Raffles to manage a spectacular penthouse hotel in Tianjin City

SINGAPORE, 13 March 2007 - Raffles Hotels & Resorts has extended its footprint in China with the iconic Raffles Tianjin Hotel. Located at the top of Tianjin Centre, Raffles Tianjin sits right in the heart of the city, at the junction of Nanjing Road and Guiyang Road in Heping District, the city’s most important business and retail district. The urban area of Tianjin is the third largest municipality in Mainland China, and is a mere 2 hours by car from Beijing. The Tianjin Binhai International Airport also has international connections to most major cities in China, Asia, Middle East, Europe and U.S.A.

As the city’s first penthouse hotel, Raffles Tianjin will preside over the city, occupying the top 32nd to 45th floors of Tianjin Centre’s West Tower. Scheduled to open in 2008, residents can look forward to 116 spacious, elegantly appointed rooms and suites with commanding views of the city. The hotel’s décor will exude residential charm and a sense of intimacy and luxury - distinctive qualities in all Raffles hotels and resorts across the globe. A dramatic feature of the hotel will be the rooftop restaurant and bar which will offer sweeping views of the city. Epicureans will be spoilt for choice with the exquisite dining options offered: restaurants which offer the ultimate dining experience topped with breathtaking views, a lounge for leisurely afternoon teas, a bar for cocktails and after-dinner drinks, and a specialty Chinese restaurant. Raffles Tianjin will also have banquet and meeting facilities for social and corporate events.

The hotel also features Raffles Hotels & Resorts’ award-winning lifestyle concept - RafflesAmrita Spa. According to an ancient Sanskrit legend, ‘Amrita’ is the name of the magical elixir of youth sought by deities. Launched in 2000, RafflesAmrita Spa is a signature component of Raffles hotels and resorts found around the world. RafflesAmrita Spa in Raffles Hotel and Raffles The Plaza in Singapore, Raffles Le Montreux Palace in Switzerland, and Raffles Resort Canouan Island in The Grenadines are acknowledged as the best spa in each of its destinations.

“Raffles is a name well respected and regarded in the hospitality industry,” said Mr Fan Wei, Chairman of Tianjin Forte Puhe Development Company Limited. “It has a great reputation for managing world class hotels. As Tianjin Centre is an important icon of the city, we are confident that Raffles Tianjin will become not just a hotel of international renown, but will be well loved by residents of this city.” “Tianjin is a dynamic and rapidly growing city with excellent

“Tianjin is a dynamic and rapidly growing city with excellent business facilities and a rich heritage,” commented Mrs. Diana Ee Tan, Managing Director of Raffles Hotels & Resorts. “Raffles Tianjin will distinguish itself through the highest standards of hospitality, service and cuisine that are widely associated with the Raffles name.”

ABOUT TIANJIN CENTRE

Tianjin Centre is located within Tianjin City’s vibrant Central Business District, the heart of the city’s commercial and retail scene. The project spans 10,807 square metres out of a total area of 151,903 square metres. Tianjin Centre comprises of two towers – the top stories of the east tower will house service apartments, while the west tower will house Raffles Tianjin and prime office space. A luxury shopping mall links the two towers.

ABOUT TIANJIN CITY

Tianjin is situated in the north-eastern part of North China plain with the Yan Mountains to the north and the Bohai Sea to the east. Its name means “the place where the emperor crossed the river.” Situated only two hours by car from Beijing, Tianjin is the third largest municipality city in China. Tianjin is also easily accessible from many key international cities in the world through its Tianjin Binhai International Airport.Blessed with a variety of tourist attractions such as the 1,000 Blessed with a variety of tourist attractions such as the 1,000 year old Dule Temple and Panshan Mountain with its interesting rock formations, Tianjin with its rich historical background and graceful architectural styles attracts both tourists at home and abroad. It is also a thriving business hub and manufacturing is the largest and fastest growing sector of its economy. It is also an important industrial base comprising of petrochemical industries, textiles, car manufacturing and mechanical industries.

The Chinese government has announced plans to develop Tianjin City into a financial hub for north China, making it the third economic centre for the country after Shenzhen and Shanghai.

ABOUT RAFFLES HOTELS & RESORTS

Raffles is a collection of luxury hotels around the globe that distinguishes itself through the highest standards of products and services. 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.

Raffles’ relentless pursuit of service excellence has earned for its hotels and resorts a legion of international accolades, including Condé Nast World’s Best Places to Stay and Travel & Leisure World’s Best Awards. Its flagship Raffles Hotel Singapore was named Best Luxury Hotel 2006 by Travel Trade Gazette Asia. Raffles Hotels & Resorts was ranked second among the world’s top hotel brands in the 2006 Condé Nast Traveler Business Travel Awards.

The award-winning collection of legendary hotels includes Raffles Hotel and Raffles The Plaza in Singapore, Raffles Grand Hotel d’Angkor, Siem Reap, Cambodia, Raffles Hotel Le Royal, Phnom Penh, Cambodia, Raffles Beijing Hotel, People’s Republic of China, Raffles L’Ermitage Beverly Hills in the U.S., Raffles Resort Canouan Island, The Grenadines, Raffles Hotel Vier Jahreszeiten, Hamburg, Germany and Raffles Le Montreux Palace, Montreux, Switzerland. Raffles Dubai, United Arab Emirates, will open in the third quarter of 2007.

Future additions to the Raffles portfolio include a hotel on the Cotai Strip in Macau, Raffles Da Nang in Vietnam, Raffles Konottaa in the Maldives, and Raffles Phang Nga Resort and Residences in Phuket, comprising a 120-villa resort and 25 private Raffles Residences adjacent to the resort.

ABOUT FAIRMONT RAFFLES HOTELS INTERNATIONAL, INC.

Fairmont Raffles Hotels International, Inc. is a global hotel company headquartered in Toronto, Canada. The company owns and manages 120 hotels in 25 countries under four brands, Fairmont Hotels & Resorts, Raffles Hotels & Resorts, Swissôtel Hotels & Resorts and Delta Hotels as well as vacation ownership properties managed by Fairmont Heritage Place.

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