On 19 July 2021, International Hotel Investments plc announced that it submitted plans to build a low-lying, highly landscaped resort on the 83,000 sqm site currently occupied by the disused Hal-Ferh Holiday Complex. The development will comprise a top-tier 5-star hotel having 162 keys as well as 25 hotel-serviced residences.
The proposed resort and residences will be low-density, rising to one and two storeys, and will pay homage to traditional Maltese architecture interpreted in a contemporary style. IHI intends to ensure that the project is a showcase for best practices in sustainability and environmental sensitivity.
Commenting on the proposed development, IHI Chairman Mr Alfred Pisani said: “We are very excited about this new resort. We will create a world class product that matches all that we are doing as a brand globally in the luxury sector. We are aiming at setting a new benchmark for the island. As we emerge from the most challenging period ever faced by our industry worldwide, our investment reaffirms Corinthia’s strong commitment and belief in Malta, our home country.”