| KOR HOTEL GROUP LAUNCHES LODEN |
| March 14, 2007 |
| New downtown
Vancouver hotel complex to open this summer Kor Hotel Group has announced the launch of Loden Vancouver, its first foray into Canada. The first new hotel to enter the Vancouver market in five years, Loden will debut late summer 2007. Designed as “a striking integration of man and nature in modern balance,” the 130-room hotel will include ten suites, a 149-square-metre Penthouse Suite and a signature lobby-level restaurant and bar. Four regally appointed banquet rooms, totalling 325 square metres, as well as a formal boardroom will be housed in the adjacent converted structure. Located in Coal Harbour, Loden is minutes from the waterfront, Stanley Park, world-class shopping and the Vancouver Convention Centre. The exterior of the 14-storey hotel tower mimics ocean waves with curved glass, natural stone and copper. Crowning the mixed-use structure, an expansive rooftop deck boasting spectacular cityscape views will provide a lap pool, private cabanas, an outdoor fireplace and a lounge area within a contemplative garden setting and a lively covered bar. A second-floor fitness center will offer 93 square metres of space complete with personal trainers available upon request. Loden joins Kor Hotel Group's existing luxury hotel portfolio, which includes the ongoing development of its Viceroy and Tides branded properties in North America, Central America and the Caribbean, to significantly increase the company's dynamic international presence |