Jaipur, May 20, 2009: Emaar MGF today unveiled Fortune Select Metropolitan (FSM), its first hospitality project in Jaipur. A modern contemporary hotel managed by ITC’s wholly-owned subsidiary, Fortune Park Hotels Ltd, the FSM raises the bar for service and amenities for the cosmopolitan business traveler. Located in the heart of Jaipur at MGF Metropolitan Mall, Bais Godam, with close proximity to the golf club and conference halls, the hotel is an expression of modern styling, designed to make every guest’s stay an enjoyable experience.

Speaking at the launch of the FSM, Sanjiv Rai, CEO (Hospitality), Emaar MGF, said, “We are delighted to open our first hotel in this historic and colourful city. Jaipur offers tremendous potential to the business and tourism industry and the opening of the Fortune Select Metropolitan is a key strategic move in expanding our presence here. We have had a long-standing relationship with Jaipur since MGF Metropolitan Mall became a preferred choice for shopaholics of the city. In an effort to strengthen this relationship, we also have significant plans in the residential space.”

To cater to the needs of families, tourists and business travelers in Jaipur, FSM comprises 90 well-appointed rooms which include 49 Standard Rooms, 35 Fortune Club Rooms and 6 Suites. All the guest rooms combine contemporary elements with efficiency and cleanliness of design. The comfortable and stylish rooms at FSM are equipped with wi-fi internet access, LCD TVs, spacious bathrooms and offer splendid view of Jaipur, the Central Business District and places of historical significance. Other amenities include the Fortune Lounge, a sun-deck, rooftop swimming pool, spa and a health club.

Speaking on the occasion, Mr Pawan Verma, Senior Executive Vice-President, ITC Ltd-Hotels Division, said, “With the opening of Fortune Select Metropolitan, its 28th hotel and the second in Jaipur, Fortune Hotels now has properties in the key destinations of Kolkata, Navi Mumbai, Gurgaon, Noida, Chennai, Bengaluru, Ahmedabad, Indore, Pune, Hyderabad and other cities across the country, serving the needs of the business and leisure traveler.” He further added, “ITC also has plans to build and own landmark Fortune Hotels in the key gateway cities of Bengaluru and Coimbatore.”

Mr. Suresh Kumar, President, Fortune Hotels, is happy that Emaar MGF’s very first hotel is opening under the Fortune Hotels brand. He says, “We are extremely happy to add another hotel in our ‘Select’ category and to partner with Emaar MGF, in this venture. Fortune Select Metropolitan is a well-designed property having spacious rooms with excellent view that offer all modern comforts and amenities and we can expect it to be seen as a preferred hotel for corporate and leisure travelers.”

The business facilities at FSM are targeted at the quintessential business traveler complementing easy accessibility with wireless connectivity, business centres, state-of-the-art conferencing facilities and meeting rooms. FSM’s two meeting rooms can accommodate 20-30 guests while the spacious banquet hall can house up to 150 guests.

Nostradamus-Bar & Lounge provides a contemporary and relaxing setting offering excellent selection of spirits, wines and beers. It also serves snacks, cold beverages, mocktails savored amid lively music.

Emaar MGF, a joint venture between MGF Developments Ltd and Emaar Properties PJSC, Dubai, is one of India's leading real estate developers. The company has been instrumental in bringing the largest FDI in the Indian real estate sector.

Headquartered in New Delhi, the company started operations in India in mid-2005 and is engaged in pan India projects across Residential, Hospitality, Retail and Commercial. As a real estate company, Emaar MGF aims to make a real and positive impact on the lives of the people with development of outstanding quality realty projects. The company has a presence across 26 cities in the country and is driven by its mission to develop and deliver unique integrated lifestyle and work place environments and planned developments and to be recognized as a responsible corporate citizen and an employer of choice. Emaar MGF has plans to construct master planned developments including residential, retail and hospitality properties to provide fully integrated self contained communities.

Fortune Park Hotels Ltd., a wholly owned subsidiary of ITC Limited, is India's fastest growing chain of first class hotels, with 52 properties and 4235 rooms, located in 40 cities in India. At present, 28 hotels are operational, while 24 are underway, in various stages of construction and refurbishment.

Fortune Hotels business model comprises of sub-categorization of the brand into extension brands - Select, Park, Inn, Resort, Apartments, Faith, Spot, Stop, Lodge, Indoville, Adventure- each catering to specific needs.

The philosophy driving the growth of Fortune Hotels is to provide contemporary accommodation with the by-line “Makes Good Business Sense”. With the latest brand campaign “Winning decisions happen with Fortune on your side “, and “Let Fortune take you places”, Fortune Hotels promises business and leisure travelers a wide choice of destinations and accommodation along with efficient service and great value. And it is fast moving ahead towards fulfilling that promise.