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ARGYLE GROUP

Argyle is an Australian based Hotel Management Group. The name Argyle, a kind of famous pink diamond, symbolizes the exclusive quality of service provided by the Group. With its comprehensive management systems and a reputation for successful hotel operations Argyle Group is renowned in the global tourism and hospitality industry.

Argyle Hotel Management Group is comprised of the Argyle Academy,providing exclusive and professional hospitality education and training and of five distinct Hotel brands catering to all the market segments. In China, Argyle assets under management total nearly US$ 1 billion and the Group manages 28 branded Hotels of varying star ratings totaling 7222 Rooms. Argyle has built a reputation for superior standards and service providing guests with quality experiences and owners with secure returns. In Australia, Argyle is represented by Metro Hotels, 11 unique hotels, which provide a strong foundation to the Group's continued expansion and success in China.

Argyle Hotel Group specializes in the management of quality business and star rated hotel operations. The Group benefits from one of the world¡¯ s leading marketing networks, centralized quality control systems and systemized management procedures. An International hotel management philosophy is combined with local situations ¨C implementation of strict operating standards which allows for local circumstances in order for Argyle to avoid the various risks international hotel brands face when entering the Chinese market.

Argyle's professionalism, precise and flexible managerial style, together with the range of services it provides - such as hotel consignment management, franchising operations, consulting services and hotel management education and training - win praise from both its clients and the market.

Making the most of its strongly developed presence in the hospitality education field, Argyle will maintain the development of this competitive advantage and continue to integrate the complimentary education and management sectors to further the Group development. As an extension of this strategy, Argyle will concentrate resources in the investment and management of additional hotel properties to fulfill its commitment to sustainable and vigorous growth.

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