International Hotel Investments plc - Saga Travel Group signs further 2-year agreement

On 13 August, Island Hotels Group Holdings plc announced that it signed an agreement with Saga Travel Group to extend their relationship at The Coastline Hotel in Salina Bay for a further two years beyond the current agreement which comes to an end in June 2011. This agreement will see the Saga Travel Group maintain their commitment for using the Hotel for a period up to October 2013 throughout the months of September to June in each year.

The Island Group explained that the renewal of this relationship (up to October 2013) ensures that the Coastline Hotel will enjoy very good occupancy levels over the coming years.