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KSB Advises Corinthia Group on Corintiha Prague Hotel Lease

KSB Advises Corinthia Group on Corintiha Prague Hotel Lease

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Kocian Solc Balastik has advised the Corinthia Group on the long-term lease for the Corinthia Prague hotel with a company from the Czech Inn Holding group. FMK Florian Michalek Kvasnicka reportedly advised the counterparty.

The Corinthia Group is an international investment and development group operating luxury hotels and resorts in Europe and Africa.

The Czech Inn Holding group operates a hotel chain with more than 20 hotels in the Czech Republic and abroad.

According to KSB, "with 539 rooms, the Corinthia Prague building is one of the leading hotels in the Czech Republic and one of the largest properties in Prague."

Back in 2019, KSB advised the Corinthia Group on the sale of its Panorama Hotel Prague and adjoining land and property to Austrian developer S+B Gruppe (as reported by CEE Legal Matters on September 27, 2019).

The KSB team included Partners Jiri Hornik and Vaclav Rovensky and Lawyers Michal Hanus and Yelizaveta Volodina.

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