US, Kuwait, Belgium, And UAE Power A New Era In Luxury Hospitality As Corinthia Group Expands Its Global Presence

Wednesday, March 19, 2025

Corinthia Group and Kuwait’s Action Real Estate expand into Beverly Hills with the acquisition of two luxury boutique hotels, strengthening their global presence.

March 2025 Update – Corinthia Group, in collaboration with Kuwait’s Action Real Estate Company, has officially completed the acquisition of two prestigious boutique hotels in Beverly Hills, marking a significant milestone in their global expansion strategy. The newly acquired properties, Maison and Mosaic Hotels, will continue operating under their current brand identity, offering an exclusive hospitality experience in one of the world’s most coveted locations.

Corinthia Expands North American Presence

This acquisition strengthens Corinthia’s growing presence in the North American luxury market. It follows the group’s grand reopening of The Surrey, A Corinthia Hotel in New York, which has quickly gained recognition as a premier destination on Manhattan’s Upper East Side. With this latest move into Beverly Hills, Corinthia is strategically positioning itself as a leader in high-end hospitality across key U.S. markets.

Future Plans and Strategic Oversight

The properties will remain under the management of Los Angeles-based hospitality group Palisociety, with Corinthia Real Estate Ventures (C-REV) overseeing asset management and long-term value enhancement strategies. Managing Partners Marcus Pisani and Alex Chazkel are leading efforts to explore new investment opportunities while maintaining the boutique hotels’ renowned luxury and personalized service.

Commitment to Global Expansion

Beyond the U.S., Corinthia is making waves in the international luxury sector. The company recently completed the €150 million restoration of Grand Hotel Astoria in Brussels and has announced plans to oversee the development of an ultra-luxurious 102-story hotel and residential tower in Dubai. These projects underscore Corinthia’s ambition to redefine luxury hospitality on a global scale.

With its latest expansion in Beverly Hills, Corinthia continues to solidify its reputation as a powerhouse in the world of premium hospitality, setting the stage for further high-profile acquisitions in the future.