Viceroy Group to Operate L'Ermitage Beverly Hills

Luxury Beverly Hills Property to Become Newest Addition to VHG's Growing Brand

. January 20, 2010

January 19, 2010 - Viceroy Hotel Group announced that it has been selected as operator of the renowned Los Angeles luxury hotel, L'Ermitage Beverly Hills. The announcement was made by Viceroy Hotel Group (VHG) Founder & CEO, Brad Korzen.

The 119-room luxury property, managed by Raffles Hotels & Resorts since 2000 as Raffles L'Ermitage, was recently acquired by a private investor for an undisclosed sum from Fairmont Raffles Hotels International. VHG will assume management of the property today, operating it for the interim as L'Ermitage Beverly Hills, as part of the company's luxury Viceroy Hotel Group hotel and resort portfolio.

The company will begin a significant refurbishment of the property in the coming months, which will be phased to have minimal impact on the experience of the hotel's guests. The hotel will relaunch in late 2010 as Viceroy Beverly Hills, the newest addition to VHG's growing Viceroy Hotels and Resorts brand which welcomed three new hotels and resorts to its portfolio in 2009 - Viceroy Miami, Viceroy Anguilla in the Caribbean and Viceroy Snowmass in Colorado. The Viceroy brand also includes Viceroy Santa Monica and Viceroy Palm Springs, and future Viceroy properties are currently under development, including Viceroy Abu Dhabi which debuts in 2012.

'L'Ermitage Beverly Hills is an ideal addition to our company's expanding portfolio of luxury hotel properties,' said Korzen. 'With its superb location and unrivaled reputation for excellence, the hotel is a particularly good fit for the Viceroy Hotels and Resorts brand.'

Located on a peaceful tree-lined residential avenue, L'Ermitage Beverly Hills features 119 spacious rooms and suites with the feel of a sophisticated private residence. For the past nine years, the property has received both the coveted Forbes Travel Guide (formerly Mobil) Five Star and AAA Five Diamond Awards. L'Ermitage Beverly Hills offers guests superior amenities and personalized service, with the assurance of privacy, serenity and luxury.

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