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Warwick International Hotels Acquires the 246-room
Paradise Island Harbour Resort in the Bahamas

NASSAU, Bahamas and PARIS, Sept. 25, 2012 -- Warwick International Hotels (WIH) has acquired a four-star hotel located on Paradise Island in the Bahamas. The transaction is expected to be completed in the near future.

With easy access from the international airport, the Paradise Island Harbour Resort is a beach-front hotel designed to cater to international tourists, business travellers and visitors from the U.S., Canada, South America, Europe and the Caribbean. A full renovation and repositioning programme will be announced soon.

The Paradise Island Harbour resort consists of 246 rooms, each with a view of the harbour and direct access to the beach. This resort is equipped with two restaurants, a lobby cafe/bar, a large outdoor swimming pool and pool bar. It also features conference facilities, a fitness centre and kids' club.

WIH has more than 50 hotels, 6,500 rooms worldwide and is present in Europe, the U.S., Southeast Asia, China, the Middle East, the South Pacific, Africa and the Caribbean. Known for its stately and iconic hotels—Warwick New York Hotel, Warwick Melrose Hotel, Dallas and Westminster Hotel in Paris—WIH has a recognized and proven ability in renovating and repositioning older hotels.

"We are delighted to have the opportunity to completely renovate the Paradise Island Harbour Resort and restore it to its former glory. It is undisputedly one of the best located resorts in the Bahamas with a unique beach and clear turquoise water. It will be one of the finest resorts on the island," said Jean Francois Garnier, Group Director of Development at Warwick International Hotels.

On Sept. 19, 2012, senior officers of Warwick International Hotels met with various government officers and officials of Paradise Island. At the meeting, WIH apprised the government of their plans and intentions to completely refurbish the Resort so it would properly be positioned in accordance with Warwick standards. "WIH is fully confident with its investment in the Bahamas, and looks forward to a long and fruitful relationship with the government and people of the Bahamas," added Garnier. "WIH was pleased to have the full support of the government, Prime Minister Christie and the assurance that the applications will be dealt with expeditiously."

About Warwick International Hotels
Warwick International Hotels (WIH) was launched in 1980 with the purchase of the Warwick New York, a hotel originally built for William Randolph Hearst for his Hollywood friends. Recently celebrating 30 years of hospitality excellence, the WIH group now includes more than 45 prestigious hotels and resorts worldwide located in city centres and resort destinations in the United States, Europe, Asia, the South Pacific, and Africa. Further details can be found at www.warwickhotels.com.
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Contact:

www.warwickhotels.com


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Also See: Warwick International Hotels Chosen by Winter Valley Tourism Investment Company to Manage the 161-room Winter Valley/Warwick Resort & Spa, Dead Sea, Jordan / May 2011

Warwick Seattle Hotel in Seattle, Washington Completes the First Major Phase of Planned Multi-Million Dollar Renovation by Transforming 74 of its 230 Guest Rooms / May 2011

Warwick International Hotels (WIH) Purchases 30,000 Square Feet of Land Adjacent to the Warwick Melrose Hotel, Dallas, Built in 1924, for Expansion / April 2011

Warwick International Hotels Appoints Richard Oh as Director of Sales for the Warwick Seattle Hotel in Seattle, Washington / March 2011

Warwick International Hotels Appoints Cole Mansfield as General Manager of the 219-room Warwick Denver Hotel in Denver, Colorado / March 2011

Warwick International Appoints Richard Hoe as Global Accounts Sales Manager, a New Post Based in Australia / February 2011

Warwick Denver Hotel Names Paola Venturini Hubert as Senior Corporate Group Sales Manager / January 2010


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