as Chief Executive Officer
|SINGAPORE, 30 September 2004 – Raffles International is pleased
to announce the appointment of Ms Leong Wai Leng as Chief Executive Officer
of Raffles International Limited with effect from 1 October 2004.
Raffles International is the hotel management arm of Raffles Holdings Limited
and markets its hotels and resorts under two brands -- Raffles Hotels &
Resorts and Swissôtel Hotels & Resorts.
Over the past year and a half, Raffles International has been on a path of steady growth with the addition of six management agreements. Three luxury resorts were added to the Raffles Hotels & Resorts portfolio, including Raffles Resort Canouan Island in the Grenadines. And through Swissôtel Hotels & Resorts, the group gained foothold in Japan and Russia with the addition of Swissôtel Nankai Osaka and Swissôtel Krasnye Holmy Moscow. This is in line with the Group’s stated objective to pursue an asset-light strategy to grow its global portfolio of hotels through an appropriate mix of management and lease contracts.
Ms Chua added, “We are reaping the benefits of this asset-light strategy and will continue to grow in this direction. Wai Leng joins me in thanking all our people for their contributions towards the growth of the company. We look forward to their continued support.”
About Raffles Holdings Limited & Raffles International Limited
Raffles Holdings Limited is a hospitality company listed on the Singapore Exchange Securities Trading Limited. It is headquartered in Singapore and has an approximate 12,000-room portfolio comprising hotels and resorts in 33 destinations across Asia, Australia, Europe, North America and South America.
Raffles International Limited is the hotel management arm of Raffles Holdings Limited. Formed in 1989, Raffles International Limited is a name well respected in the industry for its standards of quality, award-winning concepts and innovative approach towards hotel management. Raffles International markets its hotels and resorts under two brands -- Raffles Hotels & Resorts and Swissôtel Hotels & Resorts.
Director Brand Marketing
Raffles International Ltd
Tel: (65) 6430 1155
|Also See:||JSC Moskva Krasnye Holmy Appoints Raffles International to Manage a 235-room Swissôtel Branded Hotel in Moscow / June 2004|
|Hong Kong-based Veritas Limited Building Raffles Taimana Resort Tahaa, French Polynesia / August 2004|