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Fairmont Hotels & Resorts to Welcome First Hotel in Malaysia

Fairmont Kuala Lumpur to open in 2017

TORONTO, ONTARIO -- (Marketwired) -- 01/15/14 -- Fairmont Hotels & Resorts, a luxury brand in the FRHI Hotels & Resorts (FRHI) portfolio, today announced an agreement with CITITOWER SDN BHD, a joint venture between Qatari Diar Real Estate Investment Company and KLCC (Holdings) Sdn Bhd, a wholly-owned company of Petroliam Nasional Berhad (PETRONAS), to open its first property in Malaysia. Building on the brand's growing presence in Southeast Asia, Fairmont Kuala Lumpur is set to debut in 2017.

The 62-story luxury hotel will offer 750 well-appointed guestrooms along with an executive lounge and Fairmont Gold, the luxury brand's hotel within a hotel offering. Fairmont Kuala Lumpur will also feature six dining outlets, as well as 2,787 square meters (30,000 square feet) of meeting and banquet space and recreational facilities including a swimming pool, health club and spa.

Fairmont Kuala Lumpur will be located in the Kuala Lumpur City Centre (KLCC) development, which is home to the iconic PETRONAS Twin Towers, the tallest twin buildings in the world. The project will include the hotel and one high-rise office tower, which will be connected via a six-story retail podium.

"Fairmont Kuala Lumpur is an important milestone for both our brand and for FRHI," said Jennifer Fox, president, FRHI International and Fairmont Brand. "It's a dynamic new destination for Fairmont and is our company's first hotel in Malaysia, an influential and growing market that we feel is of strategic importance. We're very excited to be entering Kuala Lumpur, a key gateway city in the region, and remain focused on expanding the Fairmont brand in Southeast Asia and other leading destinations globally."

Fairmont Kuala Lumpur will have an enviable location across from the PETRONAS Twin Towers, and will be connected to the Suria KLCC shopping complex. The hotel's public areas and guestrooms will be located on the sixth story and above, offering magnificent views of the nearby KLCC Park, as well as PETRONAS Twin Towers. Guests will also have easy access to the Kuala Lumpur Convention Centre and various office complexes through a covered walkway.

The project is being designed by Pelli Clarke Architects, a group that is associated with many prestigious projects including the PETRONAS Twin Towers and the International Financial Centre in Hong Kong.

Kuala Lumpur is the capital of Malaysia and the country's financial and cultural center, famed for its multicultural heritage, excellent shopping and diverse dining options. The KLCC development is ideally located close to many of the city's top attractions, including the Suria KLCC, a premier luxury shopping destination that also houses the PETRONAS Art Gallery, the Philharmonic concert hall, and a science center as well as cafes, restaurants and a 12-screen cinema. The nearby "Golden Triangle" district is home to the city's best nightlife and entertainment spots.

Fairmont continues to expand its presence in Asia Pacific, with a growing regional portfolio of luxury hotels and many more in development. Guests currently enjoy luxury accommodations at Fairmont Beijing, Fairmont Peace Hotel in Shanghai, Kunshan's Fairmont Yangcheng Lake, Fairmont Nanjing, Fairmont Singapore, Fairmont Makati in Manila and Fairmont Jaipur. The luxury hotel brand is also expanding with new projects set to open in Chengdu (residences 2014/hotel 2015), Jakarta (2015), Bali (2016), Taiyuan (2016), Changsha (2016), and Hangzhou (2017).

About Fairmont Hotels & Resorts

Fairmont Hotels & Resorts connects guests to the very best of its destinations worldwide, reflecting each locale's energy, culture and history. Passionate travelers choose the luxury hotel brand for its ability to deliver memorable travel experiences, personalized and thoughtful service, and hotels that are one-of-a-kind. Serving as genuine gateways to their destinations, Fairmont hotels offer locally-inspired cuisine and spirited bars and lounges, distinctive design and decor, and a steadfast responsibility to environmental and social priorities. With more than 65 hotels globally, and many more in development, landmark hotels in the Fairmont collection include The Plaza in New York, London's The Savoy, Fairmont Peace Hotel in Shanghai and Quebec City's Fairmont Le Chateau Frontenac. Fairmont is owned by FRHI Hotels & Resorts, a leading global hotel company with over 105 hotels under the Fairmont, Raffles, and Swissotel brands. The company also manages Fairmont, Raffles and Swissotel branded luxury private residences club, whole-ownership residences and serviced residences properties. For more information or reservations, please call 1-800-441-1414, visit fairmont.com or contact your local travel professional.

About FRHI Hotels & Resorts

FRHI Hotels & Resorts (FRHI) is a leading luxury hotel management company that operates more than 105 hotels globally under the Fairmont, Raffles, and Swissotel brands. The company's distinctive portfolio of luxury and upper upscale hotels features celebrated icons, world-class resorts and stylish city center hotels. Some notable hotels include the Raffles Singapore, Swissotel The Bosphorus, The Fairmont San Francisco and London's The Savoy. Focused on growing its distinctive hotel brands, the company is also developing new hotels in key locations around the world including exciting projects in China, Russia, India, Turkey and Saudi Arabia. The company also manages Fairmont and Raffles branded estates and luxury private residence club properties. For more information, please visit frhi.com.

About Qatari Diar

Qatari Diar Real Estate Investment Company, wholly owned by the Qatar Investment Authority, was established in December 2004 to support Qatar's growing economy and co-ordinate the country's real estate development and investment priorities. Qatari Diar is currently involved in more than 35 projects in more than 20 countries around the world. Visit qataridiar.com.

About KLCC (Holdings) Sdn Bhd

KLCC (Holdings) Sdn Bhd is a wholly-owned subsidiary of Petroliam Nasional Berhad (PETRONAS), Malaysia's largest oil and gas company. KLCC (Holdings) Sdn Bhd is the Master Developer of KLCC development. KLCC Group of Companies also owns the Mandarin Oriental and Traders Hotel in the KLCC development.

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