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THE CORINTHIA GROUP RENAMES IT'S FIVE-STAR PROPERTY IN LISBON TO "CORINTHIA LISBOA HOTEL"

The Corinthia is the Largest Conference Hotel in Lisbon

The Corinthia Group affiliated International Hotel Investments plc (IHI), a public company based in Malta, with hotel investments in Budapest, Lisbon, Malta, and St Petersburg, announced that its five-star Corinthia Alfa Hotel in Lisbon was renamed 'Corinthia Lisboa Hotel', to better reflect the fruitful association that exists between the internationally recognized Corinthia Brand and the city of Lisbon in Portugal.

Following extensive renovation work in 2004, the 24-story Corinthia Alfa Hotel emerged as the newest five-star hotel in the city.  The hotel has 517 rooms and suites and 3,000m2 allocated to state-of-the-art meeting facilities, with 17 meeting and syndicate rooms, the largest of which houses up to 750 delegates in theatre style. This makes Corinthia Alfa the largest conference hotel in Lisbon, able to handle 1,400 delegates at any given time, supported by a 24th floor Executive Lounge affording spectacular views of Lisbon, complete with boardrooms, executive check-in and business facilities. All the hotel's communal areas have wireless Internet access.

Announcing the name change, Corinthia Lisboa general manager Jose Luiz Moreira said "The property has been operating as the Corinthia Alfa Hotel ever since IHI took it over in 2001. The retention of the name Alfa enabled us to capitalize on the market's awareness and knowledge of the original Alfa Hotel that had served the Lisbon market for many years.  However, since its re-opening last year with a vastly improved product that firmly established it as one of the leading 5-star hotels in the Lisbon market, we firmly believe it is now time for the respected 'Corinthia' trade name to feature prominently alongside that of the great city it serves, hence Corinthia Lisboa"

Located in the heart of Lisbon's financial district, the Corinthia Lisboa hotel is within close distance to the historical city centre, as well as being very close to the magnificent Estoril coastline.

IHI is a public company based in Malta with hotel investments in Lisbon, Malta, Budapest and St Petersburg. The Company's hotels are operated by Corinthia Hotels International, an associate company of IHI that operates 20 outstanding four and five-star city and resort hotels in Belgium, the Czech Republic, Hungary, Libya, Malta, Portugal, Russia, The Gambia, Togo, Tunisia and Turkey.

For additional information on CHI visit www.corinthiahotels.com; in

New York, The Bradford Group (212) 447-0027,

bradfordmktg@aol.com.

Editorial Contact:

Karen Hoffman,

The Bradford Group

Tel: (212) 447-0027

Corinthia Hotels International

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