Viceroy Hotel Group’s Newest Property to Feature Interiors by Renowned Design Firm Yabu Pushelberg.

Mubadala Development Company (Mubadala), Eon Resorts, and Viceroy Hotel Group are pleased to announce that luxury resort Viceroy Maldives will officially debut on September 1, 2011. The intimate 61-bungalow island resort, part of the company’s steadily expanding Viceroy Hotels and Resorts brand, is set on the archipelago’s pristine 17-acre Vagaru Island.

Viceroy Maldives is being developed Vagaru Holdings Pvt Ltd – a joint venture between Mubadala and Maldives-based luxury hotel developer, EoN Resorts. The resort is the newest property in the Viceroy Hotel Group portfolio and first outside of North America. Mubadala is a 50% shareholder in Viceroy Hotel Group, and is actively driving the expansion of the luxury Viceroy Hotels and Resorts brand into key gateway cities and destinations across the globe.

“Extending the Viceroy brand across the world to the Maldives is a very exciting development for us,” says Brad Korzen, Founder and CEO of Viceroy Hotel Group. “It will be unlike any property we have seen in this market, with unparalleled design, style and service that will deliver a remarkable experience for our guests. We look forward to welcoming our clientele in September.”

“Mubadala’s approach of building successful partnerships with leading developers and brands has been critical to the delivery of this important project for Mubadala,” commented Peter Wilding, Associate Director, Mubadala Real Estate & Hospitality. “The international expansion of Viceroy is central to our hospitality strategy so I’m delighted that Mubadala and its partners are able to make this announcement today. I look forward to the official opening in September.”

Each of the resort’s luxury beachfront or water bungalows is nestled on the white sand beachfront or set directly on the turquoise sea. Private plunge pools, ensuite baths and generous outdoor areas in each bungalow allow for optimal privacy and superior comfort in an awe-inspiring setting. Viceroy Maldives will feature some of the most spacious accommodations in the Maldives, ranging from 1,300 sq feet to 3,000 sq feet. The resort’s five dining options will offer everything from casual beachside cuisine to high-end seafood fare, all using the finest and freshest ingredients available. Restaurant concepts will incorporate Asian and European influences, and private venues including an underground wine cellar will also be available for celebratory dining and chef’s table dinners.

Those looking to relax and rejuvenate can enjoy indulgent spa treatments at the resort’s over-water spa bungalows, which will include seven treatment rooms for individuals as well as couples. Natural elements such as the sun, sea and Maldivian culture will be infused into holistic treatments, allowing guests to achieve an ultimate sense of well-being and healing. Healthy cooking demonstrations, Ayurvedic treatment experiences and yoga classes will all be offered as part of the program at The Spa at Viceroy Maldives.

Guests will be awed by the transcending interiors created by Yabu Pushelberg. The award-winning firm drew inspiration from the islands’ natural beauty and culture, utilizing only the necessary elements in order to avoid competition with the unsurpassed location. From the moment guests arrive on property by seaplane and are transported to their bungalows by golf cart, they will feel an ultimate sense of calm. Whether lounging in an oversized daybed overlooking the lagoon, socializing beachside at the resort’s signature restaurant, or relaxing with children in the sophisticatedly playful kid’s zone, Viceroy Maldives exceeds the expectations of even the most discerning guest.

For additional information on Viceroy Maldives, please visit http://www.viceroyhotelsandresorts.com/maldives.
More information on Viceroy Hotel Group can be found at http://www.viceroyhotelgroup.com

About Viceroy Hotel Group

Viceroy Hotel Group delivers one-of-a-kind lifestyle experiences that bring together provocative design and intuitive service in sought-after locations. The current portfolio of managed properties includes two luxury brands, Viceroy and The Tides. Viceroy Hotels & Resorts exemplify a passion for authentic, visionary design and personalized service. Signature Viceroy amenities and services created for the brand’s diverse business and leisure guests include dynamic dining venues featuring world-class culinary talents and destination spas specializing in health, fitness and beauty. Current Viceroy properties include hotels and resorts in Santa Monica, Palm Springs, Miami, Anguilla and Snowmass, Colorado with forthcoming openings in Beverly Hills (in what is currently L’Ermitage Beverly Hills), the Maldives and Sowwah Island in Abu Dhabi. The Tides brand offers chic beachfront backdrops that inspire reconnection through cultural experiences delivered with style and spirit. Every Tides destination interprets indigenous cultural elements, expressed in each property’s décor, cuisine, and spa. The Tides collection includes hotels and resorts in Miami’s South Beach, Mexico’s Riviera Maya and Zihuatanejo, as well as upcoming developments on St. Lucia in the Caribbean, which is currently operating as Jalousie Plantation. The Urban Retreat Collection includes Avalon Hotel in Beverly Hills, Maison 140 in Beverly Hills, and Sheraton Delfina in Santa Monica.

About Mubadala Development Company

Mubadala Development Company (Mubadala) is a catalyst for the economic diversification of Abu Dhabi. Established and owned by the Government of Abu Dhabi, the company’s strategy is built on the creation of partnerships and on long-term, capital-intensive investments that deliver strong financial returns and tangible social benefits for the Emirate of Abu Dhabi, and that contribute to the growth and diversification of its economy.

Mubadala brings together and manages a multi-billion dollar portfolio of local, regional and international investments and partners with leading global organizations to operate businesses across a wide range of industry sectors. These include aerospace, energy, healthcare, information communications and technology, infrastructure, real estate and hospitality, and services ventures. For more information about Mubadala please visit http://www.mubadala.ae

About Mubadala Real Estate & Hospitality

Mubadala Real Estate & Hospitality (MREH) is a business unit of Mubadala focused on domestic and international projects in the real estate and hospitality sectors. A critical component of Mubadala’s broader mission, MREH is responsible for overseeing projects that are part of the development plans of Abu Dhabi and that help drive the local tourism sector.

With a mandate to drive Abu Dhabi’s long-term development and deliver key projects within Plan Abu Dhabi 2030: Urban Structure Framework Plan, MREH develops strategic, large scale commercial, residential and leisure districts to the best standards of quality, functionality and sustainability. Key Abu Dhabi projects include the development of Sowwah Island, Sowwah Square, Arzanah and Mina Zayed Waterfront.

Within the hospitality sector, Mubadala Real Estate & Hospitality is helping to drive the tourism sector by developing world-class hospitality projects in Abu Dhabi, attracting leading hotel operators to the Emirate. MREH also owns 50% of luxury hotel operator Viceroy Hotel Group and has been actively driving its expansion into key gateway cities and leading destinations around the world.

For more information about Mubadala please visit http://www.mubadala.ae

About EoN

Elements of Nature (EoN) is a luxury hospitality developer based in the Maldives. EoN acquires and develops thoughtfully-designed world class luxury resorts that stand out in a competitive market. EoN manages a diverse group of international shareholders and combines refreshing new concepts with strong financial and project management to build resorts that become landmark destinations. EoN projects in the Maldives include Jumeirah Vittaveli, Jumeirah Dhevanafushi, Six Senses Laamu, Constance Halaveli, Centara Grand Island Resort, and Island Hideaway at Dhonakulhi.

For more information about EoN, please visit http://www.eonresorts.com

Media inquiries:

Salam Kitmitto
Edelman Public Relations
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Carran Gannaway or Brooke Hilton
LaForce + Stevens
Viceroy@LaForce+Stevens.com
Tel: 212-242-9353