Hard Rock Hotels and Intrawest Corporation Join to Develop Lifestyle Condominium-Hotels at Unique Destinations

ORLANDO, Fla., Aug. 16 /PRNewswire/ — Hard Rock International, Inc. today announced that Lifestar Hotels LLC (its 50:50 joint venture with Sol Melia Hotels) has entered into a multi-site agreement with Intrawest Corporation to develop lifestyle Hard Rock Hotels at select Intrawest resorts.

“The announcement of our agreement with Intrawest reinforces our strategic initiative to partner with industry leaders and to facilitate our growth,” said Trevor Horwell, Vice President of Hard Rock Hotels. “Our continuing development of the Hard Rock Hotel brand is derived from our ability to maximize return for hotel owners through our unique positioning and business model. We are extremely excited to be working with Intrawest, and intend to energize the resort experience for all customers by offering a unique hotel product and consumer experience.”

“The Hard Rock Hotel brand is a great addition to any Intrawest resort,” said Gary Raymond, President and CEO, Intrawest Placemaking. “Our resorts are known for their animated pedestrian villages and a Hard Rock Hotel location will become a central meeting place for all visitors.”

Hard Rock and Intrawest are finalizing specific locations and will announce the first lifestyle condominium-hotel site shortly.

Hard Rock Hotels offer travelers access to exclusive four-star boutique hotels located in key gateway cities, exotic and sought-after vacation destinations, and soon, the mountain and warm weather resorts of Intrawest. From Chicago to Orlando and Bali to Madrid, Hard Rock Hotel guests will experience first class service and accommodations with a defined musical edge. Located in some of the most desired destinations on the planet, Hard Rock Hotels offer unique and exciting experiences for people that demand the best. World-renowned customer service, destination restaurants, high radar bar concepts, innovative cuisine, stylishly appointed guest rooms, luxury spas, and lavish and exotic pools make the Hard Rock Hotel guest experience truly first class.

Background on Lifestar Hotels Joint Venture

Lifestar Hotels LLC, the joint venture between Hard Rock International and Sol Melia SA, provides hotel owners a unique proposition to access the Hard Rock Hotel brand through long-term management agreements.

About Hard Rock International

With 120 high-energy Hard Rock Cafes and 13 Hard Rock Hotels and Casinos in more than 40 countries, Hard Rock International is one of the world’s most globally-recognized brands. Beginning with an Eric Clapton guitar, Hard Rock owns the world’s greatest collection of music memorabilia, which is displayed at its locations around the globe. Hard Rock is also known for its collectible fashion and music-related merchandise, Hard Rock Live performance venues and an award-winning website. Hard Rock International, Inc. is owned by The Rank Group Plc (NASDAQ:RANKY) . For more information on Hard Rock, visit http://www.hardrock.com/.

About Sol Melia

Sol Melia is the leading hotel company in Spain, Latin America and the Caribbean, both in the city and resort hotel markets. It is the number three hotel chain in Europe and number ten in the world. It is also the largest resort hotel operator in the world. Sol Melia currently provides more than 350 hotels in 30 countries throughout Europe, the Americas, the Mediterranean, the Middle East and Asia-Pacific through its Melia Hotels, Tryp Hotels, Sol Hotels, Paradisus Resorts and Hard Rock Hotels brands.

About Intrawest

Intrawest Corporation (NYSE: IDR; TSX: ITW) is a world leader in destination resorts and adventure travel. The company has interests in 10 resorts at North America’s most popular mountain destinations, including Whistler Blackcomb, a host venue for the 2010 Winter Olympic and Paralympic Games. Intrawest owns Canadian Mountain Holidays, the largest heli-skiing operation in the world, and an interest in Abercrombie & Kent, the world leader in luxury adventure travel. The Intrawest network also includes Sandestin Golf and Beach Resort in Florida and Club Intrawest — a private resort club with nine locations throughout North America. Intrawest develops real estate at its resorts and at other locations across North America and in Europe. Intrawest is headquartered in Vancouver, British Columbia. For more information, visit http://www.intrawest.com/.

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