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  Minor International PCL. Signs Starwood to Manage the St. Regis
Hotel & Residences, Bangkok Opening in 2010
Bangkok – 24th July 2007 – Starwood Hotels & Resorts today announced it has entered into an agreement with Rajadamri Residence Company Limited, a subsidiary of Minor International PCL., in which Starwood will manage the St. Regis Hotel & Residences, Bangkok. Situated at a prominent location along Rajadamri Road, the capital's most prestigious commercial and residential address, the St. Regis Hotel & Residences, Bangkok comprises 198 guestrooms, 22 serviced apartments and 71 exclusive residential units. Upon completion in early 2010, the St. Regis Hotel & Residences, Bangkok will set new standards for urban luxury living in Thailand and is ideally positioned to serve both the city’s influential business leaders and discerning leisure travelers.
 
“We are thrilled with the landmark entry of the St. Regis brand into Thailand! The luxury hotel market in Bangkok has not seen any recent additions of internationally branded hotels yet the growth of international arrivals has remained strong through the Tourism Authority of Thailand’s efforts at promoting Bangkok as a destination for business, leisure and meetings. The sustained demand for luxury accommodation, the renowned Thai hospitality combined with the legendary bespoke service of the St. Regis brand, and the unrivaled location of this hotel in the Rajadamri area, will make this property an extremely attractive choice for travelers to Bangkok, arguably the ‘tourism capital of Asia’,” commented Mr. Miguel Ko, President for Starwood Hotels & Resorts, Asia Pacific. 
 
Located opposite the Royal Bangkok Sports Club, the St. Regis Hotel & Residences, Bangkok offers hotel guests and residence owners breathtaking views over the famed race track, the only 18-hole golf course in the heart of Bangkok, and panoramic view of Lumpini Park, the greenest space in the city. In addition, the St. Regis Hotel & Residences, Bangkok offers direct entrance to the Rajadamri BTS station, providing convenient and timely access to key commercial, residential and shopping districts in the city.
 
“We are delighted to have the opportunity to work together with Starwood to introduce the St. Regis brand to Thailand. As one of the world’s premier luxury hotel brands, St. Regis will be an exciting addition to the Thai market and is sure to become one of Bangkok’s finest and best managed hotels. It is particularly gratifying to be in partnership with such an experienced global operator and Starwood shares our ambition and vision for the St. Regis brand here,” said Mr. William E. Heinecke, Chairman and CEO of Minor International PCL. 
 
As the capital city of Thailand and the country’s most important and popular tourist address, Bangkok welcomes more than 90% of the total inbound visitors to Thailand. It is renowned for its cosmopolitan flair, diverse cultures and unsurpassed epicurean experience. The recent opening of the new Suvarnabhumi International Airport, as well as growth of the meetings industry with the opening of new convention facilities, signifies the continued growth of Bangkok’s tourism industry as well as its position as an important economic hub for the region. Visitors arriving in the kingdom in 2010 will be able to enjoy facilities at the St. Regis Hotel & Residences, Bangkok that include an all-day dining outlet, a specialty restaurant, a decanter wine cellar, lobby bar and lounge, a Remède Spa, close to 10,000 square feet of function space, and a well-equipped fitness center and swimming pool.  
 
Following in the tradition of the legendary St. Regis New York, St. Regis Hotel & Residences, Bangkok will feature the famed hallmark of St. Regis hotels – butler service and luxury accommodations for worldly travelers. The renowned St. Regis Butler Service offers unparalleled round-the-clock personal attention to every guest. Trained in the English tradition, the butlers provide ever-present yet unobtrusive service while anticipating guest needs and customizing each guest's stay according to his or her specific tastes and preferences.

About Minor International 

Minor International (MINT) is one of the country’s largest hospitality and leisure companies, with a portfolio of 15 hotels and over 2,300 rooms under the Marriott, Four Seasons, Anantara and other brands in Thailand, Maldives and Vietnam. Minor International is also one of the leading spa operators in the Asia Pacific region, with more than 23 spas in Thailand, China and the Middle East under the Mandara, Anantara and other brands. MINT is also the developer of high end residential projects such as the Royal Garden Hua Hin Condominium, Residences at the Four Seasons Resort Chiang Mai and The Estates at the Four Seasons Samui.

Complementing the resort and hotel and real estate operations, are more than 600 restaurants system wide under The Pizza Company, Swensen’s, Sizzler, Dairy Queen, Burger King and LeJazz. Minor Food are the market leaders in Thailand with nearly all of their concepts being leaders in their respective segments.

In 2006, Minor International was selected by the Stock Exchange of Thailand to join the blue chip SET 50 Index. In January 2007, the company was recognized by Asia Money magazine as Thailand's Best-Managed Small Cap Company for financial and business performance, management strategy and vision, and shareholder value creation.

For more information on Minor International PCL., please visit our website at www.minornet.com

About St. Regis Hotels & Resorts
St. Regis Hotels & Resorts includes the most celebrated properties in the world.  Founded by John Jacob Astor with landmark St. Regis Hotel, New York over a century ago, the company will unveil highly anticipated St. Regis properties in Singapore (2007), Mexico City (2008), Punta Mita, Mexico (2008), Bali (2008), Anguilla (2008), Costa Rica (2008), Atlanta (2009), Bahía Beach, Puerto Rico (2009), Deer Valley (2009), Macau (2009), Bal Harbour, FL (2010), Lhasa, Tibet (2010), Osaka ( 2010 ), Baha Mar (2011) and Jakarta ( 2011 ) that will further enhance the brand's legacy. www.stregis.com.
About Starwood Hotels & Resorts Worldwide, Inc.
Starwood Hotels & Resorts Worldwide, Inc.® is one of the leading hotel and leisure companies in the world with approximately 850 properties in more than 95 countries and 145,000 employees at its owned and managed properties. Starwood® Hotels is a fully integrated owner, operator and franchisor of hotels and resorts with the following internationally renowned brands: St. Regis®, The Luxury Collection®, Sheraton®, Westin®, Four Points®, W®, Le Méridien® and the recently announced AloftSM and ElementSM Hotels. Starwood Hotels also owns Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit www.starwoodhotels.com

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Contact:

Hwee-Peng Yeo
Director, Corporate Communications
Starwood Asia Pacific Hotels & Resorts Ltd
6 Temasek Boulevard, Suntec City Tower 4
#40-01, Singapore 038986
 Tel : +65 6335 4837
www.starwoodhotels.com
 

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Also See: After Ten Years of Successful Four Seasons Management, Regent Properties Become Four Seasons Hotel Bangkok and Four Seasons Resort Chiang Mai / December 2003
Bangkok Based Minor International Plc Planning on a US $21 million Project to Open Three Resorts in the Maldives / May 2005
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