Shangri-La Hotels and Resorts, Asia Pacific's leading luxury hotel group, announced today it will open a new hotel in Ulaanbaatar, the capital of the Republic of Mongolia, the end of 2007. It will be Shangri-La's first hotel in the Republic of Mongolia and the country's first hotel by an international hotel group.

A joint venture between Shangri-La Asia Limited and MCS Holding, Mongolia, the 190-room hotel will be a part of an office, retail and hotel complex, which is located at the east side of the Sukhe-Bator Square, between the City Theatre and Peace Avenue, in the centre of Ulaanbaatar city.

The modern hotel will feature various dining and entertainment options including an all-day restaurant, Chinese restaurant, theme outlet, bar and lobby lounge. The meeting and banqueting facilities will include a 1,200-square-metre grand ballroom, and 640 square metres of function rooms. Recreational facilities such as indoor swimming pool, health club and spa, will also be available.

Hong Kong-based Shangri-La Hotels and Resorts currently manages 45 hotels under the Shangri-La and Traders Hotels brands, in Australia, mainland China, Fiji, Hong Kong, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand, Taiwan and the United Arab Emirates with a rooms inventory of over 21,000. In addition, the group has over 20 projects under development in Canada, mainland China, India, Malaysia, Maldives, Oman, Qatar and Thailand. For more information or reservations, please contact a travel professional or access the website at .

Elizabeth DeMotte
Vice President - Public Relations
(852) 2599 3323
Shangri-La