International Hotel Investments plc - Update on Corinthia Hotel Tripoli

On 4 September, International Hotel Investments plc (IHI) confirmed that the Corinthia Hotel in Tripoli continued operating throughout the crisis in Libya albeit on a limited volume of occupancy. More importantly, the Tripoli Hotel is now restoring its services to a normal level as a result of the increased normalisation of conditions in Tripoli as well as a sharp increase in the demand for its services.

The Directors of IHI explained that the Group is taking all the necessary security measures to ensure the safety of its employees and clients and to preserve the integrity of its property. Moreover, IHI reiterated that it will continue with its investment in Libya and actively participate in its economic future.