IHI is the parent company of 3 companies – Corinthia Hotels Limited – CHL, QP Limited, and Corinthia Developments International (CDI). Corinthia Hotels Limited (CHL) operates 18 hotels on three continents, 12 of which are Corinthia Brand hotels. Two new hotels are under development – in Brussels and Dubai – and will open in 2020. In addition to hotel operations and ownership, IHI derives rental income from commercial, office and residential real estate in Budapest, London, St Petersburg and Tripoli. QP Limited – a professional services firm that provides design, engineering and management solutions in the built environment; and Corinthia Caterers – a venue and event catering business, that acts as the franchise partner for Costa Coffee Malta, and Costa Coffee Spain. IHI also owns significant land for future development in the Czech Republic, Hungary, Libya and Malta. Corinthia Developments International (CDI), a wholly-owned subsidiary of IHI which originates and executes investments in real estate anchored by hotels and which are financed by third parties. CDI is currently engaged in securing investment, and planning development projects in Cannes, Malta, New York and Moscow. With a capital of €615 million and an asset valuation of €1.6 billion in the year 2018 all the Board members of Directors focus to establish Corinthia Hotels as a global luxury hotel brand in various countries around the world.