Chinese and Indian officials attending the G8 summit held over the weekend in St Petersburg, Russia were guests of the Corinthia Nevskij Palace Hotel, owned by International Hotel Investments plc.

China and India were special invitees at the summit.

The Chinese delegation was headed by President Hu Jintao. India's Prime Minister Singh Manmohan led his country's delegation.

They were welcomed at the hotel by general manager Gerold Held.

Already one of St Petersburg's leading five-star hotels, the Corinthia Nevskij Palace Hotel is set to undergo a major extension and refurbishment project costing some €75 million, turning it into the city's most prestigious hotel.

The project was announced last week by IHI chairman Alfred Pisani at a foundation stone laying ceremony at the hotel, attended by Valentina Matvienko, Governor of St Petersburg, a former Russian Ambassador to Malta.

IHI is a public company based in Malta with hotel investments in Lisbon, Malta, Budapest and St Petersburg. The company's hotels are operated by Corinthia Hotels International, an associate company of IHI that operates 20 four- and five-star city and resort hotels in Belgium, the Czech Republic, Hungary, Libya, Malta, Portugal, Russia, The Gambia, Togo, Tunisia and Turkey.

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