Raffles Expansion Reaches Sanya, China's Premier Resort Destination

Raffles Sanya, Qingshui Bay, featuring 250 guestrooms, will enjoy a beach-front location and offer residents direct access to an adjacent championship golf course. The resort will be developed by Hong Kong-listed Agile Property Holdings Ltd, the leading developer in China's fast growing Pearl River Delta region, and funds managed by global financial services firm Morgan Stanley. Panorama Hospitality, Morgan Stanley's hotel asset management, advisory and operating organization, advised Agile and Morgan Stanley on this transaction.

Raffles Sanya will be distinguished by the luxury of space and its commanding views of the bay. All rooms are generously sized at 70 square metres, and are laid out in a stepped configuration to ensure that all residents have a view of the clear waters that Qingshui Bay is renowned for.

Residents seeking an extra aura of exclusivity can look forward to 36 luxurious villas that offer striking vistas of either the ocean or the golf course. When it comes to dining and entertainment, residents at Raffles Sanya will have seven restaurants and bars to choose from, including a Chinese restaurant, all-day dining restaurant, pastry café, pool bar and grill, lobby lounge and a bar where residents will be able to enjoy the famous Singapore Sling which originated from the group's flagship Raffles Hotel, Singapore.

Residents seeking a rejuvenating wellness experience at Raffles Sanya can look forward to RafflesAmrita Spa's legendary assurance of renewal. RafflesAmrita Spa is a signature component of all Raffles hotels and resorts around the world, with the spa at Raffles Hotel Singapore and Raffles Canouan in The Grenadines acknowledged as leadings spas in their respective destinations by publications such as Condé Nast Traveller and The Robb Report. Raffles Sanya will feature a spacious RafflesAmrita Spa at over 2,000 square metres.

Raffles Sanya is also well suited for meetings, incentives and Raffles Romance weddings with a 720 square metre ballroom, four meeting rooms and a wedding chapel. A courtyard offers an outdoor alternative for special events and celebrations.

Golf enthusiasts will be delighted with the championship golf course located within close proximity of Raffles Sanya. A marina, water sport hubs and a retail village nearby add to the extensive range of leisure options available to residents.

Chen Zhou Lin, Chairman, Agile Property Holdings Ltd said, "Raffles is renowned for its ability to deliver the highest standards of service and hospitality. The brand has also gained significant recognition within China following the success of Raffles Beijing Hotel, and we are delighted to introduce the legendary Raffles experience to Sanya.

"Diana Ee-Tan, President, Raffles Hotels & Resorts added, "Sanya enjoys robust growth, at a compound annual growth rate of 20% per annum in international visitor arrivals, since 2001. It is well on its way to becoming a highly-sought after destination and Raffles is thrilled to be part of this dynamic landscape."

ABOUT SANYA
Sanya is a premier resort destination located in the southernmost part of China, on the island of Hainan. Known as ‘Hawaii of the East’, Hainan is the only destination in China which offers a favourable tropical climate all year round and has some of the most pristine beaches and crystal-clear waters in China. Sanya is also home to more than 20 ethnic groups, presenting a rich cultural landscape. International arrivals to Sanya in 2007 increased 34% over the previous year.

ABOUT AGILE
Agile Property Holdings Limited (Stock code:3383), is a Hong Kong-listed company. Agile focuses on property development and operations, and has extensive involvement in property management and decoration services, as well as renowned brand name nationwide. The Company is one of the few developers that are included in Morgan Stanley Capital International China Index and the Hang Seng Composite Index and Hang Seng Freefloat Composite Index.

RAFFLES HOTELS & RESORTS
Raffles is a collection of luxury hotels and resorts worldwide, each distinguished by its luxury, elegance and residential charm. Each hotel is a landmark in its respective city, positioned at the top of its local market and rated among the very best in the world. Raffles’ relentless pursuit of service excellence has earned for its hotels and resorts a legion of international accolades, including Condé Nast World’s Best Places to Stay and Travel & Leisure World’s Best Awards. Its flagship Raffles Hotel Singapore was voted Best Hotel in Asia in 2007 and 2008 by readers of Ultratravel magazine by The Daily Telegraph while Raffles Beijing Hotel was named Best Luxury Hotel in Beijing by Travel Trade Gazette China in 2008. Raffles Dubai, the latest addition to its portfolio, is recognised among the world’s best new hotels by Conde Nast Traveler’s 2008 Hot List, and was named Best New Hotel Development in the Middle East at the 2008 Arabian Hotel Investment Conference. Raffles Hotels & Resorts is consistently ranked among the world’s top 10 hotel brands in the annual Condé Nast Traveler Business Travel Awards. Raffles Hotels & Resorts is owned by Fairmont Raffles Hotels International, a leading global hotel company with 91 hotels and resorts worldwide under the Raffles, Fairmont and Swissôtel brands. The company also owns Fairmont and Raffles branded Residences, Estates and luxury private residence club properties. For more information, please visit www.raffles.com