Villa Corinthia came alive last Sunday with the sound of music as the inaugural concert in Corinthia Palace’s year-long Palace Concerts series opened in striking fashion.

An ensemble of accomplished musicians and singers led the audience on a deeply emotional journey that befitted the Easter season. Set within the Villa’s elegant surroundings, the programme offered beautiful renditions of the most beloved choral and instrumental works ever written as the evening moved gently from introspection to beauty and celebration.

The concert unfolded in two distinct parts: the first reflecting on human fragility, compassion and sorrow; the second opening into light, gratitude and joy. Across an uplifting 80-minute programme, featuring works by Jenkins, Mozart, Bach, Elgar and Fauré, the performance balanced emotional depth with joyous expression.

Guests were then welcomed to a reception of refined small plates prepared by chef Francesco Mazzei, accompanied by wine and prosecco.

The opening performance followed the formal launch of the Palace Concerts series, held last week at Villa Corinthia, where invited guests were treated to an intimate preview through a series of live musical excerpts. The event brought together leading Maltese musicians alongside emerging talent, offering a clear sense of the programme’s direction.

Set within the elegant interiors of the Villa, the launch brought together leading Maltese musicians and emerging talent, offering a glimpse of what audiences can expect from the year-long initiative. Among the standout moments was a performance by 10-year-old pianist Gabrijel Cassar-Cordina, whose poise and musicality drew particular attention and underlined the programme’s commitment to nurturing young talent alongside established artists like Gillian Zammit, Cliff Zammit Stevens and Matthew Fenech.

Guests also got to sample a selection of delightful bites and dishes by the Francesco Mazzei kitchen, which will feature throughout the concert series events.

Speaking at the launch, Alexandra Pisani, General Manager at Corinthia Palace, described the initiative as an expression of something long felt within Corinthia Palace, saying there is natural affinity with art, music and culture — something that has always lived quietly within the hotel’s atmosphere — and said the programme simply gives it form.

She emphasised that art is not an addition to hospitality, but an essential part of it: something ever-present, evolving and reflective of identity.

Through Palace Concerts, she said, the hotel becomes a vessel for that expression, where sound and creativity gently inhabit the space, shaping how it is experienced. At its most meaningful, hospitality should go beyond offering a room or service, she added — it should touch something internal, creating a sense of connection, emotion and resonance.

 

 

 

Corinthia director Alfred Camilleri, a classical music buff who painstakingly put together the concert programme, said the initiative is the first privately funded, year-long music series of its kind in Malta.

Bringing together 91 artists, the concert series is designed to be both distinctive and accessible, with each concert offering a unique interpretation of “beautiful, elegant music.” He highlighted the importance of providing a platform not only for recognised performers but also for emerging talent.

The programme will span a wide range of performances throughout the year, including chamber music, solo recitals and themed concerts. Highlights include a six-cello performance ahead of Mother’s Day in May, guitar classics in June, a piano recital by Francis Camilleri in July, and a series of summer concerts set in the hotel’s gardens. Later performances will feature works by Beethoven and Mozart, a clarinet concerto, and a Christmas concert inspired by the Corinthia Chairman’s wife, Maria Pisani.

Most concerts will be held within Villa Corinthia, with select events moving outdoors during the summer months. Across all settings, the emphasis remains on creating an atmosphere where music enhances the experience of the space.

As well as being a luxury hotel, Corinthia Palace is being transformed into a venue where music, culture and hospitality intersect. Indeed, a home for beautiful music.

For more information, click on: https://www.corinthia.com/en-gb/palace/palace-concerts/

Corinthia Hotels is deepening its presence in Italy with Borgo di Perolla, a new luxury resort in Tuscany that brings together heritage, landscape and contemporary elegance.

Designed by Milan-based alErta studio, Borgo di Perolla will transform a collection of historic buildings into a refined retreat, taking shape as a village centred around a lively piazza, with 80 keys including suites and private villas.

A farm-to-table philosophy will guide the culinary offering, drawing from the estate’s own produce – olive oil, wine and honey – and from the rhythms of the surrounding region, reflecting the Tuscan tradition of il dolce far niente, the quiet pleasure of simply being and savouring unhurried moments.

Rolling hills extend towards the medieval town of Massa Marittima, while the coast, the beaches of Castiglione della Pescaia and Punta Ala, and the region’s renowned thermal springs remain within easy reach, balancing seclusion with access.

Scheduled to open in 2030, the development is being realised in partnership with entrepreneur Gaetano Buglisi and the BGenera Group, with advisory support from Fortvny and Harry Mills Sciò.

Simon Naudi, Group CEO of Corinthia Group, said: “We are delighted to partner with Gaetano Buglisi on a new project that so clearly aligns with our values. As our third property in Italy, Borgo di Perolla, Tuscany marks an important step in strengthening Corinthia’s presence in this wonderful market. It will be a destination shaped by its environment, its community and its heritage – brought to life through a shared vision of sustainable luxury and meaningful guest experiences.”

At its heart lies the 13th-century Perolla Estate, a 1,300-hectare landscape of woodland, olive groves and vineyards, where historic structures will be carefully restored and reimagined.

Wellness, celebration and community will form part of the experience, with dedicated spaces including a restored chapel for weddings and private events, alongside a branded residential component that extends the destination beyond the traditional hotel stay.

Borgo di Perolla becomes Corinthia’s third property in Italy, following the opening of the landmark Corinthia Rome and ahead of Corinthia Lake Como, set to launch in 2028, reinforcing the Group’s continued investment in distinctive, experience-led destinations.

 

Rome, March 2026 – On the historic Piazza del Parlamento, Corinthia Rome, located on the historic Piazza del Parlamento, opens the doors of a grand neoclassical palazzo, marking the Italian debut for Corinthia Hotels.

The brand’s commitment to modern heritage is expressed through the restoration of the former seat of the Bank of Italy. Carefully reimagined as a hotel, the project preserves the architectural integrity, from its monumental structure to its original 1920s frescoes.

The 9,700 square-metre, 60-key hotel marks the first Roman address for Italy’s famed chef Carlo Cracco, and includes panoramic penthouses and a subterranean spa inspired by ancient bathing rituals, set within the building’s original vault.

Located in the neighbourhood of Campo Marzio, moments from the Pantheon, Roman Forum and Spanish Steps the property is owned by Reuben Brothers and is their second hotel to be operated by Corinthia Hotels. Designed by Pio and Marcello Piacentini, the property was constructed between 1913 and 1921.

The restoration that gave rise to Corinthia Rome was envisioned not simply as a renovation but as a considered revival of the building’s architectural and cultural legacy. Led by hospitality design studio GA, the structure has returned to its original proportions, stripped of later interventions and reinterpreted through rigorous historical and philological research, revealing mosaics, stuccoes, cornices, painted ceilings and marble detailing.

The symbolic heart of this rebirth is the former Council Chamber overlooking Palazzo Montecitorio, now transformed into the Theodoli Heritage Suite. A space of remarkable narrative presence, it preserves the original 1920s frescoes by Giulio Bargellini and a ceiling by Guglielmo Janni – an allegorical map tracing the history of Italian currency.

Where pivotal financial decisions were once made, guests now rest beneath a painted cycle of civic virtues, symbolic processions and images of national prosperity. Now, as Corinthia Rome, that original

language is reinterpreted: a former seat of power reopens to the city as a place where value is measured not in reserves, but in beauty, time and human connection.

Corinthia’s grand boutique ethos is demonstrated through grand architecture and the vibrant social life of the hotel which is curated by Italy’s celebrated chef Carlo Cracco in his Roman debut. At Viride, overlooking the interior garden, contemporary Italian cuisine is expressed through a refined, seasonal dialogue with exceptional produce. Piazzetta evokes Rome’s tradition of lively, open-hearted hospitality, while Ocra Bar, in warm nocturnal tones, sets the scene for aperitifs and late evenings.

“The opening of the Corinthia in Rome is another milestone for our Group,” Simon Naudi, Managing Director of the Corinthia Group, says, “with a 60-year traditional of hospitality further expanding to major cities and resorts worldwide, with more to come soon in Italy and beyond”.

“Corinthia Rome was created to be experienced,” says Danilo Zucchetti, Managing Director. “We invite the world to visit and fill this rediscovered building with vibrant energy. The authentic connection with Rome and its inhabitants is what matters most to us and is what makes the experience truly memorable, both for our guests from all over the world and for the Romans themselves”

The 60 rooms, including 21 suites, are designed as private residences within the historic fabric of the building. Generous in proportion and filled with natural light, they feature high ceilings and large windows overlooking Rome or the inner courtyard. Restored architectural details are paired with contemporary furnishings, creating a measured balance between heritage and modern comfort.

The suites express the hotel’s grand residential spirit. From the duplex Campo Marzio Suites to the Chigi Suite with its sweeping rooftop terrace, from the Arte Suite to the Theodoli Heritage Suite, each offers a distinct interpretation of Roman character. The Aurea Penthouse crowns the collection – inspired by the Domus Aurea and designed for complete privacy above the city.

Where the bank vault once safeguarded financial reserves, it now protects a sense of personal time. Inspired by the ritual of Roman bathing, the Corinthia Spa is an intimate, subterranean space shaped by water, mineral stone and softened light – a quiet counterpoint to the city above. The treatment menu developed in collaboration with Italian brand Seed to Skin and 111Skin London, combines botanical intelligence with clinical innovation in rituals focused on deep regeneration. With signature treatments such as The Chrysalis and Reverse Signature Facial, the partnership with Seed to Skin brings international guests a distinctly Italian approach to wellness – marrying Tuscan botanicals with advanced performance.

Rooms at Corinthia Rome start from €1300, with suites from €2100 which can be packaged to include various enhancements. Easter in the Eternal City celebrates the period with a package available from 1 to 12 April 2026, including daily breakfast for two, early check-in, late check-out and room upgrade subject to availability, with a welcome Easter amenity and a hotel credit of €100 per room per stay.

Corinthia Rome returns a historic landmark to the city, reimagined for contemporary life as Rome’s eternally artful enclave.

 

 

 

International Hotel Investments (IHI) Group and the University of Malta, together with its Research, Innovation and Development Trust (RIDT), have signed an agreement establishing a three-year doctoral scholarship in sustainable tourism.

The scholarship, known as the Alfred Pisani PhD Scholarship, was signed at the Corinthia Palace Hotel in Attard by University Rector Professor Alfred Vella and Corinthia Chairman Alfred Pisani.

The initiative marks the start of a strategic collaboration between Corinthia and the University of Malta to advance research and innovation in sustainable tourism, an area of growing importance for Malta’s long-term economic and environmental resilience.

Mr Pisani noted that tourism lies at the heart of Corinthia’s mission and Malta’s future prosperity. As an international hotel management brand with a presence in major global capitals, the Group has long recognised the importance of sustainable tourism for the Maltese Islands.

The scholarship reflects a shared commitment to rethinking tourism models and promoting research that supports a more sustainable, value-driven approach. Rather than focusing solely on increasing visitor numbers, the initiative highlights the importance of attracting higher-value tourism that contributes more significantly to the economy while reducing pressure on infrastructure and resources.

Malta’s rich cultural heritage and history position the country strongly to attract discerning travellers seeking quality experiences. The scholarship will support advanced academic research aligned with this direction and with broader national efforts to enhance Malta’s standing as a leading Mediterranean destination.

The choice of the Corinthia Palace Hotel as the signing venue is also symbolic. When the hotel opened in 1968, Malta was at an early stage in establishing tourism as a pillar of its newly independent economy. Six decades later, tourism remains central to Malta’s success, and this collaboration reflects a forward-looking commitment to its sustainable future.

Through the Alfred Pisani PhD Scholarship, IHI and the University of Malta aim to foster academic excellence and meaningful research that will help shape the future of sustainable tourism locally and internationally.

IHI, together with its Head of Sustainability Patrick Spiteri Staines, looks forward to a fruitful partnership that strengthens ties between academia and industry, while supporting an important national research initiative.

 

 

 

Corinthia is redefining the spa experience with the introduction of transformational therapy, creating a calm, self-contained world where guests are given the time, space and expert guidance to reset, rebalance and reconnect.

Biome by Corinthia, launched at the luxury hotel brand’s flagship, Corinthia London, marks a new chapter for its much-loved spa, which for more than a decade has set the standard for urban wellness.

With Biome, Corinthia embraces a new philosophy: Primal Luxury – a balance of instinct and science, nature’s rhythms and modern research.

Charlotte Weatherall, General Manager of Corinthia London, said: “Biome marks an important evolution for us. Our spa has always been a destination. With Biome, we honour that legacy while moving towards something deeper and more intuitive. It’s a living concept that will continue to grow.”

Biome is shaped by three founding partners — Wildsmith, Augustinus Bader, and AMP — each bringing a distinct perspective rooted in nature, science and human potential.

Wildsmith’s biodynamic, botanical treatments focus on restoring balance through touch, rhythm and a deep understanding of the nervous system, offering immersive body rituals and therapeutic facials that feel grounding and restorative.

Augustinus Bader introduces a clinical dimension, powered by its TFC8® technology and regenerative research. Treatments are personalised to support cellular renewal and long-term skin health, working in harmony with the body.

AMP completes the trio with a science-led approach to movement, strength and recovery. Through personal training, conditioning, mobility coaching and advanced recovery therapies, AMP ensures wellbeing is not only felt, but sustained.

Biome is designed to evolve, with future partners and expanded programming set to explore longevity, nutrition and holistic lifestyle support.

Building on the legacy of Corinthia London’s renowned spa, Biome retains its expansive Thermal Floor, tranquil treatment pods, swimming pool, vitality pool, amphitheatre sauna, steam room, experience showers and heated marble loungers — now brought together under a more integrated and intentional vision of care.

Biome by Corinthia London is now open, welcoming hotel guests, members and day visitors into a new era of urban wellbeing – one that feels instinctive, considered and quietly transformative.

Corinthia will be making its long-awaited debut in Italy when Corinthia Rome opens its doors on Saturday, February 28. Set within a beautifully restored historic building overlooking Piazza del Parlamento, the eagerly-awaited hotel promises to be a sparkling jewel in the Eternal City.

Amid the buzz of excitement, Philip Farrugia Randon met the hotel’s General Manager, Danilo Zucchetti, to gain a unique insight into a vision that has been years in the making, and ask why he believes Corinthia’s presence is significant in a special city like Rome?

“It’s our identity – what our founder and Chairman, Alfred Pisani, calls the Spirit of Corinthia – that will set Corinthia Rome apart,” says Danilo. “We take a highly-personalised approach to service and hospitality that elevates the guest experience to another level – efficient but welcoming, luxurious but homely. Coupled with our coveted address, on Piazza del Parlamento, this is what will make Corinthia Rome special.”

With only 60 rooms and suites yet the infrastructure of a grand hotel, how does one balance intimacy with grandeur?

For Danilo, it’s all about aligning intimacy with scale: “On one hand, the hotel offers all the facilities expected of a grand hotel — from restaurants and bars to a state-of-the-art fitness centre and a truly ‘Grand Spa’; on the other, it delivers the intimacy and characterful atmosphere of a boutique property.

“Ultimately, the defining element is the human touch, and how our team transforms service into something more creative and thoughtfully crafted, in the spirit of a boutique hotel.”

Danilo is certainly no stranger to the hospitality industry, having managed some of Italy’s most iconic destination hotels, including Villa d’Este. So, how does the mindset shift when running a city-centre property woven into the political and civic fabric of Rome?

“While Villa d’Este was often described as a ‘destination in itself’, Corinthia Rome possesses its own distinct qualities – from its extraordinary location to the uniqueness of its style – that support our ambition to create not merely a luxury hotel to stay in, but a place to belong to.”

Respect for history is central to that vision. Great care was taken to preserve the character of the original building, including early 19th-century frescoes now visible in the hotel’s largest accommodation, the Heritage Suite. These historical elements are balanced by carefully reimagined contemporary spaces, most notably the open-air garden.

Framed by the hotel’s various outlets, the garden forms the heart of the property – an oasis of tranquillity and conviviality where guests can truly feel at ease – which is conceived as a living space rather than a decorative one: calm in the morning, more social at lunch, and gently animated in the evening.

Equally distinctive is the spa. Conceived as a bespoke sanctuary, Danilo explains it draws inspiration from Roman bathing traditions and the restorative power of nature. Treatments have been developed in collaboration with Seed to Skin from Tuscany and London-based 111Skin, offering both residents and local guests a range of treatments to restore balance within serene surroundings, subtly accented with laurel-inspired décor.

The living spaces, meanwhile, have been designed with a strong sense of residential comfort. With 21 suites among its 60 keys, the hotel offers an unusually generous suite-to-room ratio. Notably, each themed suite has its own distinct character and style – an approach that remains uncommon among hotel brands – and terraces overlooking the historic centre.

“This was a deliberate response to travellers’ growing desire for space and a sense of private residence,” Danilo says. “The modern luxury traveller coming to Rome today is far more focused on meaning. They want to feel like residents rather than visitors, and, as a result, they now tend to stay longer.”

Transforming a historic building into a contemporary hotel was no mean feat. It required patience, precision and a deep respect for the structure’s heritage. As Danilo reflects, “Rome wasn’t built in a day” — and the same proved true for the meticulous renovation of this magnificent property.

“Extensive restoration, logistical complexity, and the need for numerous authorisations meant that the process unfolded gradually. The result is a property where craftsmanship and detail are evident at every turn – from restored architectural features to newly created interiors that balance elegance with warmth. The result has been exceptional: Corinthia Rome stands today as a true expression of timeless Italian elegance, reflected in every detail.”

Food and beverage form a central pillar of the experience. In collaboration with renowned chef Carlo Cracco, the hotel introduces a collection of dining venues including Viride, Ocra, and Piazzetta. Each concept reflects a thoughtful approach to seasonality, ingredient-led cuisine, and an atmosphere that feels refined yet welcoming.

With Rome experiencing a hotel-driven gastronomic renaissance, how does Chef Cracco’s approach here differ from his flagship restaurants in Milan?

Danilo smiled. “Rome is not Milan, and it shouldn’t be treated as such. Carlo’s approach is less about translating an existing model and more about listening to the city.

“The menus at ‘Viride’, ‘Ocra’, and ‘Piazzetta’ will be lighter, more seasonal, and more directly connected to local ingredients and Roman culinary memory. Milan allows for a more conceptual, urban expression of cuisine; Rome calls for warmth, immediacy, and a strong relationship with raw materials. Here, the focus is on clarity of flavour, Mediterranean balance, and dishes that feel refined but never distant from tradition.

Of course, Roman dining culture is notoriously particular, with locals often wary of hotel restaurants. So how did Corinthia go about making this new dining concept appealing not only to hotel guests but also to a broader local clientele?

“The key is authenticity. Romans go where they feel comfortable and respected. Prices, service style, and menu structure are all designed to be approachable, not intimidating. ‘Piazzetta’, in particular, is conceived as a lively, informal meeting place open to the city, while ‘Viride’ and ‘Ocra’ offer more structured experiences without losing warmth. We want Romans to feel that this is their place – a restaurant you return to regularly, not only for special occasions.”

For Danilo, however, the true essence of the hotel lies not in its architecture or facilities, but in its people. After decades in luxury hospitality, he is clear about what mattered most when building the opening team.

“Skills can be trained,” he says, “but passion and attitude are innate. The non-negotiable trait in every new hire is the way they relate to others — to colleagues and to guests. That is what ultimately defines the experience we create.”

With all the planning and detail that have gone into shaping the property, the appointment of Danilo at its helm, and a strong team around him, the foundations are firmly in place, while the partnership with Carlo Cracco further strengthens what is already a compelling proposition.

“We are confident we have created a very special property,” says Danilo. “Corinthia Rome is a private Roman residence tucked in the heart of power and history, where time slows, beauty unfolds quietly, and the city is experienced not as a destination, but as a personal relationship. Now, we look forward to welcoming our first guests so they can get to experience it for themselves.”

Philip Farrugia Randon was, in every sense, a Renaissance man. His intellect was broad, his interests deep, and his curiosity endless. Whether the subject was history, art, literature he spoke with knowledge, insight, and a wit that made every conversation a pleasure. He brought humour and elegance to even the simplest exchanges, turning ordinary moments into memorable ones.

Beyond his personal qualities, Philip was deeply committed to public service. He never sought recognition, yet his contributions made a genuine difference. His sense of duty was rooted in humility, integrity, and a sincere desire to help others and improve the community around him.

To know Philip was to be enriched. To spend time in his company was to experience warmth, intelligence, and gentle humour. He leaves behind not only fond memories but also an example of how to live—with curiosity, kindness, and an unwavering spirit of service.

He took his responsibilities as editor of Insider very seriously and I was always impressed by his speed in finishing off an article with his velvety turn of phrase.

On a personal note, I have known Philip since our days at the Lyceum and we entered university on the same day. Our condolences go to his beloved Helen and his daughter Philippa. Farewell, my friend.

Corinthia Hotels is bringing a new vision of luxury to Lake Como, partnering with RoundShield and Kervis SGR to create an intimate resort in the picturesque alpine village of Menaggio. Set beside Italy’s second-oldest golf course and framed by the foothills of the Pre-Alps, the 58-key Corinthia Lake Como will blend lakeside living with alpine elegance, offering a rare sense of space and privacy in one of Europe’s most coveted destinations.

Lake Como is a place of effortless beauty, where deep blue waters meet dramatic mountains and grand villas sit quietly among cypress and olive trees. Long celebrated for its elegance, calm rhythm, cinematic scenery and immortalised by Alessandro Manzoni’s masterpiece ‘The Betrothed’, the lake offers a rare sense of escape—timeless, romantic, and endlessly captivating. 

Designed to feel deeply connected to its surroundings, the resort will pair beautifully restored historic architecture with generous outdoor living. Guests can expect serene spa and wellness experiences, refined yet relaxed dining, and a private lakefront club with direct access to the water. A standout feature will be a floating pool set on the widest part of the lake, inviting long, unhurried days spent between water and sky. Three exclusive branded residences will sit alongside the hotel, while shared spaces—including the lobby, lounge, and golf club—will be housed across three elegant villas, each opening onto sweeping views of the lake and mountains.

Guest rooms and suites will be gently woven into the landscape, echoing the understated charm of Como’s lakeside villages and the timeless elegance of Menaggio. Every element of the design is intended to feel calm, considered, and quietly luxurious, encouraging guests to slow down and connect with the rhythm of lake life.

“We are honoured to be expanding our portfolio in Italy and to partner with RoundShield and Kervis on this landmark project,” said Simon Casson, CEO Corinthia Hotels. “Lake Como is one of the world’s most admired destinations, and this development represents a shared commitment to excellence and authenticity. Together, we will deliver a hotel that celebrates the region’s splendour and heritage while exemplifying Corinthia’s standards of timeless, thoughtful luxury.”

Construction is expected to begin following final planning approvals, with operations targeted for late 2028. The property is owned by the Putter Fund and is being developed by Kervis SGR S.p.A – an Italian real estate and special situations investment manager with over €1.5 billion in assets under management. Kervis is the asset manager of the Putter Fund, fully invested by a RoundShield entity.

“We are proud to bring this extraordinary site to life with Corinthia and Kervis, blending Lake Como’s heritage with an elevated luxury offering” said Philipp Henle, Managing Director at RoundShield. “This project reflects RoundShield’s growing focus on luxury hospitality-led real estate in prime European destinations, with additional projects forming part of a carefully curated growth pipeline”.

“We are delighted to partner with Corinthia and RoundShield on this unique opportunity to bring back to life one of Lake Como’s most iconic destinations. The project perfectly embodies Kervis’ vision of combining heritage, sustainability, and excellence in hospitality to create long-term value for both our investors and the local community. This investment also reflects Kervis’ broader strategy of partnering with leading global operators and institutional capital to reposition landmark Italian destinations,” said Federico Romito, Partner and Head of Acquisitions at Kervis SGR.

The romantic spirit of the Lake Como resort echoes the Maltese villa where Corinthia’s story began, a reminder of the brand’s commitment to creating timeless places that inspire, comfort, and linger in memory.

 

COMPANY ANNOUNCEMENT

 

The following is a Company Announcement issued by International Hotel Investments p.l.c. pursuant to the Capital Markets Rules as issued by the Malta Financial Services Authority.

 

Corinthia Hotels announce luxury development in Lake Como, Italy

 

International Hotel Investments p.l.c. (IHI) announces that its subsidiary, Corinthia Hotels Limited has signed an agreement for the management of a world-class, luxury resort to be built in Lake Como, Italy.

 

The 58-key Corinthia Lake Como will be built adjacent to the grounds of Italy’s second-oldest golf course in the alpine village of Menaggio, overlooking Lake Como. This will be the Corinthia brand’s second property in Italy, following Corinthia Rome, and offer a rare, fully integrated resort in the iconic yet supply-constrained destination.

 

Plans for the Lake Como property include a world-class spa, wellness and dining experiences, and a lakefront club providing direct access to the water at the widest part of the lake. The resort will feature three branded residences, while public spaces will be curated across three villas housing the lobby, lounge, and golf club, – each framed to face the mountains and lake beyond. Guestrooms and suites will be discreetly nestled in the foothills of the pre-Alps, settled into the natural contours of the land.

 

The agreement was signed with RoundShield, the European private credit and tactical opportunities platform of Harrison Street, a leading global investment manager, which recently announced its acquisition of this 40-hectare property. The redevelopment and asset management will be carried out by Kervis SGR S.p.A. on behalf of the Putter Fund, which is fully invested and controlled by a RoundShield entity.

 

Construction is expected to begin following final planning approvals, with operations targeted for late 2028.

 

Stephen Bajada

Company Secretary

 

26 January 2026

 

19 January 2026, London: Orion Capital Managers (“Orion”), through its sponsored fund Orion European Real Estate Fund VI, has signed the fund’s first investment by entering into a framework agreement with International Hotel Investments Plc (“IHI”), owner of the Corinthia Hotels Group portfolio and brand, to acquire and own 72% of the five-star 517 key Corinthia Hotel Lisbon.

IHI, which currently owns 100% of the asset, will retain a 28% interest in the JV following completion and its subsidiary Corinthia Hotels Limited will continue to manage and operate the asset.

Corinthia Hotel Lisbon, the biggest five-star hotel in the city, just underwent a complete refurbishment to upgrade its 517 keys, 3,000 sqm award-winning spa, three restaurants to equally cater for business, leisure and MICE travellers.

Rami Badr, Partner, Orion, said:

“We are very pleased to build on our longstanding relationship with Corinthia by acquiring a majority stake in the landmark Corinthia Lisbon. This structured transaction, on a high quality asset with proven financial performance and significant upside potential, thanks to the strength of the Lisbon hospitality market and the just completed refurbishment, is a great example of the opportunities Fund VI is pursuing in today’s market.”

Simon Naudi, Chief Executive Officer, IHI, said:

“We are pleased to welcome Orion as a strategic partner and majority investor in our Lisbon hotel, in which we will continue to hold an interest and operate as a Corinthia Hotel. As owners, developers and operators of the Corinthia Hotels portfolio, we welcome this step to free up capital in support of the achievement of our goals on shareholder returns and brand growth worldwide.”

The investment marks the first deployment of capital from Orion European Real Estate Fund VI, which is targeting a final close at €1.5 billion. The acquisition reflects Orion’s conviction in investment into high-quality hospitality assets in prime European cities, as well as partnering with well-established brands, owners, and operators to realise long-term value.

Commenting on Orion European Real Estate Fund VI, Aref Lahham, Founding Partner, Orion, said:

“Our pan-European, sector-agnostic mandate allows us to identify opportunities across a wide range of sectors where we can create meaningful impact and capture alpha. Over the past 27 years we’ve built substantial expertise across multiple asset classes, enabling us to source and execute good value investments taking advantage of different sector cycles. This transaction reflects that philosophy, leveraging our experience in luxury hospitality to deliver a compelling first investment for Fund VI.”

The transaction is subject to a series of actions required to complete the financing and transfer of the hotel into the joint venture. Closing is expected to take place in the first half of 2026.