Viceroy Hotel Group Denies Allegations of Recent Lawsuit

LOS ANGELES, CA. September 19, 2017 - On September 7, 2017, entities affiliated with Kabir Mulchandani, a resident of the United Arab Emirates, filed a baseless lawsuit against Viceroy Hotel Group in Los Angeles. The lawsuit cites a consultant report dated in August to justify the wrongful ouster of Viceroy as the manager of the Viceroy Palm Jumeirah Hotel two months earlier. Viceroy explicitly denies the allegations in the lawsuit and the consultant report, and is confident the legal process will demonstrate the falsity of both.

Viceroy and its management honored the terms of the hotel management contract with Mr. Mulchandani and his group at all times, including the time leading up to their expulsion from the property on 19 June 2017. Three days later the Dubai International Financial Center (DIFC) Courts reinstated Viceroy as manager of the Viceroy Palm Jumeirah in Dubai without further notice and Mr. Mulchandani and his group remain subject to that comprehensive injunction.

Viceroy will continue to seek enforcement of the DIFC injunction and will vigorously defend itself against these false allegations. Viceroy will also aggressively pursue all remedies available to it.

About Viceroy Hotel Group

Viceroy Hotel Group inspires travelers with one-of-a-kind authentic lifestyle experiences that bring together provocative design and intuitive service in sought-after locations. A leader in modern luxury, Viceroy's vibe-led hospitality is guided by the brand promise "Remember to Live," an affirmation to create lifelong memories for each and every guest. Viceroy destinations are segmented into three distinct portfolio tiers to help travelers find exactly the kind of experience they're looking for. The Viceroy Icon Collection properties include epic hotels and resorts in Chicago, Dubai, Abu Dhabi, Beverly Hills, Riviera Maya, Snowmass, and St. Lucia, with forthcoming openings in Algarve, Buenos Aires, Istanbul, Panama, Cartagena, and Vietnam. The Viceroy Lifestyle Series hotels and resorts are found in attitude-led destinations including New York and Santa Monica, with a forthcoming opening in Serbia. The Urban Retreat Collection properties in San Francisco and New York have an independent spirit and bold, eccentric personalities. Viceroy Hotel Group is a member of the Global Hotel Alliance (GHA) DISCOVERY, a unique loyalty program offering exclusive benefits and experiences to its members at over 550 hotels around the world. For more information, visit www.viceroyhotelsandresorts.com.

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