RIO DE JANEIRO, Brazil (July 17, 2007) – Caesar Park Rio de Janeiro-Ipanema, owned and operated by Latin America’s leading hotel company, Grupo Posadas, announces hotel enhancements, including the creation of four new executive floors, as well as a lounge and a boardroom, which both provide ideal space for casual meetings or formal functions.  The updates were made in response to guest needs and improve the already award-winning hotel property located on the beachfront of Ipanema, Rio’s hottest travel destination.

The new executive floors feature 30 hotel rooms, including eight executive suites, 17 junior suites, one presidential suite and one imperial suite.  These exclusive floors provide guests with a myriad of benefits, such as:  VIP check-in; butler service; private lounge with an exclusive breakfast, free Internet, coffee and snacks, such as fresh tropical fruit; L'Occitane amenities, shoe shine; special wake-up service; first item of clothing ironed free, first hour of meeting room free.

Increasing its already 1,078 square feet of lounge, the hotel created two new meeting rooms.  Each room can accommodate up to 14 people.  While the lounge caters to casual group meetings, the boardroom is ideal for business meetings.  Both boardrooms feature the following high-tech amenities:  an LCD 50-inch television with two complementary 19-inch screens; 120-inch projection screen; fully-adapted conference table with connections for 14 laptops; digital microphones for all participants; acoustic isolation; multipoint (up to three) videoconferencing with a speed of up to 512 kbps; a total sound capacity of 480 watts; ergonomic chairs by Aeron; secretary; CD player; DVD and VHS players; laptop available with a DVD + R/RW disk drive; color multifunction fax; scanner, copier, and printer; and space for coffee breaks.

“Since opening in 1978, Caesar Park Rio de Janeiro-Ipanema continues to invest in innovations and improvements in order to provide the best and most complete hotel stay for our guests,” said Touran Rateb, general manager.  “The addition of our executive floors and meeting rooms represents our lasting dedication to guests visiting for both business and pleasure.”

Caesar Park Rio de Janeiro-Ipanema has garnered attention from both the media and the travel industry for its commitment to quality.  The property was elected “Best Hotel in Latin America" by Latin Finance Magazine, and was recently included on the Insiders' Select List by Expedia – the global leader in online travel.  The hotel was also included in the 2003 and 2004 editions of the World’s Best Awards given by Travel+Leisure Magazine.

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Grupo Posadas, with over 37 years in the hotel marketplace, operates 97 hotels and more than 18,000 rooms in 50 beach and city destinations in Mexico, Brazil, Argentina and Chile.  In Mexico, the company operates 20 percent of its rooms in the tourism segment.  Its eight hotel brands are Aqua, Fiesta Americana Grand, Fiesta Americana, Lat 19°, Fiesta Inn and One Hotels in Mexico, and in South America, it operates Caesar Park and Caesar Business, making it the leading Mexican hotel operator in Latin America.  Grupo Posadas has been listed on the Mexican Stock Exchange since 1992, with the ticker symbol “POSADAS.” For additional information, visit its website www.posadas.com.

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Media Contact: Elizabeth Ortega, Ypartnership, (407) 838-1817 / Elizabeth.Ortega@ypartnership.com