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Mandarin Oriental International Limited - Mandarin Oriental Hotel ...

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TOWARDS 10,000 ROOMS<br />

� Management Agreements:<br />

� Additional source of revenue with limited capital investment<br />

� 15 out of 16 projects are management contracts<br />

� Contributions will clearly increase in time<br />

� Owner of <strong>Hotel</strong> Assets:<br />

� Particularly in major cities<br />

� Unique investments with potential for long-term capital<br />

appreciation<br />

� Ensures control of brand<br />

� Increased credibility with third party owners and developers<br />

� Balanced Strategy of Ownership and Management

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