Mandarin Oriental to manage second Hotel in Macau

Mandarin Oriental Hotel Group has agreed to sign a long term contract to manage its second luxury hotel in Macau, which will be part of the prestigious mixed-use complex soon to be developed on a prime site on the Macau waterfront. The overall project, which will be owned and developed through a joint venture between Shun Tak Holdings and Hongkong Land, is scheduled to open in 2009.