PRESTIGIOUS TOP EMPLOYERSTM CHINA 2010 ACCOLADE FOR SWISSÔTEL HOTELS & RESORTS

China's Top Employers
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SINGAPORE, Jan 2010

Swissôtel Hotels & Resorts has been named one of China's Top EmployersTM for the second consecutive year in a research programme conducted by Corporate Research Foundation (CRF). CRF is a global publishing organisation that specialises in research into best business practices, identifying leaders in the field of Human Resources, Strategy and Leadership.

Meinhard Huck, President, Swissôtel Hotels & Resorts comments on the achievement, “I am delighted that Swissôtel Hotels & Resorts has been recognised as a ‘Top Employer’ for a second successive year. This is truly affirmation of our continued commitment to excellence and I am heartened that our Swissôtel credo of ‘A Passion for Perfection’ is clearly evident not only in the highest service standards but also, human capital development. We take great pride as an employer of choice and developing talent in each of the countries that we operate will remain a key focus for us as we continue to increase our global presence.”

850 companies were considered for the Top EmployersTM China 2010 selection. Spanning several months, the nationwide selection comprised three phases: nomination by industry experts, questionnaire surveys and interviews, and finally, the assessment. Of the 850, 349 companies progressed to the second phrase and eventually, only an elite 25 companies were selected as China's Top EmployersTM 2010, including Swissôtel Hotels & Resorts.

This privileged list includes Fortune 500 companies as well as renowned domestic enterprises from a range of industries including finance, pharmaceutical, IT, chemical, automotive, real estate and hospitality.

Run annually by CRF China, the China's Top EmployersTM research project offers incisive and compelling insights into some of the most forward-thinking organisations in the country. Top EmployersTM awardees are identified by in-depth research conducted by the CRF Institute, as well as comprehensive and independent company profiles written by leading journalists. Candidates were judged on the areas of talent attraction and retention, on the basis of five key criteria of Human Resource practices: Pay and Benefits, Training and Development, Career Development, Working Conditions, and Company Culture.

Established as the Corporate Research Foundation in the Netherlands in 1991, CRF has developed into an international organisation with operations that span 10 countries across three continents. CRF conducts extensive in-depth research into the management and business practices of companies. These findings are published as benchmark reports which have come to be recognised as a hallmark of quality for best practices around the globe.

Some other companies to have been named China’s Top EmployersTM 2010 include ABN AMRO TEDA Fund Management Co. Ltd., Deloitte Touche Tohmatsu CPA Ltd., Dow Chemical (China) Company Ltd., Ernst & Young, FAW-Volkswagen Automotive Co. Ltd and Sybase Software (China) Co. Ltd., amongst others. More information on the award can be found at www.crf.com

Currently Swissôtel Hotels & Resorts manages four properties in China – Swissôtel Beijing, Swissôtel Kunshan, Swissôtel Foshan and Swissôtel Grand Shanghai.

Swissôtel Hotels & Resorts

Swissôtel Hotels & Resorts is an award winning and distinctive group of deluxe hotels, combining renowned Swiss hospitality with contemporary design, personalised service, charm and efficiency. Located in popular gateway destinations and city centres, the hotels provide convenient access to business and shopping districts. The group's Swiss heritage ensures organisational competence, attention to detail, safety and a superlative guest experience.

The international hotel chain is owned by FRHI Holdings Limited, a leading global hotel company with 101 hotels and resorts worldwide under the Raffles, Fairmont and Swissôtel brands. The company also manages Fairmont and Raffles branded Residences, Estates and luxury private residence club properties.