Steiner Leisure Announces Agreement to Build and Operate a new Spa at Disney's GCH...
Steiner Leisure Limited Press Release
NASSAU, The Bahamas--Sept. 15, 2005--Mandara Spa, the premier resort spa division of Steiner Leisure Limited, announced today that it has entered into an agreement to build out and operate a new luxury spa facility at Disney's Grand Californian Hotel at the Disneyland Resort in Anaheim, California. This new, larger spa will replace a smaller spa currently at this venue and will increase the amenities offered at the hotel. The architecturally stunning, AAA Four Diamond, 745-room Disney's Grand Californian Hotel is within walking distance of Disneyland park and is immediately adjacent to Disney's California Adventure theme park and the Downtown Disney retail, dining and entertainment district.
The new Mandara Spa at Disney's Grand Californian Hotel will blend the hotel's distinctive Arts and Crafts architectural style with Mandara's signature contemporary-Balinese elements. The main spa facility will be comprised of treatment rooms and a couples suite accented with Balinese-inspired art and textiles. Additional features of the spa will include a fitness center, men's and women's changing lounges, steam rooms and a sophisticated "nail spa," offering a complete array of services in a single setting. A full complement of spa offerings, custom tailored for the unique Californian setting and spa environment, will be featured.
Mandara estimates that the new spa will open in February 2006.
Leonard Fluxman, President and Chief Executive Officer of Steiner Leisure, said: "Disney is clearly a worldwide icon and operates some of the finest resort facilities in the world. Disney's Grand Californian Hotel is a magnificent resort and we are extremely pleased to be able to build our relationship with Disney at this beautiful destination."
"We are extremely pleased that Mandara will operate a new luxury spa facility in our award-winning Disney's Grand Californian Hotel," said Tony Bruno, vice president, Disneyland Resort Hotels. "This spa will further enhance the Disneyland Resort as a complete vacation destination, and it is the perfect complement to the many world-class experiences that guests can enjoy throughout our Resort."
Steiner Leisure Limited is a worldwide provider of spa services. The Company's operations include spas and salons on 121 cruise ships, and in 54 resort spas and two luxury day spas. Its cruise line and land-based resort customers include Carnival Cruise Lines, Celebrity Cruises, Crystal Cruises, Cunard/Seabourn Cruise Lines, Harrah's Entertainment, Hilton Hotels, Holland America Line, Kerzner International, Loews Hotels, Marriott Hotels, Norwegian Cruise Lines, Princess Cruises and Royal Caribbean Cruises. Its Elemis Limited subsidiary manufactures Elemis(R) brand products for use in the Company's cruise ship and land-based spas. This top quality European line of beauty products is also distributed worldwide to exclusive hotels, salons, health clubs and destination spas. Elemis(R), as well as other Steiner products, including La Therapie(R), Ionithermie, and Steiner Hair Care, are available at http://www.timetospa.com.
Steiner Leisure also owns and operates three post secondary schools (comprised of a total of seven campuses) located in Miami, Fort Lauderdale, Orlando and Sarasota, Florida; Baltimore, Maryland; York, Pennsylvania and Charlottesville, Virginia. Offering degree and non-degree programs in massage therapy and skin care, these schools train and qualify spa professionals for health and beauty positions within the Steiner family of companies or other industry entities.
Disneyland Resort is celebrating its 50th Anniversary with new entertainment and innovative attractions. Renowned as "The Happiest Place on Earth," this major vacation destination features two theme parks, an entertainment district and three hotels: Disneyland park, Walt Disney's original theme park; Disney's California Adventure park, Disney fun with a whole new attitude; Downtown Disney District, a dynamic esplanade of dining, family entertainment and shopping; the luxurious 745-room Disney's Grand Californian Hotel; the 489-room Disney's Paradise Pier Hotel; and the 990-room Disneyland Hotel.
Steiner Leisure's statements with respect to the proposed services at, and the estimated opening date of, its operations at the above resort may be deemed to be forward-looking statements under the federal securities laws. Such statements do not guarantee the timely construction or final characteristics of this new spa as known and unknown risks and other factors may preclude results that match these statements. Such risks and factors include uncertainties beyond Steiner Leisure's control that could adversely affect the timely construction and final characteristics of land based spas such as at Disney's Grand Californian Hotel, including the Company's lack of control over the construction and the venue where the spas will be located and possible weather-related, or other, delays. Other risks are described in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for 2004.