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CHI Hotels and Resorts adds second Ramada Hotel in Abu Dhabi

CHI Hotels and Resorts adds second Ramada Hotel in Abu Dhabi ( Malta-based CHI Hotels&Resorts (CHI) has announced that within months of entering Abu Dhabi with the scheduled operation of its first Ramada Hotel in the Mafraq region, it has now concluded negotiations for the operation of a second Ramada Hotel in the center of the Emirates’ capital.

The 15-year technical services and operations agreement for the new 313-room Ramada Abu Dhabi Beach hotel was signed by CHI’s vice president for business development Paul Pisani and Major General Khalil Dawood Badran on behalf of the Social Security Fund of the Ministry of the Interior of the United Arab Emirates, owners of the upscale project.

The new hotel, targeted for a 2011 opening, is being developed on a 31,000 square-meter site with a 300-meter beach front and is within a short drive from Maqta Bridge, at the entrance to Abu Dhabi city center.

The Ramada Abu Dhabi Beach will feature 313 guest rooms and suites on seven floors, several meeting rooms, a two-story ballroom, three restaurants, indoor and outdoor pools, and a health club with gymnasium, squash courts, massage rooms, a sauna, and solarium.

Announcing the Abu Dhabi agreement, CHI’s chief executive officer and managing director Tony Potter said: “This new deal in Abu Dhabi, struck so closely after our first incursion in this phenomenal city, reaffirms CHI's current and future commitment to actively grow our management operations, not only in Europe where we already have a strong presence, but most importantly in the vast African and Middle East regions. These territories are not only a natural breeding ground for our Mediterranean born ‘Corinthia’ luxury brand, but also offers extensive growth opportunities for the well-established Wyndham and Ramada brands, which CHI operates on an exclusive basis through its joint venture with the US-based Wyndham Hotel Group. Over the last year alone, besides the two Abu Dhabi hotels, CHI has increased its portfolio in this part of the world by developing other upscale hotels in Dubai, Egypt (2), and Libya.

Abu Dhabi is the capital and second most populous city in the United Arab Emirates (UAE) after Dubai. It lies on a T-shaped island jutting into the Persian Gulf from the central western coast. One of the world's largest producers of oil, Abu Dhabi is actively diversifying its economy through investments in financial services and tourism. In Abu Dhabi, luxury and style are infused with traditional values of hospitality and respect. Perfect weather, tranquil beaches, lush oases, a vibrant city life, and a mixture of culture and traditions come together to create a one-of-a-kind destination. Whether it’s a visit to the Emirate’s old souks, sipping a fragrant Arabic coffee, riding the dunes on an exhilarating desert safari, or simply diving into a dazzling blue sea, Abu Dhabi is the ideal location for both the business and leisure traveler.

About CHI Hotels&Resorts
Based in Malta, CHI Hotels&Resorts (CHI) is a leading, hands-on, hotel, management company that provides the full range of technical assistance and management services to hotel owners worldwide. CHI is the exclusive operator and developer for the luxury Corinthia Hotels brand, as well as the Wyndham and Ramada Plaza brands in Europe, Africa, and The Middle East.

CHI draws on a heritage of over 45 years in delivering high-quality services to hotel guests and an optimum rate of return to owners and investors in diverse business environments. Our experience across our three brands extends to management of luxury and upscale properties in city and resort locations and products ranging from boutique to conference and spa hotels. CHI also operates various restaurants under brands such as ‘Rickshaw’ and has its own spa division.

CHI Hotels&Resorts is a joint venture between International Hotel Investments plc (IHI) – 70 percent - and The Wyndham Hotel Group (WHG) – 30 percent.

About Wyndham Hotel Group
Wyndham Hotel Group, one of three principal components of Wyndham Worldwide (NYSE: WYN), encompasses more than 6,550 hotels and 551,000 rooms in 59 countries on six continents under the Wyndham®, Ramada®, Days Inn®, Super 8®, Wingate® by Wyndham, Baymont Inn®, Howard Johnson®, Travelodge®, Knights Inn®, and AmeriHost Inn® brands. All hotels are owned individually and operated independently or by Wyndham Hotel Management. Wyndham Hotel Group is based in Parsippany, NJ. Additional information is available at .

MANUEL BRIFFA Phone: +356 2551 1146 Fax: +356 2123 9732 Mobile:+356 9943 2252

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