Corinthia Hotels announced the acquisition of the Hotel Astoria in Brussels. This part-listed, trophy property has stood vacant for 10 years, but will now be fully refurbished as the city’s leading luxury hotel, branded the Corinthia Grand Hotel Astoria, hospitalitynet.org reports.
The Corinthia Grand Hotel Astoria will comprise 121 bedrooms and suites, as well as extensive banqueting, dining and spa facilities.
Situated in a prime location on Rue Royale in the heart of the city, the hotel was built in 1909 at the request of King Leopold II. It was for many years considered to be among the world’s finest luxury hotels and has welcomed a number of illustrious guests during the course of its history including former British Prime Minister Sir Winston Churchill and former US President Dwight Eisenhower.
Corinthia is committed to restoring the property, which has been vacant for the past decade, to its former glory.
Restoring buildings of historical value
Corinthia chairman Alfred Pisani said: “We have earned an unparalleled reputation for restoring buildings of historical value and turning them into luxury hotels. The Corinthia Grand Hotel Astoria will be no exception.
“We aim to make this hotel the best in Brussels – committing the same passion and attention to detail as we have done with our hotel redevelopments in London, Budapest, St Petersburg and other major cities. We have full confidence in the city and are proud to have acquired such a gem in the heart of Europe.”
The Corinthia Grand Hotel Astoria’s fa?ade and ground floor enjoy listed protection status, though the upper bedroom floors are currently stripped down to brick work awaiting full reconstruction. The property also includes adjoining land upon which the current structure will be extended. Works shall commence once all designs are completed.
Further luxury hotel projects are expected to be announced in the coming weeks to complement Corinthia’s growing portfolio of luxury hotels in prime locations.
ABOUT CORINTHIA HOTELS
Corinthia is a collection of hotels founded by the Pisani family of Malta. We are in our 50th year of business and growing. Corinthia is a family-inspired business, with family values underpinning the Spirit of Corinthia, meaning that we look out for one another, support one another and positively encourage one another. As a hotel business, we focus on giving honest, discreet service. We see ourselves as craftsmen in the world of hospitality, valuing authenticity, passion, precision and understanding. Each of the hotels and resorts we have created in some of the most exciting places in the world is a tribute to local architecture and cultural traditions. The Corinthia portfolio includes the newly-opened flagship Corinthia Hotel in London, as well as award-winning Corinthia Hotels in Budapest, Malta, Prague, St Petersburg, Tripoli, Lisbon and Khartoum.
Corinthia Hotels is owned by International Hotel Investments (IHI), a publicly-traded company in Malta. CHI Hotels & Resorts Limited is a wholly-owned member of the IHI Group which manages Corinthia Hotels. For more information, please visit www.corinthia.com.
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