Nordic Hotel Forum brings to hotel market of city of Tallinn 267 new 4 star hotel rooms

PRESS RELEASE June, 14th 2007

Nordic Hotel Forum brings to hotel market of city of Tallinn 267 new 4 star hotel rooms

A business and conference hotel Nordic Hotel Forum with 267 rooms, established by the hotel operator firm Nordic Hotels OÜ and real estate developer ELL Real Estate, opens its doors on December, 9 at Viru Square 2A. Total cost of the hotel project is 350 million kroons. Nordic Hotel Forum employs 120 individuals.

„In addition to our visitors the Nordic Hotel Forum will be popular meeting place of citizens of Tallinn as our hotel is located only few meters from the heart of Tallinn – it has the best location in city,” announced Chairman of the Management Board of Nordic Hotels OÜ Feliks Mägus. „Although number of hotel rooms in Tallinn is soon approaching to number of rooms in Helsinki, under our estimation in the market is space for very well located business and conference hotels. Interest for a new hotel is keen. I believe that Tallinn can compete worthily with Helsinki and also Riga first of all in the field of conference tourism and Nordic Hotel Forum has its substantial role in it.” “As a result of analysis we reached to conclusion that demand is continually high in hotel market of Tallinn, at the same time we found also a qualified experienced operator and our common vision is now realizing,” told Chairman of the Management Board of ELL Real Estate Aldo Dapon. „To the new house the architects have approached bravely and originally, to the facade will be placed unique graphics and due to this conception suits well to the city centre.”

„Our purpose is to create for hotel visitors best surroundings for conferences, holiday and if needed out-of office work,” stated CEO of Nordic Hotel Forum Tarmo Bachmann. „With Positive, professional and helpful team of managers we create to our clients and employees best environment. Today is situation in the job market intense but actually there are many talents in the job market who are waited such employer to approach to the job market who values their talent.”

Nordic Hotel Forum:

8- storey 4 star hotel; 267 hotel rooms: 246 double rooms, 10 Double de Lux rooms, 8 suites and 3 rooms for disabled persons; On the first storey is 152-seater restaurant and 56-seater lobby bar; Conference rooms for 200 and 120 participants and convention rooms for 70, 46, 40 and 12 participants; On the 8th storey is located a Relax centre, where are for relaxation Finnish sauna and steam bath, swimming pool, Jacuzzi and exercise devices and juice bar; In underground car park is space for 34 cars.

Nordic Hotels (www.nordichotels.org) is a hotel chain operating the Nordic Hotel Skåne in Tallinn. Nordic Hotels develops and will operate the Nordic Hotel Forum in Tallinn what will be opened in this December, Nordic Hotel Bellevue in Riga what will be also opened in December and Nordic Hotel Jekabat in Old Town of Riga. The hotel chain’s purpose is to develop and operate hotels first