Pan Pacific Hotels and Resorts Geared For Growth As Part Of UOL Group

Pan Pacific Hotels and Resorts Geared For Growth As Part Of UOL Group

July 10, 2007

    SINGAPORE, July 5 /Xinhua-PRNewswire/ -- Following the
announcement by UOL Group Limited (UOLG) on the completion
of the acquisition of Pan Pacific Hotels and Resorts Pte
Ltd from Tokyu Corporation, Pan Pacific Hotels and Resorts
is now fully assimilated into the hotel division of UOLG.

    UOLG's hotel division currently owns 13 hotels and Pan
Pacific Hotels and Resorts will add a further 11 hotels in
America, Bangladesh, Canada, Indonesia, Malaysia, Palau,
the Philippines, Singapore and Thailand.

    "We are pleased to have concluded the purchase of
this upscale brand and believe this strategic investment
will further UOLG's aim to be a global hospitality
management company.  We are confident that the synergies of
the acquisition will help both UOLG and Pan Pacific Hotels
and Resorts grow to new heights." said Mr. Gwee Lian
Kheng, President and CEO of UOL Group Limited.

    "We are excited to be part of the UOL Group and
this marks a new chapter for the company and the brand. 
With UOL Group's commitment, resources and support, Pan
Pacific Hotels and Resorts will now be able to chart a
future that will see the brand reaching its potential.  We
will be working closely with UOLG to roll out brand
initiatives and establish a stronger presence in the
marketplace," added Kevin Croley, Vice President of
Sales and Marketing, Pan Pacific Hotels and Resorts.

    Pan Pacific Hotels and Resorts, together with UOLG,
will allocate considerable resources and effort to augment
Pan Pacific Hotels and Resorts' portfolio across the
Pacific Rim.  Foremost in the plans is the establishment of
a significant presence in key cities on the West Coast of
America, Japan and China.  Pan Pacific Hotels and Resorts
will also be expanding its product range further into the
leisure market as well as the extended stay market.

    Pan Pacific Hotels and Resorts will be even more
committed to its guests and hotel partners.  Apart from
strengthening and expanding Pan Pacific Hotels and Resorts'
sales and marketing offices worldwide, there will be an
emphasis to drive greater profitability for its hotel
owners.  Guests staying at Pan Pacific hotels and resorts
can look forward to product and service enhancements which
will make their stay even more memorable.

    About Pan Pacific Hotels and Resorts

    Headquartered in Singapore, Pan Pacific Hotels and
Resorts is a leading hotel management company in the
Pacific Rim region and is part of the UOL Group, one of
Singapore's largest hotel and property companies.  Pan
Pacific Hotels and Resorts has been recognised by Conde
Nast Traveler magazine as one of the 25 hotel companies
demonstrating social responsibility.  It has a portfolio of
11 hotels and resorts throughout Asia, the Pacific and North
America and offices in San Francisco, London, Singapore,
Hong Kong and Tokyo. Pan Pacific Hotels and Resorts is a
founding member of the Global Hotel Alliance.  For more
information, visit http://panpacific.com .

    About Global Hotel Alliance

    Global Hotel Alliance currently comprises seven luxury
brands encompassing 153 upscale and luxury hotels with over
46,000 rooms in 39 different countries. Each brand is a key
player in their main region of operation: Kempinski in
Europe, Middle East and Africa, Omni in North America, Pan
Pacific in the Pacific Rim, The Leela Group in India, Dusit
in Thailand, Landis in Taiwan and China, and Marco Polo in
China and Hong Kong.



    For more information, please contact:

    Pan Pacific Hotels and Resorts
     Brenda Tan
     Marketing Communications Manager
     DID:   [phone]
     Tel:   [phone]
     Fax:   [phone]
     Email: [e-mail]

    Urban Scoop Consultancy
     Joanna Ong
     Mobile: [phone]
     Email:  [e-mail]