Cathay parent in hotel swoop

Wednesday, 04 Jun, 2007 0

HONG KONG – Cathay Pacific parent Swire is believed to be planning a chain of boutique hotels in Europe and Asia.

Swire Properties has one boutique hotel under construction in Guangzhou and is understood to be exploring sites elsewhere in Asia and throughout Europe.

The company, which has interests in aviation, beverages and shipping, is reported to be looking at boutique hotel properties across Europe and is actively looking at prospective deals, according to insiders.

Swire Properties, the group’s real estate arm, is understood to be keen to establish a portfolio of as many as 100 hotels over the next few years.

It is also understood that the hotels acquired by Swire will operate under their existing names rather than being rebranded to reflect their parent company’s identity.



 

profileimage

Ian Jarrett



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...