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Shangri-La Group Opens its First Traders Hotel in India

Chennai (April 26, 2005) - Asia Pacific's leading luxury hotel group,Shangri-La Hotels and Resorts, today opened its first hotel in India, the Traders Hotel, Chennai.  The group announced previously that it is developing more properties in India, including Shangri-La Hotel, New Delhi which will open mid 2005, and three new properties in Bangalore which willopen between August 2007 to December 2008.

"The opening of Traders Hotel, Chennai is a significant milestone marking the first entry into India for the Shangri-La group and particularly the Traders brand," said Giovanni Angelini, chief executive officer and managing director of Shangri-La Hotels and Resorts.  "We are excited to be represented in Chennai with its key position in India and strong links toSoutheast Asia.  This is an important progression of our expansion plan for the region."

Chennai is well known as "the jewelry and silk capital of south India." The Traders Hotel, Chennai is conveniently situated in the heart of the city, close to the shopping hub.  All 162 guestrooms, with a minimum size of 323 square feet, have data ports and broadband Internet connectivity. Amenities and services include 24-hour room service, same day laundry and valet, and satellite TV.  Located on the tenth to twelfth floor of the hotel, the Traders Club offers exclusive privileges and services such as express check-in and check-out, complimentary use of a meeting room, and a club lounge for daily breakfast and evening cocktails.

Dining and entertainment facilities include Seasons Café; Indiana, a contemporary Indian restaurant; Zodiac, the hotel bar; and a rooftop restaurant which will open in a second phase. Meeting and banquet facilities feature a 5,555-square-foot grand ballroom that can be divided into two rooms, as well as other banquet halls with a total space of 4,844 square feet.  Facilities such as business center, health club, massage rooms and swimming pool are also available.

"We are very excited to see the opening of Traders Hotel, Chennai, and we are certain the hotel will become an attractive choice for business and leisure travelers to this region," commented Dr. J. Sri Nisha, co-owner of J-Hotels Ltd., the developer and owner of Traders Hotel, Chennai.

"We selected Shangri-La to manage the hotel due to the strength of this award-winning brand and its long-standing reputation for delivering service excellence," said J. Sandeep Annand, Director of the J-Hotels Ltd.

About Shangri-La Hotels & Resorts

Hong Kong-based Shangri-La Hotels and Resorts currently manages 47 hotels under the Shangri-La and Traders Hotels brands, with a rooms inventory of over 21,000.  Traders Hotels are designed to satisfy the needs of the fast growing mid-market travel segment by offering a comprehensive range of facilities, and swift and friendly service, at competitive rates.  Traders Hotels offer executive floors and lounges, fitness facilities and business centers.  Introduced in 1989, Traders Hotels are located in Beijing, Dubai, Manila, Singapore, Shenyang, Yangon and Changzhou, with scheduled openings in Kunshan and Urumqi in mainland China, Kuala Lumpur in Malaysia and Bangalore in India.  In aggregate, the group has over 30 hotel projects under development in Canada, mainland China, India, Malaysia, Maldives, Mongolia, Oman, Philippines, Qatar, Thailand, the United Arab Emirates and the United Kingdom.  For more information and reservations, please contact a travel professional or access the website at www.tradershotels.com.



Contact:
Lori Lincoln
Director of Public Relations, North America
Shangri-La Hotels and Resorts
1501 Broadway, Ste 502
New York NY 10036
Telephone: (212) 382-3155
Fax: (212) 382-3329
Email: lori.lincoln@shangri-la.com
Website: www.tradershotels.com

Also See: Shangri-La Hotels and Resorts Signs 30 Year Agreement to Operate 195 room Shangri-La Hotel at London Bridge Tower; First New-build Five-star Hotel in the Central London In a Decade / February 2005

Adarsh Group Appoints Shangri-La Hotels and Resorts to Operate Three New Hotels in Bangalore, India / April 2005

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