We will use the new money we hope to raise to help us to achieve our strategy of acquiring luxury hotels and resorts in high growth markets in the Middle East, Africa, Asia and Central and Eastern Europe.

269

We are a real estate investor.

122

We are delighted to have increased our ownership stake in the Four Seasons Hotel in Damascus. This transaction is firmly in line with our strategy to acquire and consolidate the minority stakes in hotels that we already own.

109

The six transactions will add 1,000 rooms to our portfolio.

96