Taj Hotels to Open Two Hotels in China's Kunming Expo Garden

. January 12, 2012

NEW DELHI - January 11, 2012 - The Indian Hotels Company Limited (IHCL) has signed a Memorandum of Co-operation for a Joint Venture with Yunnan Tourism Co. Ltd to engage in development, construction, operation and management of two hotels in Kunming Expo Garden, situated in Yunnan province of southwest China. Kunming is a gateway to China, connecting Southeast Asia, South Asia, Middle East, Europe and Africa, and is just a two-hour flight from Kolkata, India.

“The Indian Hotel Company's presence in Kunming is critical for our selective global expansion plan because of its strategic location with access to key markets like Vietnam, Thailand, Cambodia, Myanmar, Bangladesh and Laos. It is a major communication and transport hub in China having good connectivity with the domestic Chinese tourism circuit. The entry of Taj and Vivanta by Taj brands in Kunming offers an exciting opportunity to establish the brands in the Chinese market,” said Mr. Abhijit Mukerji, Executive Director, IHCL.

The IHCL and its subsidiaries, collectively known as Taj Hotels Resorts and Palaces, is one of Asia's largest group of hotels. Taj already has management contracts in place for a landmark hotel, Taj Temple of Heaven Beijing, in close proximity to the Temple of Heaven Park in Beijing. A key tourist destination, The Temple of Heaven Park is a UNESCO World Heritage Site. It was constructed between 1406 and 1420 and used by Emperors of the Ming and Qing dynasties.

Taj will also manage a luxury resort in Hainan Island, the premium resort destination in China. Apart from the renowned Taj hospitality, both the hotels will offer high-end accommodations, signature restaurants, banqueting facilities and Jiva Spa, Taj's acclaimed Indian and all natural spa.

Mr. Abhijit Mukerji, Executive Director, The Indian Hotels Company Limited and Mr. Ge Bao-rong, General Manager, Yunnan Tourism Co. Ltd

Mr. Ge Bao-rong, General Manager, Yunnan Tourism Co. Ltd said, “We are delighted to partner with The Indian Hotels Company Limited to bring the Taj legendary service to the Yunnan province and China. We are confident that their expertise of the Indian and international markets combined with our understanding of the Chinese market will be immensely helpful in developing world class hotels at the historical Kunming Expo Garden.”

About Taj
Taj is the flagship brand for the world's most discerning travelers seeking authentic experiences given that luxury is a way of life to which they are accustomed. Spanning world-renowned landmarks, modern business hotels, idyllic beach resorts, authentic grand palaces and pastoral rustic safari lodges, each Taj hotel reinterprets the tradition and hospitality in a refreshingly modern way to create unique experiences and lifelong memories. Taj also encompasses a unique set of iconic properties rooted in history and tradition that deliver truly unforgettable experiences.

About Vivanta By Taj
Vivanta by Taj Hotels & Resorts span options for the work-hard-play-hard traveler across metropolitan cities, other commercially important centers as well as some of the best-loved vacation spots. Stylish and sophisticated, Vivanta by Taj delivers premium hotel experiences with imagination, energy and efficiency. It's the flavour of contemporary luxury, laced with cool informality and the charming Taj hospitality.

About Taj Hotels Resorts and Palaces
Established in 1903, Taj Hotels Resorts and Palaces is one of Asia's largest and finest group of hotels, comprising 93 hotels in 53 locations across India with an additional 16 international hotels in the Maldives, Malaysia, Australia, UK, USA, Bhutan, Sri Lanka, Africa and the Middle East. From world-renowned landmarks to modern business hotels, idyllic beach resorts to authentic Grand Palaces, each Taj hotel offers an unrivalled fusion of warm Indian hospitality, world-class service and modern luxury. For over a century, The Taj Mahal Palace, Mumbai, the iconic flagship has set a benchmark for fine living with exquisite refinement, inventiveness and warmth. Taj Hotels Resorts and Palaces is part of the Tata Group, India's premier business house. www.tajhotels.com

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