HONG KONG SAR -�Media OutReach�- 4 December 2020 -�Lanson Place
Hospitality Management Limited (Lanson Place) is proud to announce that three of
its properties in Hong Kong and Kuala Lumpur have won a total of five
distinctive accolades in 2020.

Hong Kong

• Lanson Place Hotel, Hong Kong

Luxury
Design Hotel (Hong Kong) at World
Luxury Hotel Awards 2020

• Waterfront Suites

Luxury Boutique Serviced Apartments
(Hong Kong) at World
Luxury Hotel Awards 2020

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Kuala Lumpur

• Lanson Place Bukit Ceylon Serviced Residences

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Luxury Contemporary Serviced Apartments (Asia) at World Luxury Hotel Awards 2020

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Malaysia's
Leading Serviced Apartments at World
Travel Awards 2020

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The Best
Luxury Hotels in Malaysia at Luxury
Lifestyle Awards 2020

World Luxury Hotel Awards is a recognised global organisation providing luxury
hotels with recognition for their world class facilities and service excellence
provided to guests. While both Lanson Place Hotel and Lanson Place Bukit Ceylon Serviced
Residences have been previous winners, it marks the first time for Waterfront
Suites to win this world-renowned accolade which acknowledges and rewards their
high-quality accommodation.

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World Travel Awards is
recognised as one of the most prestigious and influential honour programmes acknowledging
outstanding global travel and tourism industry players who push the boundaries
of industry excellence. Winners are strictly selected by travel and tourism
professionals and discerning consumers worldwide. Lanson Place Bukit Ceylon
Serviced Residences has won the title of "Malaysia's Leading Serviced
Apartments" for four consecutive years, which truly reflected their ongoing
passion and commitment towards offering exceptional guest services. Luxury Lifestyle
Awards selects, acknowledges and celebrates the best luxury goods and
services around the globe for their outstanding achievements. Winners are
determined through conducting thorough category- and region-based research,
providing assurance of the highest quality.�

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Mr. Michael Hobson, Chief Executive Officer of Lanson Place,
said "We are very proud of our teams in Hong Kong
and Kuala Lumpur for being acknowledged by industry professionals for
delivering great service. Despite this difficult year, all of our Lanson Place
colleagues have continued to go above and beyond in making our guests feel at
home and we are most grateful for their dedication and hard work."

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About Lanson Place Hotel, Hong Kong:

Lanson Place Hotel, Hong
Kong combines elegance, style and convenience in equal measure. The boutique
hotel is tucked discreetly in Hong Kong's thriving Causeway Bay entertainment
and shopping hub. Its 194 rooms and penthouse suites, each with a kitchenette,
demonstrate refined luxury accommodation along with the exclusivity and comfort
of a private home. As the first member of the Small Luxury Hotels of the World�
in Hong Kong, the hotel has been delighting guests with award-winning service
and comprehensive facilities in the heart of the city for over a decade.

About Waterfront Suites:

Perched right on the shore of Eastern waterfront, with
panoramic sea view on one side, tranquil park life on another, Waterfront
Suites offers a wellness-centred lifestyle right in the heart of East Side and
its bustling blend of business, night life, culture, heritage, shopping and
nature. Featuring 75 furnished units, each with sea view and a balcony, the
uniquely-located residence is reachable via a 10-minute drive from Quarry Bay
or a mere 5-minute stroll from Sai Wan Ho MTR. With a heartfelt commitment to
service, and modern facilities including a lounge, wellness pool and a yoga
space, all our guests' lifestyle needs are covered here, from breakfast in the
morning to cocktail in the evening.

About Lanson Place Bukit Ceylon Serviced Residences:

Located in Kuala Lumpur
Golden Triangle, overlooking panoramic views of the Kuala Lumpur Tower and the
Petronas Twin Towers and within minutes' walk from Changkat Bukit Bintang,
Lanson Place Bukit Ceylon Serviced Residences combines modern luxury, tasteful
elegance and residential comfort all under one roof. As a member of the "Small
Luxury Hotels of the World�", the property offers 150 lavishly appointed
one- to three-bedroom serviced apartments accompanied by all-encompassed
amenities, facilities and unrivalled personalised services, bringing discerning
guests a seamless and stylish lifestyle.

About Lanson Place Hospitality Management Limited:

Lanson Place is a
wholly-owned subsidiary of Wing Tai Properties Limited (Wing Tai), a publicly
listed company in Hong Kong (SEHK stock code:369), currently manages nine
properties (in which two, Wing Tai has equity) comprising luxury hotels and
serviced apartments in Shanghai, Chengdu, Kuala Lumpur, Singapore and Hong Kong.
The Group will be operating brand-new luxurious serviced apartments and hotel
in Melbourne and Manila in 2022.

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Lanson Place properties
are typically located in close proximity to the central business districts in
which they operate as well as nearby shopping and entertainment precincts. The
Group strives to offer highly attentive and personalised service with the
convenience of a luxury hotel and the comfort and privacy of home.

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The Group will continue
to grow the Lanson Place brand as it explores investment and management
opportunities mainly in gateway cities in the Asia-Pacific region.