Grand Hyatt Shanghai has been recognized as the "Best Business Hotel in Asia" in the Best Business Hotels in Asia Awards 2003. This is the second year that a member of International Branded Hotels Shanghai has been selected since the inception of the award, a clear statement on the quality and vitality of the Hotel Industry in Shanghai . .

The awards, now in their 6th year, have become one of the most sought after prizes in the highly competitive Asia Pacific hotel industry.

Developed and produced by Business Asia Magazine in conjunction with CNBC Asia, the 2003 awards involve over 85 hotels in 14 countries in Asia Pacific with winners selected after nominees are put to popular vote. T his year saw the competition register the highest recorded number of votes in the history of the event, with an approximate total of 17,000 registered from all over the globe.

There are 30 members in the association, all of which are managed by International Branded Hotel Companies in both four and five star categories. IBHS is branch of the Shanghai Hotel Industry Association.

October 2003 ¨C All over the world, almost at this time of the year the Terry Fox Run will take place. It was no different in Shanghai. This year, approximately 10,000 Shanghai residents took part in the Shanghai 6 th Terry Fox Run held at the Century Park, Pudong. People from all walks of life contributed to the event by joining efforts to raise funds for cancer research. Also present on the day were 18 member hotels of the International Brand Hotels Shanghai (IBHS) with the participation of over 800 staff members who showed their support towards this annual cancer research fund raising event.

An approximate total of RMB 700,000 was raised exceeding the RMB300, 000 collected last year. "We are very pleased to be able to achieve this year's amount which exceeded our expectations. A big ¡®Thank You' to everyone present today and those who made the event possible," quipped Mr. Robert B Mackenzie, the newly appointed Consul-General of Canada in Shanghai.

Shanghai, China, 2 September 2003 ¡­ The International Branded Hotels in Shanghai (IBHS) join together for its first booth participation in the Asia Business Travel Mart (ABTM) 2003 inaugural event, held at the Grand Hyatt Shanghai from September 3 to 5.

A significant move for IBHS, this demonstrates a concerted effort to promote Shanghai as a world class destination for corporate meetings, conferences and incentive programmes.

Presented by Reed Travel Exhibitions, leading worldwide business to business event specialist, ABTM 2003 strives to provide unparalleled business opportunities for those eager to tap into the exceedingly lucrative and emerging Greater China market. ABTM is supported and endorsed by Shanghai Municipal Tourism Administrative Commission (SMTAC).

This highly-anticipated exhibition and conference presents a vital educational platform where travel professionals can enrich themselves with the latest in business travel trends, travel management issues and developments in the China marketplace.

Said Mr. Robert Lohrmann, Vice Chairman IBHS and General Manager, Shanghai Marriott Hotel Hong Qiao
"Our members have banded together to "tie a yellow ribbon around their hotels to welcome back the domestic and international guests who are already steadily returning to Shanghai following the recent SARS scare. We want to express our genuine hospitality and heartfelt appreciation toward guests returning to our Shanghai hotels.
Fortunately our local Government Control Bureaus have done an outstanding job to prevent any major outbreak of SARS in Shanghai with only 8 reported cases here, this situation pales into insignificance considering our population of 16 million people. We are pleased to report that our business is quickly returning to pre SARS levels at a much faster pace than we expected. This could only be achieved by the safe and healthy image that Shanghai enjoys throughout the worldwide business community. Our current occupancies clearly reflect that consumer confidence is strong and I can safely say we are already back in business in Shanghai."

Other than a strong welcoming message, the Yellow Ribbon campaign will allow guests to enjoy certain discounts at select hotels and participate in several lucky draws. Each hotel guest will receive a welcome back lapel pin and be encouraged to fully participate in the celebration.