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New World Hospitality Changes Name to Rosewood Hotel Group

Travel News Asia Latest Travel News Podcasts Videos Thursday, 30 May 2013
 

Hong Kong-based New World Hospitality, a rapidly expanding international hotel management company whose portfolio includes luxury Rosewood Hotels & Resorts, deluxe New World Hotels and neighbourhood lifestyle pentahotels, is changing its name to Rosewood Hotel Group.

As Rosewood is the groups marquee brand, and the one whose properties are most widely represented geographically, we feel it is more appropriate for the company to adopt the Rosewood name, said Sonia Cheng, the groups chief executive officer.

Rosewood Hotel Groups portfolio consists of 40 hotels in 14 countries that are operated and marketed as three independent brands.

Today, the Rosewood collection encompasses 18 hotels and resorts in eight countries, and plans to expand its footprint in Asia and Europe, with Abu Dhabi, London and Beijing hotels opening this year.

Rosewood is expected to more than double its current portfolio of hotels either opened or in the pipeline in the coming five years.

New World Hotels are located in Dalian, Shanghai, Wuhan, Ho Chi Minh and Manila, with an affiliated hotel in Shunde. New World Hotels is targeted to more than double in size in the next five years, with hotels in Beijing and Guiyang scheduled to open this year.

Pentahotels is represented by 15 hotels in Europe and Asia, with a target of 80 pentahotels to be in operation globally by 2020. Pentahotel Hong Kong, Kowloon will open this summer along with an additional 11 pentahotels in Europe, in the UK (five), Belgium (five) and Czech Republic (one).

New World, Hong Kong, Rosewood

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