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International Hotel Investments Plc

Business and Financial Review Oct 25, 2024

2045_rns_2024-10-25_70b49531-b6fd-4983-8a07-d1d8a195d58f.pdf

Business and Financial Review

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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.

The Surrey, A Corinthia Hotel, New York

International Hotel Investments p.l.c. (IHI) announces that the iconic 5-star ultraluxury hotel The Surrey, A Corinthia Hotel, situated at New York's Upper East Side, has opened for business as of today, 25 October 2024.

The hotel is owned by Reuben Brothers, global leaders in real estate development and private equity, whilst Corinthia Hotels Limited, a wholly owned subsidiary of IHI, will manage the hotel property, a first in North America.

The property has been completely refurbished and transformed to encompass 70 guest rooms, 30 suites, and 14 private residences. The interiors have been meticulously curated by the renowned Martin Brudnizki Design Studios. The hotel will feature the first New York outpost of the renowned eatery and private members club Casa Tua and the tranquil Surrey Spa featuring Sisley Paris.

Stephen Bajada Company Secretary

25 October 2024

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