in Mallorca Following $4 million Renovation
|MALLORCA, SPAIN (January 29, 2004) - La Residencia,
the idyllic hideaway on the Spanish island of Mallorca, reopened today
following a three-month closure for renovations. During the closure, the
Son Fony restaurant has been refurbished, the spa enlarged and a new Tower
The Son Fony restaurant will remain closed until mid-March 2004. This informal restaurant, which serves local Mallorquin dishes alongside internationally recognized fare, will more than double in size to 60 covers. The small cobbled courtyard at the back of the restaurant has been glassed over to create a light and airy dining area during the day and a star-studded ceiling at night. During winter a brick fireplace at the center of the room will warm the area.
During this phase of investment and renovation, the driveway at the front of the hotel has been enlarged to create a sweeping entrance. The hotelís two floodlit tennis courts have been resurfaced with Greenset cushion, and a pro shop selling racquets, equipment and clothing has also been created alongside the tennis patio.
La Residencia is a traditional Mallorquin style country house hotel designed to combine informal elegance and romantic seclusion. The 59-room hotel overlooks the charming village of Deià, home of many painters and writers including the English writer Robert Graves, who lived in this mountain village for 45 years. The hotel is set in 30 acres of landscaped gardens, terraces and orchards and framed by a backdrop of lofty mountain crags with a stunning panorama over the village towards the Mediterranean below. It was acquired by Orient-Express Hotels in March 2002.
|Also See:||Orient-Express Hotels Acquires Two Luxury Hotel Properties, Half Interest In Petit Blanc Restaurant Chain for $40 million / Feb 2002|
|Orient-Express Hotels Ltd. Sells the Hotel Quinta do Lago, Algarve, Portugal for $40 million; 16 times Current Year EBITDA / November 2003|
|Orient-Express Hotels Reports Net Income for 3rd Qtr 2003 of $8.2 million Compared with Net Income of $9.1 million Previous Year; Declares First Cash Dividend, Signs Letter Of Intent For Acquisition Of Hotel Group / November 2003|