Guoman Hotels' Charing Cross Set to Invest GBP2.5m in Buckingham Wing Transformation

LONDON, October 13, 2010 - Guoman Hotels' most centrally-located London hotel, Charing Cross, is
undergoing a GBP2.5m transformation to its Buckingham Wing, to be named The
Executive Wing.

Complete with its own check-in reception desk and dedicated concierge
service, the 85-bedroomed wing will become an exclusive area within the
deluxe hotel. In response to feedback from Charing Cross' business and
leisure travellers, each room will include black out blinds, large work
stations with Wi-Fi, Hypnos beds (a brand recommended by the Queen), rain
head showers and tea/coffee facilities, for the optimum guest experience.

The Executive Wing will be chic and intimate with the interior design
bringing this vision to life through use of rich dark shades, opulent fabrics
and signature statement pieces, designed to reflect the hotel's iconic
location at the official centre-point of London, next to the Eleanor Cross.

Guests staying in the new Executive Wing at the luxury hotel near Charing
Cross (www.guoman.com/en/hotels/united_kingdom/london/charing_cross/index.html)
will also have access to the Guoman Club Lounge, a private area to work or
relax within discreet, stylish surroundings.

The project, due to be completed in February 2011, will add to the
hotel's further refurbishment which will cost a total of GBP3m - inclusive of
the restaurant, staircase and lounge areas. The refurbishments will enhance
the Grade II listed building's Victorian frame to a four-star deluxe standard
with chic contemporary design.

Riddian Davies, general manager of Guoman's Charing Cross hotel
commented: "We're extremely confident our ambitious plans will secure Charing
Cross' position as the preferred choice for business travellers looking to
stay at very centre of London. We've been very selective in addressing all
aspects of our guest's experience; all the little touches and additional
facilities are standard. The refurbishment of the Buckingham Wing, combined
with the overall investment, will firmly establish Charing Cross' reputation
as the leading 'destination' hotel in the area."

About Guoman Hotels

Guoman Hotel Management Limited operates two hotel brands within the UK
market; Guoman Hotels, an exclusive collection of deluxe, luxury UK hotels
(www.guoman.com/en/index.html) located in central London that includes
hotels near Buckingham Palace (www.guoman.com/corporate/the_cumberland_hotel_near_buckingham_palace.html)
, and Thistle Hotels, a chain of quality full service hotels in the UK's
major cities.

Guoman Hotels in the UK consists of four landmark properties; Charing
Cross, The Cumberland, The Royal Horseguards hotel near Westminster
(www.guoman.com/corporate/royal_horseguards_hotel_near_houses_of_parliament.html)
and The Tower. Whilst each hotel in the portfolio is different
with its own unique identity and style, each provides the very highest levels
of comfort and service to its guests.

In 2010, Guoman Hotels launched internationally, with its luxury Shanghai
hotel (www.guoman.com/en/hotels/china/shanghai/guoman_hotel_shanghai/index.html).
A property in Beijing is to follow in 2011. In the UK, The Grosvenor
Victoria property will join the collection in the near future.

Guoman Hotel Management Limited is a wholly-owned subsidiary of
GuocoLeisure Ltd, part of the Hong Leong Group which has hospitality and
leisure businesses across the globe with hotels in Europe, USA, Australasia
and Asia.

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    PR contact:

    Kymberley Hill
    Head of Public Relations
    Guoman & Thistle Hotels
    The Grosvenor
    101 Buckingham Palace Road
    London
    SW1W 0SJ
    +44(0)20-7868-6322
    www.guoman.com

PR contact: Kymberley Hill, Head of Public Relations, Guoman & Thistle Hotels, The Grosvenor, 101 Buckingham Palace Road, London, SW1W 0SJ, +44(0)20-7868-6322