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China Huaming Signs Shangri-La Hotels to Operate a 400 room Hotel
in the Park Huaming Business Center in Moscow

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June 18, 2009 - Shangri-La Hotels and Resorts, Asia Pacific’s leading luxury hotel group, has signed an agreement with China Huaming International Investment Corporation (CHMIIC) to manage a hotel in Moscow, which will be the group’s first property in Russia. 

Set to open in 2012, the 400-room hotel will occupy the top floors of a 42-story tower in the Park Huaming Business Centre– a new major multi-purpose development in the northeast of the city. Next to the Botanical Gardens on Vilgelma Pika Street, the property is located 10 kilometers (6 miles) from Red Square and 25 kilometers (15 miles) from the international airport. 

The hotel guestrooms will have a minimum size of 40 square meters (430 square feet) and each room will have views of the development’s Chinese landscaped gardens or the Botanical Gardens. Diverse dining outlets will include Chinese and Russian restaurants. A 1,200-square-meter (12,918-square-foot) grand ballroom, a 700-square-meter (7,535-square-foot) auditorium and a wide range of function rooms suited will cater to events. Recreational facilities will include an indoor swimming pool and health club. 

The Park Huaming Business Centre, Moscow will include an office tower, service apartments, an exhibition hall and a lifestyle area featuring a Chinese garden with pavilions, restaurants, retail shops, as well as leisure and entertainment facilities. 

“Shangri-La Hotels and Resorts is delighted to be partnering with CHMIIC to provide our distinct brand of Asian hospitality to residents and visitors of Moscow,” said Madhu Rao, managing director and chief executive officer of Shangri-La Hotels and Resorts. “As we continue to expand globally, Russia remains one of our key markets and we look forward to working closely with the Moscow community.” 

Mu Hua Dong, general manager of CHMIIC, said, “Shangri-La Hotels and Resorts is one of the world’s finest hotel operators and we are confident that based on the group’s strong reputation, this new property is set to be a resounding success.” 

About Shangri-La Hotels and Resorts 
Hong Kong-based Shangri-La Hotels and Resorts, Asia Pacific’s leading luxury hotel group, currently owns and/or manages 62 hotels under the deluxe Shangri-La and mid-market Traders brands, with a rooms inventory of over 28,000.  The group has over 40 projects under development in Austria, Canada, mainland China, France, India, Macau, Maldives, Philippines, Qatar, Seychelles, Thailand, United Kingdom, United Arab Emirates and the United States.  For more information and reservations, please contact a travel professional or access the website at www.shangri-la.com. 

About China Huaming International Investment Corporation 
China Huaming International Investment Corporation, the hotel’s developer, is owned by China’s four major state-owned companies – China National Petroleum Corporation (CNPC) and COFCO; China Great Wall Industry Corporation (CGWIC); and China National Precision Machinery I/E Corporation (CPMIEC). China Huaming International Investment Corporation (CHMIIC) was established in September 2002 by the initiative of Chinese State Council to enhance the development of the economical partnership between Russia and China and to develop a new project of Chinese Business Center in terms of inter-governmental agreement. The name of the company “Huaming” can be translated from Chinese as “the best from China”.

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Contact:

Judy Reeves 
Public Relations Manager, North America 
Shangri-La Hotels and Resorts 
Tel: (212) 382-3155 
E-mail: judy.reeves@shangri-la.com 
Website: www.shangri-la.com 

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Also See: Shangri-La Hotels and Resorts Set to Open the 142 room Shangri-La Villingili Resort and Spa on Villingili Island in the Republic of Maldives; Property Includes 16 Tree House Villas / May 2009
Shangri-La Hotel, Chicago Hotel Project Suspended / February 2009
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