International Hotel Investments plc - New Corinthia Hotel in Doha

On 2 March 2020, International Hotel Investments plc (“IHI”) announced that its operating arm, Corinthia Hotels Limited, entered into an agreement with United Development Company (“UDC”), the Qatari master developer of ‘The Pearl’ in Doha, to manage and operate a luxury Corinthia hotel which will be built on UDC’s newest flagship real estate development, Gewan Island.

The Corinthia Doha hotel is to be built on a site with an area of 13,000 sqm and will feature 110 guestrooms, a 1000-person banquet hall, several restaurants and a luxurious spa facility. The same development will also include luxury villas, a golf course and a beach club, which will all be managed by the Corinthia Hotel.