthia Grand Hotel Royal in
Budapest, which received Europe's 'Best Hotel
Architecture Award' and was selected to join the
privileged list of 'The Most Famous Hotels in the
World'. Corinthia Hotels is associated with the
Wyndham Grand Collection. About CHI
Ltd CHI Ltd is an
international hotel operating joint venture company
between Malta based International Hotel Investments
plc (IHI) and Wyndham Hotel Group of the US. It has
exclusive rights to manage Corinthia, Wyndham and
Ramada Plaza hotels in Europe, Middle East and
Africa (EMEA). CHI has accumulated over 40 years of
experience in delivering a high quality service to
hotel guests and an optimum rate of return for
owners and investors in diverse business
environments. Its expertise extends to management
of luxury and upscale properties in city and resort
locations, and products ranging from boutique to
large conference and meeting hotels. For further
information on Corinthia Hotels please visit
www.corinthiahotels.com |
