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MSE declines on lower turnover

The MSE Equity Total Return Index (MSE) closed the week in the red, with a 1.3% decline to finish the week at 7,997.717 points. Tourism sensitive sectors and banks led the way lower, as International Hotel Investments (IHI), Malta International Airport plc (MIA) and the two major banks’ shares declined. Turnover declined sharply to €0.3m from €1.5m the previous week. Seventeen equities were active, as nine declined and another five gained. The MSE is down by 5.6% since the beginning of the year. IHI shares declined by nearly 14%, as the equity finished the week at €0.57, a level last seen in the beginning of April.

CHI Hotels & Resorts to open its first Sharm el Sheikh hotel in July

CHI Hotels & Resorts to open its first Sharm el Sheikh hotel in July June 12, 2009 Malta-based CHI Hotels & Resorts (CHI) will open its newly-built 351-room “Tiran Hotel,” as part of the Corinthia Beach Resort Sharm el Sheikh in Egypt, on July 1 of this year. Malta-based CHI Hotels & Resorts (CHI) will open its newly-built 351-room “Tiran Hotel,” as part of the Corinthia Beach Resort Sharm el Sheikh in Egypt, on July 1 of this year. The property is owned by Mr. Abdulhafiz Ali Mansouri’s Cyrene Tourism Investment Corporation of Egypt. Situated in one of Sharm’s finest locations in the heart of Montazah, the resort is able to offer an outstanding vacation, diving, and conference experience. The luxurious four-star Tiran Hotel features 351 rooms and suites with sea and mountain views, two restaurants – including an Indian specialty restaurant, three bars, an extensive landscaped outdoor pool and children’s pool, a kid’s club, an amphitheatre, a business center, an

Corinthia Hotel London GM speaks at Luxury Marketing Council in New York

Corinthia Hotel London GM speaks at Luxury Marketing Council in New York October 1, 2012 NEW YORK, New York – Matthew Dixon, General Manager of one of London’s newest award-winning luxury properties, Corinthia Hotel London, was a featured speaker at a Luxury Marketing Council (LMC) even NEW YORK, New York – Matthew Dixon, General Manager of one of London’s newest award-winning luxury properties, Corinthia Hotel London, was a featured speaker at a Luxury Marketing Council (LMC) event held at Haworth on September 12 in New York City. According to LMC Founder and Chairman, Gregory J. Furman, Mr. Dixon gave one of the most compelling presentations on customer service in the 18-year history of The Luxury Marketing Council: “An Exploration of How Best Luxury Brands ‘Surprise and Delight’ Their Best Customers.”

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