April 12, 2010

Viceroy To Debut Maldives Property

Los Angeles, California – Reported by Elite Traveler, the Private Jet Lifestyle Magazine

Viceroy Hotel Group announced today that the company will unveil the newest addition to its growing Viceroy Hotels and Resorts collection with the December 2010 opening of Viceroy Maldives. The property is being developed by Maldives-based, luxury hotel developer, EoN Resorts (EoN), in partnership with Mubadala Development Company (‘Mubadala’).

Viceroy Maldives, a luxury resort, is currently under construction on the pristine, crescent-shaped island of Vagaru, located in the Shaviyani Atoll, one hour north of the capital Male. Due to open in December 2010, this exclusive property will be the first Viceroy to open outside of the Americas and follows the recent successful launches of Viceroy Miami, Viceroy Snowmass in Colorado and Viceroy Anguilla in the Caribbean.

Brad Korzen, Viceroy Hotel Group Founder & CEO, commented “The addition of Viceroy Maldives to our resort portfolio, especially on the heels of three 2009 Viceroy openings and our concurrent development of Viceroy Beverly Hills and Viceroy Abu Dhabi, represents an important next step in the growth and increasingly global focus of our company.”

The Viceroy Maldives resort will feature 61 luxury villas, situated both over the crystalline water as well as on the beaches that ring the 17-acre Vagaru Island. The villas – amongst the largest in the Maldives –will boast from 1,345 to 3,300 square feet of indoor space, with generous outdoor private areas, all including plunge pools. The resort will also offer five unique food and beverage outlets, a spacious over-water spa and fitness center, a signature cantilevered pool and pool deck and a full-service dive and water sports activities center, allowing Viceroy guests to take advantage of the world-class diving, fishing and snorkeling available in the resort’s house reef and beyond.

Mubadala is a 50% shareholder in Viceroy Hotel Group, and is actively driving the expansion of the luxury Viceroy Hotels and Resorts brand into key gateway cities and destinations across the globe.