The hotel is connected to the 19th Century Villa Fontanasalsa, a convention center. Kempinski will open the property in Spring 2004.

Kempinski Hotels & Resorts, Europe's oldest hotel group, is owned by the Crown Property Bureau of Thailand. Founded in Germany in 1897, its portfolio is now spread throughout Europe, the Middle East, Africa, South America and Asia. In August, the company announced eight new management contracts on four continents, taking the company's portfolio to over 50 owned or managed properties for the first time in its history. Eight Years ago, the company had less than 20 hotels in its portfolio.

Kempinski president/CEO Reto Wittwer says that after opening Giardino di Costanza Grand Hotel & Spa, "it will be time for the biggest and most luxurious hotel ever built in the world." Wittwer is referring to the Bani Yas Palace in Abu Dhabi, UAE, which will open in late 2004. Set on a private beach, the Palace will offer sixteen restaurants, 390 rooms, the region's largest conference center and two spas.

In October, the company signed a management contract for a deluxe five star hotel in Bangkok's CBD, establishing the company's operational presence in Thailand. Targeting the five-star leisure market, the Siam Kempinski Hotel is scheduled to open in December 2006. The complex will include serviced apartments, with private rooftop swimming pool, and will be linked to a luxury shopping development.

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