Rosewood Hotels & Resorts

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Rosewood Hotels and Resorts, LLC
Rosewood Hotels & Resorts
Company typeSubsidiary
IndustryHospitality
Founded1979; 45 years ago (1979) in Dallas, Texas
FounderCaroline Rose Hunt
HeadquartersNew World Tower 1
18 Queen's Road Central
Hong Kong[1]
Area served
Worldwide
Key people
Sonia Cheng (CEO)
Radha Arora (President)[2]
ParentRosewood Hotel Group
Websiterosewoodhotels.com

Rosewood Hotels & Resorts is an international luxury hotel and resort company operating 28 hotels in 16 countries, currently owned by Hong Kong-based Rosewood Hotel Group (formerly New World Hospitality and rebranded in May 2013). It was founded in Dallas, Texas, in 1979 by Caroline Rose Hunt, the daughter of oil tycoon H. L. Hunt. The company was sold by Rosewood Corp. and Maritz, Wolff & Co. in 2011 to New World Hospitality for $229 million, along with five of the properties that were sold for $570 million. Arranged by Perkins Coie, the $800 million deal was awarded “Merger & Acquisition of the Year 2011” by the Americas Lodging Investment Summit.[3][4]

History

Caroline Rose Hunt founded Rosewood in 1979, desiring to create residential-style luxury hotels with attentive personalized services.[5] A year later, Hunt converted the mansion of Texas cotton magnate Sheppard King into Rosewood's first hotel, The Mansion on Turtle Creek, located in the upscale Turtle Creek neighborhood.[6][7][8]

Acquisition by Rosewood Hotel Group

Hong Kong-based company Rosewood Hotel Group (formerly New World Hospitality and rebranded in May 2013) is a subsidiary of Chow Tai Fook Enterprises, a privately owned Hong Kong-based company. Previously, Rosewood Hotel Group was the hotel management arm of New World China Land, a subsidiary of New World Group. The company announced in June 2011 that it had signed a purchase and sale agreement to acquire Rosewood Hotels & Resorts from Rosewood Corp. and Maritz, Wolff & Co. The Chief Executive Officer of Rosewood Hotel Group, Sonia Cheng, stated the deal "represents a strategic direction for our company to establish a robust presence in the international luxury hospitality arena and, particularly with our strong Asia base, Rosewood will be positioned for substantially accelerated global growth."[9][10] The deal was completed on July 29, 2011, with Rosewood Hotel Group stating in a press release that Rosewood would operate as the ultra-luxury brand of its business and that the company was looking to double the size of Rosewood's property portfolio within five years.[11]

Chief executives

  1. Robert D. Zimmer (1979–1988)
  2. Denny Alberts (1988–1998)
  3. James F. Brown (1998–2003)[12]
  4. John M. Scott III (2003–2011)[12]
  5. Sonia C.M. Cheng (2011– )

Properties and locations

Rosewood currently has 27 properties around the world, with a further 25 properties planned for opening in the future.

By Region

Current Planned Total
The Americas 15 7 22
Europe 4 7 11
Middle East 2 3 5
Asia 8 10 19
Total 29 27 56

The Americas

The Carlyle, A Rosewood Hotel

United States (7 properties, 3 planned)

  • The Carlyle, A Rosewood Hotel (New York City, New York)
  • Rosewood Mansion on Turtle Creek (Dallas, Texas)
  • Rosewood Inn of the Anasazi (Santa Fe, New Mexico)
  • Rosewood Sand Hill (Menlo Park, California)
  • Rosewood Washington, D.C. (Washington D.C.)
  • Rosewood Miramar Beach (Montecito, California)
  • Kona Village, A Rosewood Resort (Kailua-Kona, Hawaii)
  • Rosewood Houston (Houston, Texas) – 2024
  • Rosewood San Francisco (San Francisco, California) – 2026
  • Rosewood The Raleigh Miami Beach (Miami, Florida) – opening date unknown

Canada (1 property)

Mexico (3 properties, 2 planned)

  • Las Ventanas al Paraiso, A Rosewood Resort (Los Cabos, Mexico)
  • Rosewood Mayakoba (Riviera Maya, Mexico)
  • Rosewood San Miguel de Allende (San Miguel de Allende, Mexico)
  • Rosewood Mandarina (Riviera Nayarit, Mexico) – 2024
  • Rosewood Mexico City (Mexico City, Mexico) – 2024

Caribbean Atlantic (4 properties, 1 planned)

  • Rosewood Bermuda (Bermuda)
  • Rosewood Baha Mar (Nassau, Bahamas)
  • Rosewood Little Dix Bay (Virgin Gorda, British Virgin Islands)
  • Rosewood Le Guanahani St. Barth (St. Barthelemy, French West Indies)
  • Rosewood Half Moon Bay (Half Moon Bay Beach, Antigua) – 2023

Brazil (1 property)

  • Cidade Matarazzo Rosewood São Paulo

Europe

Rosewood London

European Union (4 properties, 6 planned)

  • Rosewood Castiglion del Bosco (Tuscany, Italy)
  • Hôtel de Crillon, A Rosewood Hotel (Paris, France)
  • Rosewood Villa Magna (Madrid, Spain)
  • Rosewood Vienna (Vienna, Austria)
  • Rosewood Munich (Munich, Germany) – 2023
  • Rosewood Amsterdam (Amsterdam, the Netherlands) – 2023
  • Rosewood Schloss Fuschl (Fuschlsee, Austria) – 2024
  • Rosewood Rome (Rome, Italy) – 2024
  • Rosewood Hotel Bauer Venice (Venice, Italy) – 2025
  • Rosewood Milan (Milan, Italy) – 2025

United Kingdom (1 property, 1 planned)

  • Rosewood London (London, England)
  • The Chancery Rosewood (London, England) – 2024

Middle East

United Arab Emirates (1 property)

  • Rosewood Abu Dhabi (Abu Dhabi, United Arab Emirates)

Saudi Arabia (1 property, 2 planned)

  • Rosewood Jeddah (Jeddah, Saudi Arabia)
  • Rosewood Riyadh (Riyadh, Saudi Arabia) – 2025
  • Rosewood Red Sea (Shura Island, Saudi Arabia) – 2025

Qatar (1 planned)

  • Rosewood Doha (Doha, Qatar) – 2023

Asia

Rosewood Hong Kong

Cambodia (1 property)

  • Rosewood Phnom Penh (Cambodia)

China (3 properties, 8 planned)

  • Rosewood Beijing (Beijing, China)
  • Rosewood Guangzhou (Guangzhou, China)
  • Rosewood Sanya (Hainan, China)
  • Rosewood Ningbo (Ningbo, China) – 2023
  • Rosewood Shenzhen (Shenzhen, China) – 2025
  • Rosewood Chengdu (Chengdu, China) – 2026
  • Rosewood Hangzhou (Hangzhou, China) – 2026
  • Rosewood Xi’an (Xi’an, China) – 2026
  • Rosewood Shanghai (Shanghai, China) – 2028
  • Rosewood Chonqing (Chongqing, China) – 2030

Hong Kong (1 property)

Laos (1 property)

  • Rosewood Luang Prabang (Luang Prabang, Laos)

Thailand (2 properties)

Philippines (1 planned)

  • Rosewood Hermana Mayor (Zambales Province, Philippines) – 2023

Vietnam (1 property)

  • Rosewood Hoi An (Hoi An, Vietnam)

Japan (1 planned)

  • Rosewood Miyakojima (Miyakojima, Japan) – 2024

Maldives (1 planned)

  • Rosewood Ranfaru (Ranfaru, Maldives) – 2027

References

  1. ^ "CORPORATE OFFICES". Rosewood Hotel Group. Retrieved 21 November 2020.
  2. ^ "Our Team". Rosewood Hotel Group. Retrieved 21 November 2020.
  3. ^ "ALIS AWARD WINNERS ANNOUNCED". Americas Lodging Investment Summit. Retrieved 14 February 2012.
  4. ^ "Rosewood Deal Named M&A of the Year by ALIS". Perkins Coie. Retrieved 14 February 2012.
  5. ^ "About Rosewood Hotels & Resorts". Retrieved 14 February 2012.
  6. ^ Bosch, Hayley. "Hotel Of The Day: Rosewood Mansion On Turtle Creek". Forbes. Retrieved 14 February 2012.
  7. ^ "Rosewood Mansion on Turtle Creek". Travel and Leisure. Retrieved 14 February 2012.
  8. ^ "Rosewood Mansion on Turtle Creek". U.S. News. Retrieved 14 February 2012.
  9. ^ "Rosewood is Selling the Management Group of The Mansion to New World Hospitality". D Magazine. 20 June 2011. Retrieved 14 February 2012.
  10. ^ Brandt, Nadja (20 June 2011). "Luxury-Hotelier Rosewood to Be Bought by New World China for $229 Million". Bloomberg. Retrieved 15 February 2012.
  11. ^ "New World Hospitality Completes Purchase of Rosewood Hotels & Resorts". PRNewswire. Retrieved 15 February 2012.
  12. ^ a b "James F. Brown Resigns as Rosewood Hotels & Resorts President & CEO; John Scott Named New President & CEO".{{cite web}}: CS1 maint: url-status (link)

External links