Tokyo -- Solare Hotels and Resorts Co., Ltd () is set to commence operations of the Chisun Hotel Hiroshima (170 rooms) in Hiroshima city, on February 14th 2007. Following major renovations to the property that was previously operated by Orix, the Chisun Hotel Hiroshima will be the first Solare Group managed property in the Chugoku Region of western Japan.

The Chisun Hotel Hiroshima is centrally located on Aioi Street which is serviced by Hiroshima’s famous streetcars, near business establishments and shops. The Hiroshima Peace Memorial, the Atomic Bomb Dome and Hiroshima Municipal Baseball Stadium also are within easy access.

Major refurbishments are currently underway to align this hotel’s style and design with existing Chisun Hotels throughout Japan. New bathroom facilities will be installed, most furnishings throughout the hotel will be replaced and its interior decoration refreshed. The Chisun Hotel Hiroshima guestrooms will be equipped with the latest liquid-crystal-flat-display-screen televisions and fast Internet LAN system to provide its business and leisure guests alike with the comfort and facilities they have come to expect of Chisun hotels during their stay,

Solare Hotels & Resorts CEO A.G. Virili said; “ Hiroshima is a key domestic gateway as well as an international destination and so Solare has committed to a long term lease over this hotel. The Chisun Hotel Hiroshima will be Solare’s 14th Chisun Hotel and is designed to provide comfort and efficient business hotel services in a convenient location. We are delighted to now offer for the first time the wonderful city of Hiroshima to our clients, as part of the ever expanding Solare nationwide network.”

For additional information on the Chisun Hotel Hiroshima, please refer to the attached data sheet.

About Solare Hotels & Resorts Co. Ltd.

As of December 2006, Solare Hotels & Resorts Co. Ltd. and its almost 4,000 associates operate 46 hotels and some 9,000 rooms throughout Japan, including Chisun brand hotels, the Okinawa Marriott Resort & Spa, Holiday Inn Kyoto, Mercure Hotel Narita, and the Kobe Bay Sheraton Hotel & Towers. Solare Hotels & Resorts has numerous hotels committed or under construction which are due to open in 2007. The company’s stated goal is to more than double in size to 18,000 rooms by 2010.

Naoko Hashizume
Marketing Garden Ltd.
+81-3-3225-0008
Solare Hotels & Resorts