ONYX HOSPITALITY GROUP SIGNS FIRST MALDIVES PROPERTY

ONYX marks occasion at a signing ceremony on Addu

Hong Kong, 17 February 2011 – ONYX Hospitality Group, Thailand’s leading hotel management company has been appointed to manage, Herathera Island Resort, a 273-villa property. The Maldives resort will become the group’s first property outside of Thailand.

During the course of this year, the resort will undergo significant upgrades including enhancements to the beach and villas as well as the addition of numerous sports and children’s facilities. By Q4 2011, the property will be re-launched under the Amari brand, the centrepiece of the ONYX portfolio. Amari Addu Maldives will be positioned as a leading destination in the Maldives for activity and family holidays.

At the official signing ceremony held recently, Mohammed Mihad, Chief Executive Officer of Maldives Tourism Development Corporation Plc (MTDC), remarked:

“We are confident that the experienced management team at ONYX will significantly enhance the services and systems at our resort. We are focused on further developing the southern part of the Maldives with Gan International Airport as the hub. The re-launch of Herathera under new management will play a significant part in this.”

“Today we mark an important occasion as we take the first steps towards introducing a property that will be a spectacular addition to the world class tourism infrastructure here in the Maldives. This is the fist property that ONYX will manage in the Maldives, my team and I look forward to the exciting times ahead as we work closely with the leaders of the tourism and hospitality industry here to support the on-going development of the Addu Atoll and the Gan region as a vibrant destination within the Maldives. We look forward to a long and mutually rewarding partnership with MTDC “, said ONYX Chief Executive Officer, Mr Peter Henley.

Set on Addu, the southern-most atoll in the Maldives, approximately 480km south of the capital Male, the 273-villa resort features three natural lagoons, a turtle hatchery and a unique 4km beach, the longest of any resort within the archipelago. Recreational facilities at Herathera Island Resort include three swimming pools, a range of restaurants and bars, a spa and dive centre. The resort is a 20-minute speedboat ride from Gan International Airport.