Barbados Debut for Le Meridien

. October 14, 2008

LONDON, UK, Setember 26, 2005. Global hotel group Le M'eridien Hotels & Resorts has signed an agreement with Pierhead Project Investors Inc. to manage a 200-bedroom hotel in Barbados. Part of a new luxury waterfront development at the Pierhead in Bridgetown, Le M'eridien Barbados is expected to open in 2010.

The five-star hotel, just 20 minutes from the airport, will be part of a mixed development project, which will also include 200 apartments, a 150-berth marina, tax-free shopping outlets, parking and a maritime museum.

According to Robert Riley, CEO of Le M'eridien, "Being part of this important new development, which will also offer a choice of leisure and business facilities, represents a fantastic opportunity for Le M'eridien. Currently there is a limited presence of international hotel brands on the island and we are delighted to have this opportunity to establish a Le M'eridien hotel in Barbados."

When completed, Le M'eridien Barbados will offer banqueting for 500 guests, a marina restaurant, beach-side pool terrace and bar, health & fitness club, roof top bar, pool and dedicated parking.

A spokesman for Pierhead Project Investors said, "We look forward to working with Le M'eridien. We believe that their European heritage and worldwide marketing expertise are two key elements that will provide guests with the hospitality and service standards needed to make the hotel a successful part of this exciting new project."

London-based Le M'eridien is a global hotel group with a portfolio of more than 130 luxury and upscale hotels in 56 countries worldwide. The majority of its properties are located in the world's top cities and resorts throughout Europe, the Americas, Asia Pacific, Africa and the Middle East. The company also enjoys a strategic alliance with JAL-owned Nikko Hotels, providing loyal guests access to an additional 46 properties around the world. In the 2005 Luxury Brand Status Index survey Le M'eridien was recognised as one of the top 15 luxury hotel brands.

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