Onyx Hospitality has appointed Ethan Cai as Senior
Vice President & Head of China.
Based in the Shanghai regional office and
reporting to Craig Bond, Executive Vice President, Operations,
Onyx Hospitality Group, Ethan will lead the operations and
development of the company’s portfolio of hotels and serviced
apartments in China.
Ethan has over 20 years of hospitality industry experience.
He started his career
with Hyatt, where he was the pre-opening team member of the
acclaimed Grand Hyatt Shanghai. He later took on the role of
general manager of the hotel division of China Jin Mao Group, one
of China’s top real estate developers and owner of several notable
luxury hotel and resort developments within the country.
held various senior roles at Morgan Stanley within the real estate
investment and property divisions, where he spent time working in
China and Japan, and took the lead in budget hotel chain
investment management and was instrumental in one of the largest
industry mergers and acquisitions in China.
Ethan also worked with
PVCP Group, a European leader in development and operation of
tourism residences, as one of the core founding members of its
China JV, where he led the business development team in
successfully signing 11 different development projects over a
period of 18 months.
Most recently, Ethan co-founded a start-up company
pioneering the use of robots for the hospitality industry.
“Ethan’s depth of experience in real estate
investment, hospitality and tourism assets development, as well as
in travel innovation will be invaluable to Onyx as we continue to
explore the potential that the mainland China market brings to our
long-term expansion goals,” said Douglas Martell, President & CEO,
Onyx Hospitality Group. “As we continue to drive towards
becoming the best medium-sized hospitality player in the
Asia-Pacific region, we look forward to the new dynamics and fresh
energy that Ethan would be bringing to our company and this key
market of further expansion and opportunities.”
Based in Bangkok, Onyx Hospitality Group has an
operating portfolio of over 50 hotels and a robust development
pipeline of more than 20 new properties in markets such as China,
Japan, Laos, Malaysia, Maldives and Sri Lanka.