HotelBrain is an independent company specializing in hotel development, management and consulting. Hotel management is our core activity and area of specialization. Currently, hotelBrain operates more than 150 hotels in more than 42 destinations. 27 of these properties are members of prestigious international affiliations, namely Small Luxury Hotels of the World, Leading Hotels of the World and Relais & Chateaux (for more information please visit www.hotelbrain.com ) Hotel consulting & development The development & consulting division offers global expertise and know-how to individual hoteliers, investors and financial institutions. This is with relation to a variety of issues related to hotel feasibility studies and financial appraisals, operational & financial due diligence, hotel valuations, hotel pre-opening services, strategic planning and hotel investment (for more information please visit www.hotelbrain.com )