NASSAU, The Bahamas, April 4, 2011 (GLOBE NEWSWIRE) -- Steiner Leisure Limited (Nasdaq:STNR) today announced that its spa brand Mandara Spa has entered into a new agreement to manage a spa facility at the Pullman Gurgaon Central Park hotel, located in New Delhi, India. The hotel will be managed by Accor Hotels. The hotel and spa are anticipated to commence operations in July 2011. The term of the agreement is ten years.
This spa will feature unique signature treatments by Mandara Spa, offering both local and Balinese treatments. The spa design includes a dedicated reception and retail area, four single treatment rooms, each including rain showers, and one double treatment room with a Jacuzzi tub and steam shower. The outdoor area will include two massage pavilions.
Located by the new metro link in Gurgaon, the corporate satellite city of New Delhi, Pullman Gurgaon Central Park presents a fresh approach to upscale Indian accommodation. Featuring 285 rooms, including 74 executive floor rooms and suites, Pullman Gurgaon Central Park offers an extensive range of food and beverage outlets, a large gymnasium, a designer spa with a beauty salon and state of the art technology and conference facilities.
Leonard Fluxman, President and Chief Executive Officer of Steiner Leisure, said, "We are looking forward to opening our second spa location in India and continuing to expand our collaboration with Accor Hotels."
Steiner Leisure Limited is a worldwide provider of spa services. The Company's operations include shipboard and land-based spas and salons. We provide our services on 151 cruise ships and at 69 land-based spas. Our land-based spas include resort spas, urban hotel spas and day spas and are operated under our Elemis®, Mandara®, Chavana®, Bliss® and Remede® brands. In addition, a total of 28 resort and hotel spas are operated under our brands by third parties pursuant to license agreements with the Company. Our cruise line and land-based resort customers include Caesar's Entertainment, Carnival Cruise Lines, Celebrity Cruises, Crystal Cruises, Cunard Cruise Line, Hilton Hotels, Holland America Line, InterContinental Hotels and Resorts, Kerzner International, Loews Hotels, Marriott Hotels, Nikko Hotels, Norwegian Cruise Line, P&O Cruises, Planet Hollywood, Princess Cruises, Royal Caribbean Cruises, Seabourn Cruise Lines, Sofitel Luxury Hotels, St. Regis Hotels, Thomson Cruises, W Hotels and Resorts and Westin Hotels and Resorts. Our award-winning Elemis, Bliss and Remede brands are used and sold in our cruise ship and/or land-based spas and are also distributed worldwide to exclusive hotels, salons, health clubs, department stores and destination spas. Our products are also available at www.timetospa.com and www.blissworld.com.
Steiner Leisure also owns and operates five post secondary schools (comprised of a total of 17 campuses) located in Miami, Orlando, Pompano Beach and Sarasota, Florida; Baltimore, Maryland; Charlottesville, Virginia; York, Pennsylvania; Salt Lake City and Lindon, Utah; Las Vegas, Nevada; Tempe and Phoenix, Arizona; Westminster and Aurora, Colorado; and Groton, Newington and Westport, Connecticut. Offering degree and non-degree programs in massage therapy and, in some cases, skin care, these schools train and qualify spa professionals for health and beauty positions within the Steiner family of companies or other industry entities.
Our statement with respect to the anticipated commencement of operations at the Pullman Gurgaon Central Park hotel and spa may be deemed to be a forward-looking statement within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements do not guarantee the commencement of operations as scheduled, since known and unknown risks and other factors may preclude results that match this statement. Such risks and factors include uncertainties beyond our control that could adversely affect the commencement of operations at facilities such as at the Pullman Gurgaon Central Park hotel, including, among other things, our lack of control over the construction work and possible weather-related delays. Other risks are described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for 2010. We undertake no obligation to publicly update or revise any of such forward-looking statements.
CONTACT: Leonard I. Fluxman, President and Chief Executive Officer (305) 358-9002, ext. 215
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