Shangri-La Hotels and Resorts Opens Traders Hotel, Male, Maldives on 22 November 2010

Hong Kong based Shangri-La Hotels and Resorts announced the opening of Traders Hotel, Male, Maldives today. The 117-key property was previously owned by Male Hotel Associates Pvt Ltd. and opened in September 2009.

Traders Hotel, Male, Maldives is located in the administrative and business district of Male, a short walk from the Fish Market, Sultan Park and the Old Friday Mosque and a five-minute speedboat ride from Male Airport. It is an optional stopover point for guests at its sister property Shangri-La's Villingili Resort and Spa on Addu Atoll, just south of the equator.

The 14-storey hotel is the tallest hotel structure in downtown Male and takes advantage of the views of the Indian Ocean from its rooftop restaurant and lounge. Sixteen of the guestrooms, including the Deluxe Suite feature balconies to enjoy the sunset breeze.

Traders Hotel, Male, Maldives offers three restaurants including 24-hour Panini cafe on the lobby level, Lime for Asian and International fare and Azur, the rooftop lounge for European and Japanese fusion cuisine. In addition, room service is available around the clock to accommodate travellers on layover or with jetlag.
A striking feature of the hotel is its rooftop 18.5 metre infinity pool which appears to blend into the Indian Ocean beyond. A fitness centre with cardio vascular and strength training equipment completes the recreational facilities.

For special events, banquets or meetings, Traders Hotel, Male, Maldives offers three separate facilities including the 254 square metre ballroom for up to 300 guests.

"I am very excited to lead the conversion of Traders Hotel, Male, Maldives," said Hotel Manager Ester Marcaida. "Since the opening the hotel has already become a landmark on the island and provides the perfect start or finale to a relaxing beach holiday."

Traders, Shangri-La's mid market brand caters to today's business and leisure traveller, who is looking for simple, efficient, down to earth functionality presented with a smile. The integration into the Traders' portfolio will allow the hotel to take advantage of Shangri-La's global sales and distribution network and the brand's Golden Circle guest recognition and airline partner programmes.

To celebrate the opening, Traders Hotel, Male, Maldives is offering introductory rates of 20% off the best available rate when staying for a minimum of two consecutive nights. The offer is available until the end of the year and reservations are subject to availability. For more information or make a booking please contact the hotel on reservation.thmd@shangri-la.com, call +960 330 0888 or visit http://www.tradershotels.com .

About Shangri-La Hotels and Resorts
Hong Kong-based Shangri-La Hotels and Resorts currently owns and/or manages 69 hotels under the Shangri-La and Traders brands, with a rooms inventory of over 30,000. Traders Hotels are designed to satisfy the needs of the fast growing mid-market travel segment by offering a wide range of facilities, and efficient, practical and friendly hospitality, at competitive rates. Traders Hotels are located in Abu Dhabi, Beijing, Changzhou, Dubai, Kuala Lumpur, Manila, Penang, Shenyang, Singapore and Yangon, with scheduled openings in Iskandar and Macau. The group has over 40 projects under development in Austria, Canada, mainland China, France, India, Macau, Malaysia, the Philippines, Republic of Mongolia, Russia, Qatar, Turkey and United Kingdom. For more information and reservations, please contact a travel professional or access the website at http://www.tradershotels.com .

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