Corinthia Group, Kuwait’s Action Real Estate acquire two boutique hotels in Beverly Hills

USA/KUWAIT – Corinthia Group has partnered with Kuwait-based Action Real Estate Company to acquire two boutique hotel properties totaling 100 keys in a prime Beverly Hills location, expanding its real estate and hospitality footprint across Europe, the Middle East, Africa, and the US.

Corinthia Group, operating globally under International Hotel Investments (IHI), has expanded its luxury real estate portfolio with the acquisition of the Maison and Mosaic Hotels in Beverly Hills.

The purchase was made through Action Corinthia, a joint venture in which IHI holds a minority stake.

This strategic move strengthens Corinthia’s presence in one of the world’s most prestigious hospitality markets, reinforcing its commitment to high-end developments.

The two hotels will continue to operate under their existing branding in the immediate term, managed by Los Angeles-based hospitality specialist Palisociety.

Oversight will be provided by Corinthia Real Estate Ventures (C-REV), the company’s development arm, led by Managing Partners Marcus Pisani and Alex Chazkel.

C-REV will also be responsible for asset management and identifying opportunities for future enhancements to maximize value and elevate guest experiences.

Corinthia Group CEO Simon Naudi described the acquisition as a significant advancement, highlighting Beverly Hills’ reputation as a top-tier hospitality destination.

He emphasized Corinthia’s focus on introducing luxury products and services that will enhance the area while strengthening the brand’s global position.

The company’s long-term strategy involves integrating its signature approach to upscale hospitality, ensuring that the properties align with Corinthia’s standards of excellence.

Sheikh Mubarak A. M. Al Sabah, Chairman of Action Real Estate Company, stated that entering the Beverly Hills market marks a major milestone in the partnership with Corinthia.

He noted that Action Real Estate has a strong history of investing in high-value hospitality and real estate ventures across Europe, the Middle East, and Asia Pacific.

Expanding into the United States, he added, represents a strategic progression in the company’s growth and innovation plans.

This acquisition aligns with Corinthia’s broader strategy of expanding into key global markets, ensuring its continued influence in luxury hospitality.

With a focus on delivering world-class service and sophisticated accommodations, the group remains dedicated to elevating industry standards while catering to discerning travelers worldwide.

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