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| CORINTHIA AQUINCUM HOTEL BECOMES RAMADA PLAZA BUDAPEST |
17/10/2007 |

17th October 2007 - The 310-room Corinthia Aquincum Hotel in Budapest, Hungary, has joined the Ramada International lodging system and was renamed Ramada Plaza Budapest at a re-flagging ceremony held on Monday, 15th October 2007. The hotel, owned by the Malta-based Corinthia Group and operated by Corinthia Hotels International, has recently upgraded its facilities in line with the exacting standards required by the upscale Ramada Plaza Brand.
Located on the Buda side of the city, facing Margaret Island and five kilometres from the city-centre, the Ramada Plaza Budapest will continue to be operated by Corinthia Hotels International in line with its joint venture agreement with the US based Wyndham Hotel Group. The Hotel will be Ramada International’s second property in Budapest and Hungary. The Ramada brand has nearly 900 hotels in 33 countries around the globe.
Welcoming Mr Balázs Bús, Mayor of Budapest`s 3rd district at the re-flagging event in front of the Hotel, newly appointed General Manager Tamas Fazekas said "We are excited about becoming a Ramada Plaza hotel. Eleven years of Corinthia operations have given this hotel an excellent reputation as one of Budapest’s leading business, leisure and Spa hotels. Ramada Plaza’s strong brand presence on the International scene now provides us with a perfect platform from which to reach an ever-wider customer base for our top class product” Concluded the general manager.
The Ramada Plaza Budapest offers 310 air-conditioned rooms and suites, 24-hour room service, an executive lounge, conference and banqueting facilities for up to 300 delegates, high speed and Wi-Fi internet access, secretarial and business centre services, a natural Thermal Spa and fitness centre with indoor pool, two restaurants, bars and lounges, in-house laundry service, beauty parlour, shops and secure parking.
About Ramada Plaza Ramada hotels are located in the United States, Canada, Costa Rica, Mexico, Czech Republic, Finland, France, Germany, Hungary, Ireland, Italy, Lithuania, Netherlands, Romania, Switzerland, United Kingdom, Egypt, Morocco, Bahrain, China, Hong Kong, India, Indonesia, Japan, Korea, Oman, Qatar, Saudi Arabia, Thailand, Turkey, United Arab Emirates, New Caledonia, and Australia. Many properties feature complimentary breakfast, an in-room, spa-inspired amenity package and high-speed Internet access. Reservations and information are available by visiting www.ramada.com. All Ramada hotels are either independently owned and franchised or managed by a subsidiary or partner of Wyndham Worldwide Corporation (NYSE: WYN.) Additional information is available at www.wyndhamworldwide.com.
About Corinthia Hotels International (CHI) CHI is a hotel operating company that is a joint venture between Malta-based International Hotel Investments plc (IHI) and Wyndham Hotel Group of the US. It undertakes hotel management operations for Corinthia Group and IHI owned or affiliated hotels as also for third party owners. CHI is also the exclusive hotel management company for Wyndham Hotel Group managed hotels in Europe, Middle East and Africa region operating under the Corinthia, Ramada Plaza and Wyndham categories. CHI has accumulated over 40 years of experience in delivering a high quality service to hotel guests and an optimum rate of return for owners and investors in diverse business environments. Its expertise extends to management of luxury and upscale properties in city and resort locations, and products ranging from boutique to large conference and meeting hotels. Corinthia this year features among the top 50 hotel groups in Europe, as reviewed by Hotel Management International, an official publication of the European Hotel Managers Association. |
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