On 17 March 2025, International Hotel Investments p.l.c. (“IHI”) announced that through a joint venture company with the Action Real Estate Company of Kuwait, it has successfully acquired two neighbouring hotels in a prime location in Beverly Hills, Los Angeles, in California, the USA.
The hotels, which offer 100 bedrooms, will undergo a refurbishment. In the immediate term, they will continue to be operated under their existing branding as the Maison and Mosaic Hotels, with local specialist operator Palisociety coming on board under the supervision and asset management services provided by IHI.
Important Information:
This news article is intended for the general public and is for information purposes only. The contents of the article should not be construed as investment advice or an offer or agreement to buy or sell investments.
M.Z. Investment Services Limited of 63, MZ House, St Rita Street, Rabat RBT 1523, Malta, is regulated by the Malta Financial Services Authority and licensed to conduct investment services business in terms of the Investment Services Act (Cap. 370 of the Laws of Malta).