Greenfield Property Holdings Ltd. Signs Raffles Hotels
to Operate a 100 room Resort on Tortola, British Virgin
SINGAPORE, June 11, 2007 - Raffles Hotels & Resorts has signed an
agreement with Greenfield Property Holdings Limited to manage a new luxury
resort and residence, Raffles Tortola, in the British Virgin Islands. Set
on 50 acres of pristine beachfront property at the northeastern end of
Tortola, Raffles Tortola will offer residents a secluded half-mile white
sand beach and sweeping views of the shimmering Caribbean Sea.
Residents at Raffles Tortola, scheduled to open in 2010, can look forward
to an elegantly appointed 100-room resort exuding the intimate, residential
feel that distinguishes Raffles hotels and resorts across the globe. Located
in this picturesque backdrop as well are 250 Raffles Residences of luxury
villas, casitas, condominiums and estate lots available for ownership.
In addition, residents will have a choice of four restaurants and bars
offering an innovative and varied selection of cuisine and cocktails. Three
swimming pools, a fitness centre and two beach clubs provide an extensive
range of leisure activities at Raffles Tortola. The resort also features
5,000 square feet of meeting space for conferences, as well as corporate
and social events.
Raffles Tortola will also bear another signature component of Raffles
hotels and resorts found around the world - RafflesAmrita Spa. Ancient
Sanskrit legend has it that 'Amrita' was the magical elixir of youth sought
by deities. RafflesAmrita Spa at Raffles Hotel and Raffles The Plaza in
Singapore, as well as Raffles Resort Canouan Island in The Grenadines have
all been acknowledged as best spa in their respective destinations. At
Raffles Tortola, RafflesAmrita Spa will occupy an expansive 15,000 square
feet, offering residents hours of pampering in an oasis of calm and luxury.
Raffles Tortola is only 10 minutes from Beef Island Airport and 15
minutes from Road Town, capital of the British Virgin Islands. Connections
to Beef Island Airport are available through several Caribbean airports
including San Juan, St Thomas, Antigua, St Kitts or St Martin.
Said Dr. the Honourable D. Orlando Smith, Chief Minister and Minister
of Tourism of the British Virgin Islands, "The British Virgin Islands has
long been able to offer world class accommodations, however, Raffles will
bring to Tortola a degree of luxury which is truly first rate and world
class. The business and tourism communities have long asked for a resort
of this stature on Tortola and Raffles will meet that demand. The fact
that this resort is 100% owned by British Virgin Islanders is a perfect
example of how we as a people are able to develop a large-scale project
with the same quality and success enjoyed by major investors throughout
the world. This is an accomplishment of which we are all extremely proud."
"My partner, Percy Rhoden and I, are thrilled to be part of The British
Virgin Islands dynamic tourism growth, and Raffles Tortola can only add
to the island's reputation as a choice destination for visitors to the
British Virgin Islands," said Mark Vanterpool, Co-Director of Greenfield
Property Holdings Ltd. "This is Raffles' first project in the Virgin Islands
and we are very pleased to be working with such a world renowned brand."
"Raffles Tortola will be distinguished by the heartfelt service and
residential charm that is characteristic of the Raffles brand," said Diana
Ee Tan, Managing Director of Raffles Hotels & Resorts. "This luxurious
sanctuary will be an ideal point from which residents can enjoy the lush
landscape and white sand beaches of Tortola, and we are delighted that
Greenfield Property Holdings Ltd. has appointed Raffles to manage this
gem in such an awe- inspiring locale and destination."
The British Virgin Islands comprise of 60 islands, of which Tortola
is the largest and most populated. Secluded white sand beaches such as
Apple Bay, Elizabeth Beach and Smuggler's Cove make for excellent swimming
and snorkelling. Warm Caribbean trade winds, clear blue waters and sheltered
anchorages give Tortola its reputation as "sailing capital of the Caribbean".
A gateway to the Caribbean, Tortola is also a favoured stop of many luxury
cruise ships and travelers visiting the Virgin Islands. The island has
many well-equipped facilities for fishing, scuba diving, golf or horseback
riding. Tortola is also home to a variety of attractions including centuries-old
ruins such as Fort George and lush green national parks, such as Sage Mountain
About Raffles Hotels & Resorts
Raffles is a collection of luxury hotels around the globe that distinguishes
itself through the highest standards of products and services. Each hotel
is a landmark in its respective city, positioned at the top of its local
market and rated among the very best in the world.
Raffles' relentless pursuit of service excellence has earned for its
hotels and resorts a legion of international accolades, including Conde
Nast World's Best Places to Stay and Travel & Leisure World's Best
Awards. Its flagship Raffles Hotel Singapore was named Best Luxury Hotel
2006 by Travel Trade Gazette Asia. Raffles Hotels & Resorts was ranked
second among the world's top hotel brands in the 2006 Conde Nast Traveler
Business Travel Awards.
The award-winning collection of legendary hotels includes Raffles Hotel
and Raffles The Plaza in Singapore, Raffles Grand Hotel d'Angkor, Siem
Reap, Cambodia, Raffles Hotel Le Royal, Phnom Penh, Cambodia, Raffles Beijing
Hotel, People's Republic of China, Raffles L'Ermitage Beverly Hills in
the U.S., and Raffles Resort Canouan Island, The Grenadines. Raffles Dubai,
United Arab Emirates, will open in the third quarter of 2007.
Future additions to the Raffles portfolio include a hotel on the Cotai
Strip in Macao, Raffles Da Nang in Vietnam, Raffles Tianjin in China, Raffles
Konottaa in Maldives, Raffles St Lucia and Raffles Tortola in the Caribbean,
Raffles Manila in the Philippines and Raffles Phang Nga in Phuket.
About Fairmont Raffles Hotels International, Inc.
Fairmont Raffles Hotels International, Inc. is a global hotel company
headquartered in Toronto, Canada. The company owns and manages over 120
hotels in 25 countries under four brands, Fairmont Hotels & Resorts,
Raffles Hotels & Resorts, Swissotel Hotels & Resorts and Delta
Hotels as well as vacation ownership properties managed by Fairmont Heritage