Niro Investment Group's first major international investment in the hospitality industry is the development of a luxury resort in the Maldives, in partnership with a prestigious international operator.

The Luxury Resort in Maldives will consist in four different resorts will be developed in the same lagoon. The lagoon will have 4 islands with white sand beaches with a total length of over 6 km, bordered by palm trees and lush vegetation.

The first island will be dedicated to tourists traveling with family and friends, with a more active atmosphere and facilities for all ages.

The second island will be dedicated to adults, and it is meant to be the perfect backdrop to your private escape or romantic surprise in an authentic and memorable experience.

The third island is to be a truly private and exclusive retreat.

The fourth island is dedicated exclusively to F&B outlets and luxury events.

The charming Kaafu Atoll lagoon is only 15 minutes by boat from Velana International Airport. Emerging in this New Maldivian Paradise will be extremely comfortable.

The large project was started this year and will be completed in 2025.

Located in the heart of Bucharest, at the crossroad between Calea Victoriei and Elisabeta Boulevard, the building of the oldest hotel in Bucharest was built in 1867 and it is listed by the Ministry of Culture among the A Class Historic and Architectural Monuments. Throughout history the former Grand Hotel du Boulevard has represented the epicenter of all socially fashionable activities. At present, the building is undergoing refurbishment to meet the standards of the international luxury hotel chain Corinthia.

Founded in 1962 by the Maltese family Pisani, the Corinthia brand stands for luxury in international hospitality. Beginning with 2000, Corinthia has become a listed company with more divisions, based on the values of the family and being inspired by the fundamental principles of Corinthia spirit.

The attributes of the Corinthia brand are relevant to the Corinthia Grand Hotel Du Boulevard Bucharest and will reflect the incredible exclusiveness of creating a truly unique position on the local market, by combining extraordinary elements to make this ultra luxury Boutique Hotel distinct, special and relevant in Bucharest.

Corinthia Grand Hotel du Boulevard Bucharest is to be positioned at the top of the hotel market and will provide an unique offer for Bucharest visitors.

Corinthia Hotels operates 21 hotels on three continents, of which 15 are luxury hotels of the Corinthia brand. Six new hotels are being developed in Brussels, Rome, Bucharest, Moscow, Doha and New York.

With over 8,500 sqm built, Corinthia Grand Hotel Boulevard includes 30 luxury apartments, ballroom, meeting space, Lounge Bar, Japanese restaurant, brasserie, private members’ Club and SPA.

Corinthia Grand Hotel Boulevard will open in 2024.

For more details: https://www.corinthia.com/bucharest/ | https://www.corinthiagroup.com/property/corinthia-grand-hotel-du-boulevard-bucharest/ | http://ihiplc.com

October 2018 marks the beginning of the construction of Swissôtel Bucharest, a new NIRO Investment Group branded hotel project.

Swissôtel is a premium hotel brand, part of the Accor group, being brought to the Romanian market for the first time by NIRO Investment Group.

Accor Hotels is one of the largest hospitality group in the world operating in 110 countries, with more than 36 hotel brands, 5,100 establishments and more than 704,000 rooms. Swissotel brand is the best fit for this project, as this flagship brand has the right business/upscale ratio that is not present on today’s Bucharest hotel market.

Located on Expoziţiei Boulevard, the building is only 10 minutes’ drive from “Henri Coandă” International Airport and very close to lots of business headquarters, including Romexpo, the largest exhibition and event centre in Romania.

Swissôtel Bucharest has 224 rooms, 2 restaurants, one of which is rooftop located, with an exceptional panoramic view of the city, bars and lounge area, swimming pool located on the 22nd floor, spa & fitness facilities and a business meetings and corporate events area.

The building that will accommodate the highest hotel in Bucharest is 85 m high, has 27 floors and a total built area of about 30,000 square meters.

Swissôtel Bucharest will be launched in 2025.