Le Meridien and Far East Organisation announce a change for Changi

In an amicable decision by Le Meridien Hotels and Resorts and the Far East Organisation, the companies have agreed to end Le Meridien's management of the Le Meridien Changi property on March 31, 2002.

The move is a result of Le Meridien's world wide strategy to restyle certain hotels. While relations between the Far East Organisation and Le Meridien hotels have been excellent, the owners felt Le Meridien's plans for change did not complement the Changi property and the two organisations have amicably agreed to terminate their relationship.

Le Meridien Asia Pacific Managing Director Mr Michael Sagild said:

"The Le Meridien brand remains strong in Singapore with the successful Le Meridien Singapore Orchard Hotel. A strong working relationship remains with the Far East Organisation and both companies will investigate opportunities for the future."

Le Meridien Global Chief Executive Jurgen Bartels, announced plans in September which will see an extensive upgrade to all Le Meridien owned and leased properties. With a total investment of £850m planed in the next three years the new "Art & Tech" concept, underpinned by the latest in technology and meticulous detail, will be at the heart of the renovation program.

Le Meridien Hotels around the globe epitomise the "Way hotels should be" - offering a style, quality and service the discerning traveller looks for. With an international network of 127 luxury hotels and resorts in 55 countries, Le Meridien combines the highest European standards with the distinctive, individual characteristics of the local region. Each hotel features stylishly appointed rooms, an extensive range of health and leisure facilities plus superbly prepared local and international cuisine.