Grace Hotels eyes luxury boutique expansion in EMEA, the Americas and Asia
Having entered its second decade, privately-owned Grace Hotels is now planning a significant period of growth. |
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Grace Hotels eyes luxury boutique expansion in EMEA, the Americas and Asia
Having entered its second decade, privately-owned Grace Hotels is now planning a significant period of growth. |
Category: Worldwide - Industry economy
- Hotel projects
This is a press release selected by our editorial committee and published online for free on 2018-03-09
The award-winning luxury boutique hotel brand aims to have 30 more hotels open or under development in the next 10years.
Since first opening in Greece's Cyclades Islands in 2007, the richly diverse collection of properties now consists of six hotels and five further hotels under development. From idyllic Grace Mykonos and Grace Santorini with stunning sea views, to Grace Cafayate, a ranch-style property high in the wine growing region of Argentina, each experience is truly unique. Grace Mayflower Inn & Spa, Grace Vanderbilt and Grace White Barn Inn & Spa form a collection ofhistorie, landmark hotels in New England. Further new additions will include Grace Marrakech, Grace St Moritz, Grace Kalamata and Grace l(ea in Greece, and La Dolfina Grace in Argentina.
Appointed as Chief Executive Officer in September 2016, Robert Swade has focused on consolidating the group and cementing brand foundations for the next stage of expansion. To define the growth strategy, a comprehensive brand positioning and target market assessment was undertaken to highlight primary focus areas for opportunities to develop and manage hotels and mixed-use developments. A 10-year resource plan has been developed to sustain the projected number of deal signings.
Since Mr. Swade joined Grace Hotels, significant investment in leadership has been made in order to guide the group into its next decade. Recent appointments include Group Commercial Director, Alison Styles, who joined with a rich experience across luxury brands including Mandarin Oriental and Fairmont Raffles; Tim Williams as Group HR Director who joined from the Aman Group; and Mike O'Mahoney as Group Finance Director, a commercially driven CFO with over 25 years' experience in the hospitality sector. These newly-created global roles are pivotai in optimising the performance of the existing portfolio of properties and supporting the global expansion of GraceHotels.
The development of Grace Hotels will continue under the leadership of Mr. Swade and the executive team, who are committed to strengthening the brand. A robust development strategy is in place, and having firmly established its foundations, Grace Hotels is now focusing on further expanding the collection within the EMEA region and North America principally, both in key gateway cities as well as leading leisure destinations. Discussions are already underway for the management of properties in Europe andthe Caribbean.
Speaking at the International Hotel lnvestment Forum in Berlin, Mr. Swade commented: "Our strategy is to seek out outstanding, brand-consistent destinations, and eurateculturally integrated authentic local properties as part of our continued commitment to further enriching our guests' experience."
A strong pipeline, together with a dynamic executive team, will propel the brand forward and enable it to continue to set the benchmark in luxury boutique hotels.With its uncompromisingly bespoke approach, passionate and innovative team, as well as hallmark superior service, Grace Hotels will continue to strive to deliver exceptional experiences which create lasting memories for its discerning clientele.About Grace HotelsGrace Hotels(www.gracehotels.com) is an award-winning luxury hotel groupth at offers sanctuary and quality for discerning guests in the world's most sought after resorts and cities.The company's hotels have attracted critical acclaim since the first opened in Greece's Cyclades Islands in2007.Each hotel is a wholly authentic expression of its locality, allowing guests to enjoy a true immersion in local culture with an experience in corporating both tradition and modernity. The desire to deliver intuitive and generous service underpins Grace Hotels' philosophy where all staff take pride in creating memorable guest experiences which are cherished and recounted for a lifetime. Gastronomy is an integral part of ail hotels, with menus showcasing the finest local ingredients combined with international touches. Grace Hotels is part of the Libra Group, an international business group owned by the Logothetis family.
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