Fairmont Hotels & Resorts

Fairmont Hotels & Resorts

November 11, 2008 10:42 ET

Fairmont Hotels & Resorts Announces First Hotel in Eastern Europe

Fairmont Grand Hotel Kyiv to Open in 2010

TORONTO, ONTARIO--(Marketwire - Nov. 11, 2008) - Fairmont Hotels & Resorts has announced it will manage a luxury hotel in Kyiv, the capital of Ukraine - the company's first in Eastern Europe. Fairmont Grand Hotel Kyiv adds to a growing collection in Europe, joining Fairmont Hotel Vier Jahreszeiten, Hamburg; Fairmont St. Andrews, Scotland; Fairmont Monte Carlo and London's Savoy, reopening next year following an extensive restoration.

Opening in late 2010 the classically designed Fairmont Grand Hotel Kyiv will feature 257 rooms, including 35 suites offering an elegant and relaxing atmosphere as well as Royal and Presidential suites. In addition, guests can enjoy Fairmont Gold, the brand's exclusive lifestyle offering featuring warm and personalized service with amenities such as a private reception desk and a comfortable guest lounge.

Along with a selection of dining outlets, guests can relax in a specialty Champagne bar, as well as a cigar bar featuring entertainment. For special events, the hotel offers 1210 m2 of meeting and function space, including a 480 m2 ballroom. Recreational facilities include a Willow Stream Spa, offering six treatment rooms, including two deluxe rooms, a relaxation room, separate women's and men's areas featuring sauna, steam and swiss, and a full beauty salon.

The elegant hotel will be located on the Dnipro River in the heart of the historic Podil district of Kyiv, alongside the city's numerous landmarks, with easy access to the international airport and central business district. Guests will enjoy unrivalled views of the river as well as the city's bridges and the golden domes of numerous churches and cathedrals. Kyiv is renowned for its arts and culture, including architectural landmarks such as the city's Golden Gate, Kyiv Pecherska Lavra (an ensemble of churches and cave monastery first built in 1051), and St. Sophia Cathedral, all easily accessible from the Fairmont Grand Hotel Kyiv.

Andrey Manzheley, Managing Director of Yaroslaviv Val, the property owner and country's leading real estate developer stated, "The Fairmont brand has a demonstrated record in managing some of the world's most iconic properties and reflects a genuine connection with the communities in which their hotels are located. Fairmont's century-long tradition will be a wonderful showcase for our city and culture."

Thomas W. Storey, President, Fairmont Hotels & Resorts said, "The Fairmont Grand Hotel Kyiv will be an exciting addition to our portfolio, reinforcing our commitment to managing world-class properties which build upon our brand's global strength and provide unique experiences for our guests to enjoy."

Fairmont Grand Hotel Kyiv joins a number of new developments recently announced across the globe, including Fairmont Hyderabad, India; Fairmont Marrakech, Morocco; Fairmont Haitang Bay, Sanya, China; and Fairmont Zimbali, South Africa.

ABOUT YAROSLAVIV VAL

Ukraine's leading real estate developer, Yaroslaviv Val, serves the country's ever growing hospitality industry, delivering prime real estate properties across the business and historical districts of the capital city, Kyiv. Concentrating on developing several world-class properties in Kyiv, the company's hospitality portfolio is currently comprised of the boutique Riviera Hotel, Intercontinental-Kyiv and the luxurious Fairmont Grand Hotel Kyiv. Yaroslaviv Val also has several subsidiaries through which it develops properties across the country. For more information, please call +38 (044) 205 3160 or visit www.jarval.com.ua.

ABOUT FAIRMONT HOTELS & RESORTS

A leader in the global hospitality industry, Fairmont Hotels & Resorts is an extraordinary collection of luxury hotels, which includes iconic landmarks like Fairmont Le Chateau Frontenac in Quebec City, Fairmont The Norfolk, Nairobi and London's The Savoy, reopening in 2009. Fairmont hotels are one-of-a-kind properties where sophisticated travelers can discover culturally rich experiences that are authentic to the destination. Situated in some of the most exclusive and pristine areas in the world, Fairmont is committed to responsible tourism and is an industry leader in sustainable hotel management with its award-winning Green Partnership program. Fairmont's portfolio includes 56 distinctive hotels, with plans to develop over 25 new properties in the coming years in destinations as diverse as Shanghai, Morocco and Anguilla.

Fairmont is owned by Fairmont Raffles Hotels International, a leading global hotel company with 91 hotels worldwide under the Raffles, Fairmont and Swissotel brands. The company also manages Fairmont and Raffles branded Residences, Estates and luxury private residence club properties. For more information or reservations, please call 1-800-441-1414 or visit www.fairmont.com.

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