The Ambassador Hotel, Ltd. is a Taiwan-based company engaged in operation of hotels. The Company operates three hotels in Taiwan, providing approximately 1,136 guest rooms. It also operates Chinese restaurants, western restaurants, self-service restaurants, cafeterias, bars, Le Bouquet bakery, Aqua Lounge restaurant, conference and dining halls, as well as parking lots, gyms and entertainment places. During the year ended December 31, 2008, the Company obtained approximately 60% and 34% of its total revenue form guest room services and restaurants, respectively. The Company operates its businesses principally in Taiwan.