W Hotels Unveils Full Ownership Residences in Thailand

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(KOH SAMUI, THAILAND) -- For the first time in Asia, W Hotels Worldwide today unveiled The Residences at W Retreat Koh Samui, which buyers can now acquire their own vacation homes (licensed under the W brand).

Ownership will include the same level of indulgence and modern living in an enviable location with world-class design, service and access to the hottest and latest in town, whether it be entertainment, fashion, cuisine, design or music as W Hotel guests.

W Retreat Koh Samui and The Residences at W Retreat Koh Samui also represent the first retreat and residential project for W Hotels in Southeast Asia.  This oceanfront landmark is set to inspire jet set guests and locals alike with spectacular design that sets the stage for W Hotels' fully integrated contemporary lifestyle experience.  The property comprises 17 branded residences as well as the hotel comprising 75 villas - W Retreat Koh Samui.

Owned and developed by Amburaya Hotels & Resorts and Istithmar World, The Residences at W Retreat Koh Samui, Thailand, along with W Retreat Koh Samui, will bring a new dimension of cutting-edge design, contemporary lifestyle, modern comfort and a new level of indulgence to Thailand.   W Retreat Koh Samui is targeted to open in spring 2010.

"The Residences at W Retreat Koh Samui will appeal to discriminating homebuyers who are style conscious global jet setters and avid trend seekers on the trail of what's next, those seeking to be wowed by the finer things in life - particularly those inspired by the W brand's unique mix of contemporary cool design, modern comfort, and innovative style," said Sunny Bajaj, Managing Director of Amburaya Hotels & Resorts.  "This includes everyone from busy executives, those looking for a weekend or holiday home to early retirees with time to appreciate Thailand and Koh Samui's culture, cuisine, sun, sea and sand.

"Koh Samui is also the first destination in Thailand to offer Residences under the W brand, which have become the ultimate expression that our guests want to live with us 24/7, checking-in and never needing to check-out," added Bajaj.

Among the many distinguishing characteristics of The Residences at W Retreat Koh Samui is its prime location on a stunning 900 meters shoreline, surrounded by verdant foliage.  The Residences at W Retreat Koh Samui adjoin the W Retreat Koh Samui at Maenam Beach on the island's sublimely beautiful north shore -- arguably the best location on Koh Samui, given its secluded beach and interesting topography -- providing all residents and guests with excellent views.

The Residences at W Retreat Koh Samui offer owners a combination of stylish beachfront villas, ranging from three to five bedrooms and from 1,000 to 2,752 square meters.  Each residence is a study in tropical Zen style with exotic touches, and each offers full access to the signature W comforts, services and amenities available to hotel guests of the W Retreat Koh Samui.

Koh Samui is renowned as one of the best places in Asia to live and retire to.  The exchange rate allows anyone with a decent retirement fund to enjoy high-end luxuries.  Temperatures generally range from 26 to 33 degrees Celsius year round.  Thailand is home to beaches with crystal water, which in Koh Samui and at the W Retreat Koh Samui will be within walking distance of the property.  A golf course can also be found in the vicinity of the Residences.

W Hotels currently operates 35 hotels and retreats around the world.

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