Rosewood Hotel Group

Not to be confused with New World Development, owner of several "New World" hotels, or New World Hotels (Holdings), a former listed company that was privatized in 1990.
Rosewood Hotel Group
Formerly
  • New World Hotel Group
  • New World Hospitality
  • New World Hotel Management
Company typeSubsidiary
IndustryHospitality
Predecessor
Founded2005; 19 years ago (2005) in Hong Kong
FounderNew World China Land
Headquarters
British Virgin Islands(registered office)
Hong Kong(de facto)
Area served
Worldwide
Key people
Sonia Cheng (CEO)[1][2]
Brands
ServicesHotel management
Total equityHK$1.934 billion (31 March 2015)
ParentChow Tai Fook Enterprises
Subsidiaries
Chinese name
Traditional Chinese瑰麗酒店集團
Simplified Chinese瑰丽酒店集团
Literal meaningexceptionally beautiful hotel group
Transcriptions
Websiterosewoodhotelgroup.com
Footnotes / references
source of financial data[3]

Rosewood Hotel Group,[4][1] also known for its former trading names New World Hotel Group,[4] New World Hospitality[1][5] and legal names New World Hotel Management (BVI) Limited,[5] New World Hotel Management Limited[6] is a Hong Kong–based multi-national hotel management group and the parent company of Rosewood Hotels & Resorts (founded in 1979). The company is incorporated in the British Virgin Islands as an offshore company. As of 2016, Rosewood Hotel Group was owned by Chow Tai Fook Enterprises,[7] having acquired Rosewood Hotel Group in 2015 from Chow Tai Fook Enterprises' listed associate company New World China Land for HK$1.96 billion.[3]

Rosewood Hotel Group is headed by Sonia Cheng, daughter of Henry Cheng and granddaughter of the late Cheng Yu-tung, the patriarchs of Chow Tai Fook Enterprises and New World Development.[8] She was appointed as the executive vice-chairman of New World Hotel Management Limited in February 2009 and one of the executive director of New World China Land, the parent company at that time in January 2010.[9]: 77 

  1. ^ a b c "New World Development unit may manage four more Pentahotels". South China Morning Post. Hong Kong. 5 August 2013. Retrieved 9 November 2018.
  2. ^ "Our Team". Rosewood Hotel Group. Retrieved 14 November 2018.
  3. ^ a b Cite error: The named reference hotelpressrelease was invoked but never defined (see the help page).
  4. ^ a b Cite error: The named reference NWD2013AR was invoked but never defined (see the help page).
  5. ^ a b Cite error: The named reference 2011pressrelease was invoked but never defined (see the help page).
  6. ^ "PERSONAL INFORMATION PROTECTION ACT Breach Notification Decision" (PDF) (Press release). Office of the Information and Privacy Commissioner of Alberta. 28 November 2017. Retrieved 12 November 2018.
  7. ^ Cite error: The named reference BVInews was invoked but never defined (see the help page).
  8. ^ Gluckman, Ron (August 2017). "Next Tycoon: Hong Kong's Sonia Cheng Opens New World Hotels For The Family Empire". Forbes Asia. Retrieved 9 November 2018.
  9. ^ Cite error: The named reference NWCL2010AR was invoked but never defined (see the help page).