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Corinthia Grand Hotel Royal voted Budapest's "Best Luxury" hotel among top Europe and world hotels by TripAdvisor

Corinthia Grand Hotel Royal voted Budapest's "Best Luxury" hotel among top Europe and world hotels by TripAdvisor (Forimmediaterelease.net) CHI Hotels&Resorts (CHI) announced that its superior five-star Corinthia Grand Hotel Royal, a Wyndham Grand Collection hotel, has been voted ‘Best Luxury’ hotel in Budapest, Hungary and among the ‘Best Service Europe Top 20’ and ‘Best Hotels in the Top 25 World Cities’ by the leading TripAdvisor® Travelers' Choice™ awards 2009.

Winners for the 2009 awards were determined by a combination of TripAdvisor's Popularity Index and traveler ratings of specific attributes. TripAdvisor's Popularity Index is a system that determines traveler satisfaction based on a variety of sources, including TripAdvisor hotel reviews and travel articles and opinions from across the web. The hotel review process also allows travelers to ‘grade’ hotels based on a variety of attributes, including cleanliness, value, and suitability for specific types of travelers. The Travelers' Choice awards, the only honors representing the unbiased opinions of millions of travelers, are among the most coveted awards in the global hotel industry.

“We are absolutely delighted with the result,” said CHI Hotels&Resorts’ CEO and managing director Tony Potter. “This jewel of a hotel has been collecting accolades ever since it opened its doors in 2002, when it immediately won Europe’s ‘Best Hotel Architecture Award’ and later the International ‘Five-Star Diamond Award’ for its commitment to excellence in luxury amenities and top quality services. The hotel is now also on the privileged list of ‘The Most Famous Hotels in the World.’ The TripAdvisor recognition is of particular significance as the awards are based primarily on guests’ experience and expectations. The fact that we not only matched, but even surpassed, last year’s performance on the Tripadvisor awards, reflects our commitment to maintain the highest standards of luxury and services possible in all our hotels. This latest award, and the fact that the property is a Wyndham Grand Collection hotel, promise a great future for this flagship property, as well as for the luxury Corinthia brand, whose portfolio will next year be boosted with new properties we are currently developing in Sharm El Sheikh and London."

The Corinthia Hotel Budapest is a member of the newly-repositioned, upper-luxury Corinthia Hotels brand and of The Wyndham Grand Collection. The hotel was painstakingly restored through the personal initiative of Corinthia Hotels’ founder and the owning company’s (IHI) chairman and chief executive officer Mr. Alfred Pisani and is a faithful reconstruction of the 110-year-old Grand Hotel Royal. It is owned by Malta-based International Hotel Investments plc (IHI) and managed by CHI Hotels&Resorts, a hotel operating company that is a joint venture between IHI and Wyndham Hotel Group. Among its many amenities, the Hotel features a majestic ballroom and a unique ‘Royal Spa’ - an extensive Euro 4 million renovation of an original 19th century spa that has once again regained its rightful place as Budapest’s most luxurious and imposing Spa facility.

About CHI Hotels&Resorts

Based in Malta, CHI Hotels&Resorts (CHI) is a leading hands-on hotel management company that provides the full range of technical assistance and management services to hotel owners worldwide. CHI is the exclusive operator and developer for the luxury Corinthia Hotels brand, as well as the Wyndham and Ramada Plaza brands in Europe, Africa, and the Middle East.

CHI draws on a heritage of over 45 years in delivering high-quality services to hotel guests and an optimum rate of return to owners and investors in diverse business environments. Our experience across our three brands extends to management of luxury and upscale properties in city and resort locations and products ranging from boutique to conference and spa hotels. CHI also operates various restaurants under brands such as ‘Rickshaw’ and has its own spa division. CHI Hotels&Resorts is a joint venture between International Hotel Investments plc (IHI) – 70 percent and The Wyndham Hotel Group (WHG) – 30 percent.

About Corinthia Hotels

Corinthia Hotels is an internationally-acclaimed brand of luxury hotels in the Czech Republic, Hungary, Libya, Malta, Portugal, and Russia. Founded by the Pisani family of Malta in the 1960s, the Corinthia brand stands in that proud tradition of Mediterranean hospitality and its signature services communicate the ‘Warm smiles, Inspired Flavors, and Pleasant Surprises’ of its Maltese heritage. All Corinthia hotels feature state-of-the art conference areas, extensive leisure and business traveler facilities, and are each renowned for their uniqueness of character.

Corinthia Hotels’ portfolio features award-winning properties that include the Corinthia Grand Hotel Royal in Budapest, Hungary and the Corinthia Hotel Prague in the Czech Republic. The Corinthia Hotels portfolio also features the elegant Corinthia Palace Hotel and Spa and the splendid Corinthia Hotel St. Georges Bay in Malta; the superior five-star Corinthia Bab Africa Hotel in Tripoli, Libya; the modern Corinthia Hotel Lisbon in Portugal; and the renowned Corinthia Nevskij Palace Hotel in St. Petersburg, Russia. The Corinthia Hotels brand is associated with the ‘Wyndham Grand Collection’ tier of upscale hotels worldwide. For more information, visit www.corinthia.com .

About Wyndham Grand Collection

The Wyndham Grand Collection is an ensemble of elegant, one-of-a-kind hotels within the Wyndham Hotels and Resorts brand aimed at guests looking for unique experiences in distinctive destinations around the world including London, St. Petersburg, Prague, Budapest, and Malta.

Wyndham Hotels and Resorts, a subsidiary of Wyndham Worldwide Corporation, offers upscale hotel and resort accommodations throughout the United States, Canada, Europe, Mexico, and the Caribbean. All hotels are either franchised or managed by Wyndham Hotels and Resorts or an affiliate. For more information, visit www.wyndhamworldwide.com .

MANUEL BRIFFA Phone: +356 2551 1146 Fax: +356 2123 9732 Email:mbriffa@corinthia.com

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