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Chovanec Appointed at Conrad Indianapolis

  Jan Chovanec has been appointed general manager of the
Conrad Indianapolis, a luxury groundbreaking property in Indianapolis with 243
luxury guest-rooms. The hotel located at 50 West Washington Street in Indianapolis is welcoming its
topping ceremony on 16 June 2005 and will open to guests in March 2006. It is the
first luxurious hotel in Indianapolis and will be the third Conrad property in the
United States, after New York and Miami. In addition to luxurious accommodation, it
will offer upscale dining, a sophisticated spa and fitness facilities and over
10,000sqft of meeting space. Sixteen high-end residences will also be added to the
hotel.

With 20 years experience of senior management in the hotel industry, Jan Chovanec
joins Conrad Hotels from Raffles International Hotels, where he was recently general
manager of Swiss™tel The Bosphorus, and area manager responsible for Turkey and the
Middle East. Between 2000 and 2002 he was general manager of the Swiss™tel The
Watergate Washington D.C, and between 1998 and 2000 of the Swiss™tel Chicago.

An American national, Chovanec started his career in Europe, but returned to the
United States to take-up senior management roles. He was successively general
manager of the American Hospitality Company in New York in 1981, the Lafayette
Swiss™tel Boston in 1985 and the Ritz Carlton Boston. He moved to Washington DC in
1991, for Ritz Carlton. In 1993, he founded a hotel consulting company, the Dunhill
Management and Consulting Group Ltd, where he advised hotel owners and investors
until 1998.

At the Conrad Indianapolis, Chovanec will be responsible for the launch and
operation of the hotel. 

Jan Chovanec holds an MBA from the University of Economics, Bratislava, Slovakia and
majored in tourism and hotel management. He is active with local communities as
President of the Executive Committee of Istanbul Convention and Visitor Bureau. He
also holds memberships with the Istanbul Hotel Association, the Chaine des
R™tisseurs, SKAL, the American Society of Quality Control, and the Bratislava
University, Slovakia.
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