Press Release


Press Release

Traders Hotel, Manila's Management Contract Extended By New Riviera Hotel Development Company for Twenty More Years

Shangri-La International Hotel Management Ltd. and New Riviera Hotel Development Company Inc. signed an addendum to extend the management contract for Traders Hotel, Manila an additional 20 years, commencing from January 1, 2015.

The signing was held at Traders Hotel, Manila today and attended by New Riviera Hotel Development Company Inc. Chairman Julie Benedicto, New Riviera Hotel Development Company Inc. Director/President and Chief Executive Officer Kitchie Benedicto-Paulino and New Riviera Hotel Development Company Inc. Director/Chief Operating Officer and General Manager Pia De Leon together with Shangri-La International Hotel Management Ltd. President and Chief Executive Officer Greg Dogan, Makati Shangri-La Area Manager/General Manager Reto Klauser and Traders Hotel, Manila General Manager Gordon Aeria.

“We are honored to have the opportunity to manage Traders Hotel, Manila and work with New Riviera Hotel Development Company. This prestigious company is known for its numerous years of experience and dedication in the Philippine hospitality industry. The hotel’s success would not be possible without the support of our stakeholders, business partners, guests, and of course our Shangri-La family,” said Shangri-La International Hotel Management Ltd. President and Chief Executive Officer Greg Dogan.

“We selected Shangri-La to manage this property because of our profound trust and friendship with the Kuok family before the hotel transpired. Aside from being top of mind among luxury hotel brands worldwide, it also has an excellent reputation in providing hospitality from the heart.  Our company believes in the Shangri-La vision of Hospitality from a caring family.  More than a business partnership, it is the close familial bond with the Shangri-La Group through the years that made us continue with this relationship in the next two decades and hopefully beyond” said New Riviera Hotel Development Company Inc. Chairman Julie Benedicto.

Shangri-La first took over management of the 312-room property in January 1995, when it was rebranded Traders Hotel, Manila.

Conveniently located along Roxas Boulevard, overlooking the picturesque Manila Bay, the hotel offers convenient access to premier conference and exhibition facilities such as the Cultural Centre of the Philippines, Philippine International Convention Centre, World Trade Centre and Makati Business Centre. It is near Malate, the city's entertainment district, as well as Southeast Asia's biggest shopping mall, SM Mall of Asia.

About New Riviera
 
The New Riviera Hotel Development Company Inc. started its operations on May 3, 1974 under the late Ambassador Roberto Benedicto. It acquired the property and started a hotel under a different management. The company is licensed to operate hotels, restaurants and other service related businesses in the Philippines.

Hong Kong-based Shangri-La Hotels and Resorts currently owns and/or manages more than 85 hotels under the Shangri-La brand, with a room inventory of over 34,000. Traders hotels cater to today's savvy and passionate traveller with brilliant simplicity and warm sincerity. They provide a friendly yet professional environment designed to complement guests at work, rest or play. Based in major business centres in Asia Pacific and the Middle East, Traders Hotels are the practical choice for business and leisure travelers.

Traders Hotels are located in Abu Dhabi, Beijing, Brisbane, Changzhou, Dubai, Hong Kong, Johor, Kuala Lumpur, Male, Manila, Penang, Shenyang and Singapore, with a scheduled opening in Doha, Qatar. The group has a substantial development pipeline with upcoming projects in mainland China, India, Mongolia, Myanmar, Philippines, Qatar, Sri Lanka and the United Arab Emirates. For more information and reservations, please contact a travel professional or access the website at www.tradershotels.com.

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Inah Manalaysay
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(63 2) 528 2611

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3001 Roxas Boulevard Pasay City 1305, Metro Manila Philippines

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