Invest.
commission-free.
Offer is for a limited time only. Terms & Conditions Apply.
MeDirect Bank (Malta) plc, company registration number C34125,
is licensed to undertake the business of banking in terms of
the Banking Act (Cap. 371) and investment services under the
Investment Services Act (Cap. 370).
2557 4400
info@medirect.com.mt
Ready to get started?
€1.50
THURSDAY 21 APRIL 2022 • ISSUE 152
WWW.BUSINESSTODAY.COM.MT
INTERVIEW PAGE 5
PAGE 7
PAGE 3
Corinthia to target 4-star
space under new brand
to be launched by 2023
Netflix to
introduce ads
and password-
sharing charges
New era for
National Lottery
of Malta
STAR PERFORMER MSE FTSE 100
EUR EXCHANGE RATES
Trading Date: 20 Apr 2022
Number of Trades: 84
Turnover: €700,560.66
MSE TRX Index: 7,433.237
(Change: -1.024%)
Name 4.8% MMHF PLC
MT0001241208 - Currency €
Last Traded 20 Apr, 2022
Price 101.790
Change 1.760
US Dollar 1.0858
British Pound: 0.83184
Japanese Yen: 138.74
Australian Dollar: 1.4568
Swiss Franc: 1.0283
7,629.22
27.94
7,637.87 / 7,590.62
Value
Net variation
High / Low
0.37%
PAUL COCKS
INTERNATIONAL Hotel In-
vestments Group, which includes
the Corinthia Hotels, is setting
up a separate brand to operate in
the 4-star tourism space.
In its annual report and financial
reports for 2021, published on
Wednesday, Group CEO Simon
Naudi noted that the company
directly owns or manages for
others, several hotels, not brand-
ed as five-star luxury Corinthia,
for which it now wants to secure
a long-term in-house marketing
and branding strategy.
e Group
reported €129.3
million in revenues
for 2021, just under
half of the revenue
in 2019
The Corinthia in London ended 2021 with a gross operating profit of €18.5 million
