Grand Park Hotel Kunming Acquired

. October 14, 2008

DECEMBER 19, 2007. Singapore-based Park Hotel Group celebrates the start of the Group's expansion in China, with a successful acquisition of Harbour Plaza Kunming and Sheraton Wuxi Hotel and Towers in 2007. Harbour Plaza Kunming has since been renamed Grand Park Hotel Kunming, inline with the Park Hotel Group's branding, and will continue to serve as one of the best 5-star business and leisure hotel in Kunming city. With these new additions, Park Hotel Group has yet again progressed on her pursuit to the accrual of hotels within the region and beyond, and also sets herself to be a leading hospitality brand in Asia Pacific.

To celebrate this milestone on the Park Hotel Group's calendar, a gala dinner will be held on 17 December 2007 at Grand Park Hotel Kunming, for the local governor, distinguished guests and management of the Group. A special programme has been lined up for the evening and the highlights include the Asian Welcome Dance, Russian Dance and a special Monkey God Performance to usher in the Olympic Games 2008. This night of cuisine, song and dance will definitely be a night to remember for all invited.

Says Mr Allen Law, Park Hotel Group's Director, "We are delighted to expand our hotel operations to China, starting with Grand Park Hotel Kunming. We are looking forward to a wonderful partnership of local and foreign counterparts and a platform for an exchange of skills, tapping on our good mix of human resources with international experience. We are pleased to be able to showcase what we are best known for; a hospitality experience that would be memorable and distinctively different."

After this momentous event, Park Hotel Group will be launching her second hotel in Wuxi, Jiangsu, China in early 2008.

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