Capella Hotels and Resorts is reopening the legendary Schloss Velden or Chateau Velden a historic lake-side hotel located in the breathtaking Alpine basin of southern Austria in the town on Velden. Poised gracefully above the blue-green waters of the stunning Lake W?rther in Austrias Alpine county of Carinthia and village of Velden stands a monument to the grand European hotel tradition. It is this unvarnished tradition of unparalleled service coupled with opulent luxury and historical elegance that Capella Hotels and Resorts will deliver in the rebirth of the Schloss Velden the celebrated Austrian chateau. Operating as a luxury hotel for more than 100 years the 16th century chateau will be the heart of an expansion project that will result in a luxury establishment whose optimal comforts will awe the most discriminating traveler. The Schloss Velden will make its distinguished emergence on the global hospitality stage in the spring of 2007 and will successfully radiate Capella s commitment to fulfilling every need of the affluent traveler. The celebrated historic lakeside chateau with a newly-built modern addition will house sought-after room and suites accompanied by two restaurants wine bar cigar room ballroom meeting rooms indoor and outdoor pools and a breathtaking spa. The exquisite setting cou