The 388-room five-star Corinthia Hotel St Petersburg was acquired by IHI in January 2002. The hotel is located on the city’s main boulevard Nevsky Prospect and features a range of Russian and international restaurants and extensive conference facilities. In 2009 the property was expanded by developing two large adjacent sites on either side of the hotel, also acquired by IHI. One includes additional executive bedrooms and a convention centre. The second building comprises a 15,000m² mixed-use commercial centre, featuring a retail mall and offices for rent.
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