HPL to Manage 2nd Resort in the Maldives

. October 14, 2008

SINGAPORE, MArch 8m 2007. HPL Hotels & Resorts today announced that it will manage a new resort in the Maldives. Scheduled to start operations in the 1st quarter of 2008, Kandooma Beach Resort will be the second HPL Hotels & Resorts - managed property in the Maldives and the fourth owned by the HPL Group at the destination.

Featuring 160 villas of various categories, ranging from garden and beach villas to sea front duplex and water villas, including one Royal Water Villa, accommodation at the resort will be fresh and contemporary in appearance with clean lines and minimal clutter, while retaining the warmth of natural wood finishes.

Recreational facilities on the island will include several restaurants and bars, a spa and gym, a swimming pool with Jacuzzi, a books-music-movies library, a football field, a retail shop, Internet stations, a diving school & seaports centre, and a picnic island located five minutes away by speedboat.

According to Ms Karen Chan, Marketing Communications Manager for HPL Hotels & Resorts, the company, which has been operating in the Maldives for several years, has acquired a good understanding of the Maldivian market and sees an unfilled demand for the provision of an affordable, contemporary luxury experience without going overboard on expensive services that may go unnoticed.

"We see our market as wanting to come away richer, not only in relaxation and rest, but also in knowledge and experience," commented Ms Chan. "Hence, Kandooma Beach Resort will be conceptualised to provide guests with an experience that seeks to make their holiday uniquely Maldivian by focussing on the delivery and enhancement of the natural beauty of the environment."

Kandooma Island is located in South Male Atoll, about 35km from Male International Airport, and can be reached by a 30-minute speedboat ride.

HPL Hotels & Resorts also manages Rihiveli Beach Resort, which features 48 individual thatched-roof bungalows set on a pristine island, also located in South Male Atoll.

Headquartered in Singapore, HPL Hotels & Resorts is a hospitality management company, operated and wholly owned by Singapore main-board listed, Hotel Properties Limited (HPL). The HPL Group has interests in 22 properties in 8 countries with over 4,900 rooms.

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