The new agreement, comprising 21 articles, covers more than 140 employees at the grand historic hotel located in the capital city. It outlines the relationship between the management and staff, the rights and obligations of each party and the local welfare benefits that each worker is entitled to during the term of the agreement which is effective until 30 April 2005. 

The aim of this Collective Bargaining Agreement is to strengthen the working partnership between the management and workers at Raffles Hotel Le Royal, prevent future labour disputes and ensure that the benefits of both parties are protected.

Mr Ya Kanaol, Chairman of the newly elected Employees� Committee, said, �I feel that this agreement gives good benefits to all staff and promotes good relationship with the Company.� 

Mr Stephan Gnaegi, General Manager of Raffles Hotel Le Royal, added, �This Collective Bargaining Agreement is a positive step towards an amicable working partnership between management and staff at the hotel. It reinforces the shared aspiration to move forward towards a successful future.�

The new representatives of the Employees� Committee at Raffles Hotel Le Royal were elected by a strong majority of 72 percent on 29 April 2004. In accordance with Cambodian law, the names of the workers� representatives have been registered with the Cambodian Ministry of Social Affair�s Vocational Training and Youth Rehabilitation division. 

Raffles Hotels & Resorts is a collection of 12 luxury hotels located in major cities around the globe and distinguishes itself by the highest standards of products and services. Each hotel is a landmark in its respective city and most are positioned at the top of their local markets. The collection of award-winning hotels includes Raffles Hotel and Raffles The Plaza in Singapore, Raffles L�Ermitage Beverly Hills in the US, Raffles Hotel Vier Jahreszeiten, Hamburg and Raffles Le Montreux Palace, Montreux. The latest addition to the portfolio is Raffles Resort Canouan Island, The Grenadines. Set in the heart of the Caribbean, this luxury resort will be launched on 15 July 2004.