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SUVA, Fiji Islands (January 22, 2000 – Fiji’s Daily Post)---Air Pacific has signed an agreement with Accor, Asia Pacific's largest hotel group, to build and manage a F$ 66 million (US$ 33.85 million) four-star hotel on Denarau Island.

The joint venture between Air Pacific and Accor will see another hotel added to the global network of Novotel resorts.

Work on the resort -- to be called Novotel Denarau Resort, Fiji -- will begin early this year and is expected to be completed by the end of 2001.

Accor Asia Pacific chairman, David Baffsky, said the development of the resort in Fiji was a priority for the company.

"Fiji is one of the most popular holiday destinations for Australia and New Zealand travelers, and with the Novotel Resort brand so well-established and popular, we anticipate the partnership with Air Pacific will be an outstanding success," Mr. Baffsky said.

Air Pacific chairman Gerald Barrack welcomed the partnership.

"Both Accor and Air Pacific have strong brands, a firm foothold in the leisure and conference markets, financial and marketing strength and a commitment to development of tourism in the region," he said.

The new resort will cater to an anticipated increase of tourists to Fiji of 7.6% this year, rising to above 10% in 2001 and 2002.

For additional reports from Fiji’s Daily Post, go to PACIFIC ISLANDS REPORT News/Information Links: Other News Resources/Fiji Live.

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