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KOR HOTEL GROUP LAUNCHES LODEN: GROUP'S FIRST FORAY INTO CANADIAN MARKET
- Partnership with Canada's Amacon brings new hotel complex to downtown Vancouver summer 2007 -
March 2007 (Los Angeles) - Kor Hotel Group, the Los Angeles-based hotel operator recognized for its unique luxury properties in sought-after destinations, announces the launch of Loden in Vancouver, British Columbia. The hotel marks the company's first foray into Canada and its first joint hotel project with Amacon, Canada's leading real estate development firm known for its progressive projects and new home communities.
"We are excited to be opening our first Canadian property in a city with such a spectacular oceanfront setting and international character," said Brad Korzen, CEO of Kor Hotel Group. "Through our partnership with Canada's Amacon, Loden is certain to contribute a distinctive new luxury option to Vancouver's coastal appeal." Marcello De Cotiis, President of Amacon added, "Kor Hotel Group and their impressive portfolio of hotels have demonstrated consistency in quality and service. We are confident that they will position Loden to become the finest hotel in Vancouver and all of Canada."
The first new hotel to enter the Vancouver market in five years, Loden is designed as a striking integration of man and nature in modern balance. When the hotel debuts in late summer 2007, Kor Hotel Group will enhance the project further with its high-caliber array of refined lifestyle amenities and civilized service luxuries.
Located in Coal Harbour, downtown Vancouver's most upscale residential neighborhood at the edge of the financial district, Loden is minutes from the waterfront, Stanley Park, world-class shopping and the Vancouver Convention and Exhibition Centre. Designed by the Vancouver-based architectural firm Hewitt & Kwasnicky, the 14-story hotel tower draws the natural wonders of coastal British Columbia into the city's cosmopolitan context with an exterior that mimics ocean waves in curved glass, natural stone and copper.
Loden Vancouver's sumptuous interior décor by San Francisco-based hospitality-design firm Babey Moulton Jue & Booth will affect a cultivated ambience through atypically bold patterns and deluxe finishes. The 78-room hotel will include seven suites, a 1,600-square-foot Penthouse Suite and a signature lobby-level restaurant and bar. A second-floor fitness center will offer 1,000 square feet of space complete with personal trainers available upon request.
Loden joins Kor Hotel Group's existing luxury hotel portfolio, which includes the ongoing development of its Viceroy and Tides branded properties in North America, Central America and the Caribbean, to significantly increase the company's dynamic international presence. As an integral part of Kor's overall growth strategy, Loden's visionary balance of world-class modern design with eco-conscious elements, its unparalleled amenities and sophisticated service represent a classic rendition of Kor's high standards and imaginative style.
Please visit www.lodenvancouver.com in April 2007 for further information.
Renderings of Loden are available upon request.
About The Kor Group
The Kor Group is a privately held real estate investment, development and management firm that is redefining the concept of home with its distinctive hotel and residential properties. Kor Hotel Group, the hospitality division of Kor, holds a diverse property portfolio and manages both its own assets and non-owned hotels under third-party management agreements. Properties include Viceroy Santa Monica and Viceroy Palm Springs, Avalon Hotel and Maison 140 in Beverly Hills, The Tides South Beach, Chamberlain West Hollywood, Campton Place San Francisco, Loden Vancouver, The Tides on Mexico’s Riviera Maya and Villa del Sol resort in Zihuatanejo on the Mexican Pacific Coast. A new Resorts & Residences division unites Kor’s hotel and residential expertise with ground-up broad-scale projects both nationally and internationally. Currently under development are two residential resort complexes in Miami, Viceroy Icon Brickell and Viceroy South Beach, two on Mexico’s Riviera Maya, Viceroy Rivie ra Maya and The Tides Playa del Carmen, as well as Kor’s initial overseas venture, Viceroy Anguilla in the British West Indies. A timely integration of Kor Hotel Group's residential and hotel development visions, these projects represent the next evolution of the Kor mission. |
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