TravelNewsAsia.com
Fri, 19 February 2016

CEO of Mvenpick Hotels & Resorts to Step Down

The Chief Executive Officer of Mvenpick Hotels & Resorts (MHR), Jean-Gabriel Prs, is to step down after 17 years of contribution to the companys growth and success.

The Board of Mvenpick Hotels & Resorts has initiated the search for a new CEO, and a decision is expected to be reached later this year.

 Jean-Gabriel will continue to serve as CEO until his successor assumes leadership.

He will also support the transition in leadership, and will continue to make his extensive experience available to the hotel management company as a member of the Board of Directors.

During Jean-Gabriels tenure as CEO, Mvenpick Hotels & Resorts underwent a transformative evolution from a mainly European-based hotel company with a leased hotel portfolio to a modern asset-light management company with a large presence in Europe and the Middle East, and a strong entry into Africa and Asia.

2015 was one of the most successful years to date for Mvenpick Hotels & Resorts as the company signed 12 new management contracts and expanded its operating portfolio by 15%. 

See other recent news regarding: Moevenpick, Mvenpick, CEO

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