Steiner Leisure Limited Announces Agreement to Operate a Luxury Spa at the Sheraton Imperial Kuala Lumpur Hotel, Malaysia
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Steiner Leisure Limited Announces Agreement to Operate a Luxury Spa at the Sheraton Imperial Kuala Lumpur Hotel, Malaysia
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Category: Asia Pacific
This is a press release selected by our editorial committee and published online for free on 2007-11-22
Steiner Leisure Limited (NASDAQ:STNR) today announced that its luxury resort spa division, Mandara Spa, has entered into a new agreement to operate a luxury spa facility located at the Sheraton Imperial Hotel, Kuala Lumpur, Malaysia. The hotel is part of the Starwood Hotels group’s Luxury Collection of properties.
This six year agreement represents a renewal of our prior agreement to operate a spa at this hotel and will involve the renovation of the current spa at the hotel. We will pay $280,000 in connection with the renovation of that spa.
The luxury boutique spa will feature unique signature treatments by Mandara Spa and will offer local and Balinese beauty treatments. As part of the renovation, the spa will add two luxury double spa suites with sunken baths and steam showers, adding to the existing eight single treatment rooms.
The spa is estimated to open by the end of March 2008.
This hotel is located in the heart of the Golden Triangle district of Kuala Lumpur and is considered one the city’s premier hotels. The 398 guest rooms, all luxuriously appointed, include the city’s largest executive suite rooms and have dynamic views of either the city skyline or the world famous Petronas Twin Towers. With over 7,000 square feet of meeting space, three restaurants, a bar and a lounge this hotel is a favorite of the international business executive.
Leonard Fluxman, President and Chief Executive Officer of Steiner Leisure, said, "We are delighted to continue our collaboration with the prestigious Starwood Hotels and Resorts Worldwide group. We look forward to continuing to develop our unique approach to therapeutic luxury with this top quality family of hotels."
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