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Raffles Hotels Signs Agreement with PT Asia Pasifik Property
to Manage Raffles Amarthain in Bali, Indonesia
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SINGAPORE, September 11, 2007 � Raffles Hotels & Resorts continues its pace of expansion with a new luxury resort in Bali, Indonesia. In an agreement signed with PT Asia Pasifik Property, a subsidiary of the Rekso Group, Raffles Hotels & Resorts will manage Raffles Amartha, which will be located along the scenic Jimbaran coast.  Raffles Amartha is scheduled to open in 2010 and features a resort comprising approximately 90 luxurious villas, and 25 Raffles Residences for private ownership.  Occupying a sprawling 27 acres, Raffles Amartha is built to resemble a Water Palace, with inspiration drawn from classical Javanese-Hindu architecture and style, characterized by open spaces, water features and walled courtyards on rising terraces.  

The centerpiece of the Water Palace is the resort�s lobby.  Sitting high on a terrace, it overlooks the resort�s water gardens, pavilions and villas, offering guests commanding views of the ocean as they gaze across the landscaped grounds. 

Raffles Amartha is bordered by a cliff above the beach (commonly referred to as �dreamland beach�), and an 18-hole golf course.  Each villa at Raffles Amartha features a private plunge pool and sun deck, and most are located on terraces, ensuring panoramic views of the ocean or golf course, as well as the private and intimate feel that Raffles is renowned for.   Guests in search of supreme exclusivity can look forward to the Presidential Villa or the spacious 5-bedroom Raffles Residence along the cliff.  

When visiting Raffles Amartha, one can lounge by the infinity swimming pool perched at the cliff top, or indulge in the sumptuous range of culinary creations at the all-day dining restaurant or the resort�s specialty restaurant.  The lobby court will serve freshly brewed coffee and tea and a wide range of cocktails, while the Cave Bar by the beach is ideal for drinks, finger-food and barbeques.  

With an expansive 22,000 square foot RafflesAmrita Spa at the resort, guests will also be pampered by skilled therapists as they experience the spa�s extensive massage and wellness options.  RafflesAmrita Spa is a signature component of Raffles hotels and resorts found around the world. According to an ancient Sanskrit legend, �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.  

Raffles Amartha will also feature a cliff-top wedding pavilion, and couples can plan an unforgettable wedding or even renew their vows in this romantic setting, accompanied by sweeping ocean views and an amazing sunset.  

The resort is located only 15 minutes away from Bali�s international airport, Denpasar.

About Raffles Hotels & Resorts

Raffles is a collection of luxury hotels and resorts worldwide, each distinguished by its luxury, elegance and residential charm.  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. www.raffles.com

About Fairmont Raffles Hotels International, Inc. 

Raffles Hotels & Resorts is owned by Fairmont Raffles Hotels International, a leading global hotel company with over 120 hotels in 25 countries worldwide under the Raffles, Fairmont, Swissôtel and Delta brands. The company also owns Fairmont Heritage Place and Fairmont Residences, offering luxury vacation ownership and residential properties.  

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Contact:

Tory Lorance
P: 212-696-0660
 

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Also See: The Sale by Raffles Holdings of its Hotel Business to Colony Capital, LLC for an Enterprise Value of S$1.72 billion Effective September 30, 2005 / September 2005
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