Press Release

"LANGHAM PLACE" REDEFINES LUXURY AIRPORT HOTEL EXPERIENCE
Langham Hotels International Manages Langham Place Beijing Capital Airport Hotel

Langham Hotels International (LHI) announces the signing of a new management contract for its second hotel in Beijing – Langham Place, Beijing Capital Airport, which is scheduled to open in spring 2009. Strategically located adjacent to the new Terminal 3 of Beijing’s only international airport, the five-star Langham Place hotel will promise a revolutionary luxury airport hotel experience to world travellers and business guests.

The new Langham Place Hotel will open its door to meet the market’s robust demand for luxury hotels. As the political, cultural and economic capital of China, Beijing has long been the magnet for business and leisure travellers. The Olympics will further enhance the appeal of Beijing’s tourism, heating up the city’s hotel industry with a significant surge of visitors in the coming years. "Beijing will become the centre of the world’s attention when the city hosts the summer Olympic Games next year. The city’s heightened popularity will provide the perfect platform and golden opportunity for launching our new luxury Langham Place brand in China," said Dr. KS Lo, Chairman, Langham Hotels International.

Conveniently located adjacent to the newly constructed Terminal 3, Langham Place Hotel is perfectly positioned for both transit and longer term guests. The Hotel is also just minutes away from the new China International Exhibition Centre and Tianzhu Airport Industrial Zone. This ideal location makes it the preferred choice for business travellers, trade fair visitors and event organisers to the airport area.

Living up to the "Langham Place" brand, the six-storey Hotel will introduce a refreshing and stimulating hospitality experience in an ambience of modern elegance surrounded by a gallery of contemporary art and latest technology offerings. The Hotel will provide 327 luxurious bedrooms and suites, allowing guests to relax and unwind in ultimate comfort. Food and beverage facilities will include Chinese and Japanese cuisine restaurants, a bar and grill as well as an interactive all day dining buffet restaurant and Langham Place’s Portal Bar concept where Work and Play intertwine in an entertaining, contemporary atmosphere. With over 5,500 sqm of flexible function space and inspired catering service, Langham Place will be the perfect venue for staging events of varying scales. For guests desiring a rejuvenating break, the Hotel will house a magnificent Chuan Spa based on Traditional Chinese Medicine.

"Langham Place’s unique modern brand identity, together with our innovative Total Quality Management (TQM), will change the face of Beijing’s luxury hotel industry and add a new definition of contemporary hospitality to airport hotels," said Dr. KS Lo.

This management contract was signed between Capital Airport Holdings Co. and Langham Hotels International, who won over competing international luxury hotel chains with its excellent performance records and successful Langham Place brand concept. This is LHI’s third new hotel announcement within the past 6 months, reflecting the group’s ambitious expansion plan in China.

Artist Impression of the new Langham Place Beijing Capital Airport Hotel

Background Notes:

Langham has a legendary hotel heritage dating back to 1865 when The Langham in London originally opened as Europe’s first Grand Hotel. Over 140 years, this flagship hotel has been at the forefront of sophisticated and gracious hospitality. Today, all Langham Hotels worldwide inherit the same philosophy that reflects elegance in design, innovation in hospitality, genuine service and captivation of the senses creating a truly unique hotel experience.

Two distinctive brands are managed by Langham Hotels International (LHI) – The Langham and Langham Place. The Langham offers Enchanting Hospitality – a classic, timeless luxury that one will never forget. Langham Place, the younger sibling of The Langham, delivers Stimulating Hospitality that exemplifies inspirations with an individual sense of vitality and flair.

Langham Hotels International manages five luxury properties under The Langham brand across the four continents, namely London, Boston, Hong Kong, Melbourne and Auckland. The first Langham Place opened in Hong Kong in 2005, and three new additions are scheduled to open in China in 2009– with two in Beijing and one in Changchun as well as Langham Place’s first resort in Krabi, Thailand opening on January 1st 2008.

LHI is wholly owned by Great Eagle Holdings Limited, a publicly listed company (HKSE: 41) which was founded in 1963 and was listed on the Hong Kong Stock Exchange in 1972.

For information on Langham Hotels International, please visit www.langhamhotels.com.

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