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Mr. Eric Waldburger is to assume the role of
President, Marco Polo Hotels in mid-July.
Mr. Waldburger is one of Asia’s most
experienced hoteliers having held senior executive and management
positions with Harbour Plaza Hotels, Ritz-Carlton, Peninsula
Hotels and Mandarin Oriental.
With his 38 years of hotel operating
experience in Asia, Mr. Waldburger will focus on the company’s
operational readiness given its current expansion plans in the
region.
Mr.
Steve Kleinschmidt, the outgoing President, will take
on the new advisory role of Vice Chairman – Asset Management from
his new base in Canada and will focus on the investment portfolio
of owned hotels and the strategic management of existing and new
owned hotels.
Commenting on the appointment, Mr Peter Woo,
Chairman of The Wharf (Holdings) Limited said, “Wharf is investing
over HK$ 8 billion to build six new hotels in China. The number of
hotels operated by Marco Polo will increase to over 20 in five
years. We own and operate excellent hotels in Hong Kong, Mainland
China, the Philippines and Thailand. In Hong Kong, our three
hotels on Canton Road have performed exceptionally well and are an
integral part of the Harbour City complex. Many of our mixed use complexes in China will see outstanding hotel
properties as part of these exciting new projects. We are
developing an overall portfolio of 125 million square feet of
properties in China. They currently represent more than a third of
our total assets.”
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