Mandarin Oriental announced three new management contracts for luxury hotels, to be developed in Paris, Taipei and Guangzhou. All three hotels are planned to open in 2010.

"The announcement of three new Mandarin Oriental hotels is an exciting development for our Group and reflects the strength of our brand today. We are moving closer to our goal of building the Group to at least 10,000 rooms worldwide while consolidating our position as one of the world's pre-eminent luxury hotel brands," said Edouard Ettedgui, Group Chief Executive of Mandarin Oriental.

The Group is the award-winning owner and operator of 20 luxury hotels with a further 14 under development. In total, Mandarin Oriental now operates, or has under development, more than 9,000 rooms in 20 countries, with 15 hotels in Asia, 12 in The Americas and seven in Europe and North Africa.