Small Luxury Hotels of the World™ Announces £12 Million Investment
Small Luxury Hotels of the World™ (SLH), the champion of small, exclusive, independently-owned hotels around the world, has today confirmed a new structure for the company. This restructure allows for a £12 million investment over the next five years into the luxury brand by the owners of the management company and makes member hotels shareholders in Small Luxury Hotels of the World Limited.
Previously operated as a mutual company, the restructure was voted for on Monday, 4th April, 2016 by 100% of the hotels who voted. The corresponding investment will enable CEO Filip Boyen to drive the brand forward in today’s increasingly competitive landscape to execute large scale Initiatives laid out in SLH’s ambitious five-year plan.
Filip Boyen, CEO, Small Luxury Hotels of The World comments: “This restructure comes as fantastic news to Small Luxury Hotels of The World and its members. We’ve already made great strides with our strategic plan by investing in our most expensive brand campaign to the tune of $1 million. The £12 million investment will enable us to further drive our newly improved quality assurance programme; refresh our loyalty offering and advance our technology and distribution systems. The future is optimistic for SLH and with this in place we will be better placed to provide a quality service to our member hotels, guests and the travel trade”.
As a result of the restructure, the management company now jointly owns SLH with the hotels. SLH celebrated its 25th anniversary in 2015 and has grown from a collection of 70 hotels in 11 countries to over 520 hotels in more than 80 countries. This year a record 21 new hotels has been added to its portfolio including Keemala in Phuket and Althoff Villa Belrose in Saint –Tropez.
You might also like
Air India starts Bhubaneswar to Bangkok flight
The maiden direct flight of Air India from Bhubaneswar to Bangkok was flagged off by Odisha Chief Minister Naveen Patnaik from the Biju Patnaik International Airport (BPIA) yesterday. The flight
Uzbekistan to introduce visa on arrival for UK visitors in April 2017
Uzbekistan is on the verge of a well-justified boost in tourism following the announcement that visa requirements will be relaxed for UK citizens entering the country from April 2017. Rich
DGCA may ground 130 Air India pilots for skipping mandatory alcohol test
DGCA rules say all pilots and cabin crew must undergo breath-analyser test before and after flights. India’s aviation regulator DGCA has found 132 pilots and 434 cabin crew of state-owned Air


