Shangri-La Announces New Traders Hotel in Beijing to Open August 2008

The Traders Hotel will be conveniently located in the north east of Beijing’s Central Business District by the 4th Ring Road, and within 20 minutes drive of Beijing Capital International Airport.

Designed by Barcelona-based Ricardo Bofill, the hotel will feature 419 rooms with city views and a minimum room size of 33 square metres. The five-floor, 77-room Traders Club will offer a host of special amenities such as private meeting room, express check-in and check-out service, in addition to an exclusive club lounge for daily breakfast and evening cocktails.

The hotel’s dining and entertainment options will include a lobby lounge; café for all-day-dining; Chinese restaurant with 13 private dinning rooms over two floors; and sports bar.

There will be a total 2,000 square metres of meeting and function spaces and a business centre. Recreational facilities will include a health club, indoor swimming pool and spa with nine treatment rooms.

“We are grateful for the opportunity to partner with Super Shine Co. Ltd to introduce a second Traders hotel to Beijing, to complement our existing portfolio of hotels in the capital city, just in time for the world excitement of the Olympic Games,” said Giovanni Angelini, Shangri-La chief executive officer and managing director.

“We are delighted to partner with Shangri-La and in particular their Traders brand, given the huge potential of the four-star travel segment in China,” said Tang Jun, Board Chairman, Super Shine Co. Ltd.

Hong Kong-based Shangri-La Hotels and Resorts currently manages 51 hotels under the Shangri-La and Traders brands, with a rooms inventory of over 24,000. Traders Hotels are designed to satisfy the needs of the fast growing four-star, mid-market travel segment by offering a comprehensive range of facilities, and swift and friendly service, at competitive rates. Traders Hotels are located in Beijing, Dubai, Manila, Penang, Kuala Lumpur, Singapore, Shenyang, Yangon, Changzhou and Kunshan, with scheduled openings in Urumqi in mainland China, Macau and Bangalore. The group has over 40 projects under development in Canada, mainland China, France, India, Japan, Macau, Maldives, Philippines, Qatar, Seychelles, Thailand, United Arab Emirates, United Kingdom and the United States. For more information and reservations, please contact a travel professional or access the website at .

Super Shine Co., Ltd. | Founded in 1993, the Beijing–based Super Shine Co., Ltd. is a real estate development company, whose major business includes property development, sales, rental and consulting. The company is considered one of the most reputable real estate companies in China with more than 10 residential and commercial properties in Beijing, Shenyang and Tianjin. In 2006, Super Shine collaborated with an affiliate of GIC Real Estate -- a strategic partner -- to invest and manage residential and commercial properties in China.