NASSAU, The Bahamas, June 22, 2010 (GLOBE NEWSWIRE) -- Steiner Leisure Limited (Nasdaq:STNR) today announced the commencement of operations under its newest Mandara brand, Chavana Spa, at the spa at the Chaaya Island Dhonveli hotel, in the North Male Atoll in the Maldives. A full brand conversion to Chavana Spa is anticipated to be completed in October 2010. The term of the agreement to operate this spa is ten years. In connection with this agreement, Steiner Leisure has contributed a cash investment of $550,000.
Steiner Leisure Limited Announces Agreement To Operate A New Spa At The Chaaya Island Dhonveli, North Male Atoll, Maldives
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