TEDA Travel Group Flagship Hotel Ranks Number One in Tianjin

HONG KONG, May 31 /Xinhua-PRNewswire/ — TEDA Travel Group, Inc. (BULLETIN BOARD: TTVL) , announced today that its flagship hotel, Tianjin TEDA International Club (in the city of Tianjin), is ranked Number 1 in the city in terms of occupancy rate and average room rate.

Both Tianjin TEDA International Club and TEDA International Hotel were awarded the five-star rating by China Travel Association in August of 2004. Since then the company has continued to improve their service offerings at the properties. Through new cooperation agreements with Fortune 500 corporations such as Toyota Corporation, which include such benefits as corporate discounts, short-notice reservations, and long-term residency products and services, the company has been able to obtain better operational data reflecting its hard work.

”The numbers reflect our efforts in making improvements in every aspect of the performance of our hotels,” commented Mr. Tim Gao, CEO of Hotel Operation. ”We know we set our target high, but we thrive as a company at the higher end of the scale. It is more important that we set aggressive targets, thereby creating a win-win relationship between our hotel management company and the various hotel owners.”

In March and April 2005, the average room rate of the Tianjin TEDA International Club was Number 1 in the city, surpassing the newer 5-star Sheraton Hotel located in the same area. The occupancy of this hotel was over 95% in April vs. 73.3% for all hotels with 4-star and above rating in the city.

About TEDA Travel Group, Inc.

TEDA Travel is a property management company providing services to hotels and resorts throughout China. The company is responsible for the supervision and day-to-day operations of the properties it manages. In addition to its property management division, TEDA Travel also has its own portfolio of real estate investments. Leveraged on its existing core businesses and the brand name ”TEDA,” one of most recognized names in China, TEDA Travel intends to become a market leader in the fast growing Chinese travel and real estate services industry.

About Tianjin Economic and Technological Development Area (TEDA)

Tianjin Economic and Technological Development Area (TEDA) is one of earliest approved and best state-level development zones in China. TEDA has now has a developed area of 33 square kilometers (approximately 20 square miles). TEDA is located to the southeast of Tianjin City, about 45 kilometers (27 miles) away from downtown and 140 kilometers (84 miles) from Beijing. TEDA enjoys easy access to North China, Northeast China and Northwest China.

Safe Harbor Statement

As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company’s ability to execute its business model and strategic plans; and the risks described from time to time in the Company’s SEC filings.

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