Tourexpi
Kempinski
Group has started executing a strategic plan aimed at reclaiming and
strengthening the market leadership the oldest European hospitality company has
enjoyed for over 150 years.
Kempinski
Group launches a multi-year investment plan to support the growth of the very
successful partnership with BTG Hotels. The plan will focus on four key
pillars:
Expand
the Chinese Heritage Portfolio for the Kempinski brand,
enlarging the offering for sophisticated Chinese travellers
discovering China and offering authentic Chinese heritage experiences
for the international travellers discovering this beautiful country.
Launch
a new lifestyle hospitality brand to reach 200 hotels in China over
the next five years. Leveraging the strength of BTG Hotels, the continuous
growth of the Chinese market and Kempinski's expertise in crafting unique
experiences, this new brand will enlarge the choice for Chinese customers
in China.
Continue
to strategically support the Bristoria brand portfolio and strengthen the
collaboration to expand the global expansion of the NUO brand and establish it
as a benchmark in luxury cultural hospitality worldwide.
Reinforce
the cooperation on membership system integration.
This
commitment underscores their mutual ambition to lead the way in hospitality and
meet the evolving needs of the Chinese market.
"BTG and Kempinski
have achieved tremendous success during the past two decades. China's role
on the travel and tourism stage has undergone a major shift in the last quarter
century, and Kempinski has been a part of that journey since day one,"
said Madame Li, Chairlady, BTG Hotels (Group) Co., Ltd., "We look
forward to further strengthening the long-term strategy in the
region, leveraging the hospitality expertise of Kempinski, and together,
continuing to be a driving force in the development of China's hospitality
landscape."
Commenting
on the partnership extension, Barbara Muckermann, Chief Executive Officer, Kempinski
Group, says: "Kempinski and BTG enjoy a strong partnership and rich
history together, as pioneers in luxury hospitality in China. We are very
fortunate to have BTG Hotels,
the third largest hotel group
in the country, as our partner. Our collaboration offers
us a unique advantage to continue aggressively expanding in the
region. I look forward to the next phase of the collaboration to reinforce our
position into the future."
Kempinski
originally expanded into China in 1992 with the country's first-ever
five-star luxury hotel, Kempinski Hotel Beijing Yansha Center, formerly known
as Kempinski Hotel Beijing Lufthansa Center. Following early successes in China,
Kempinski and BTG created Key Co. in 2001, a joint venture established to
operate hotels throughout China, leveraging the hospitality expertise of
Kempinski, as the oldest independent luxury hotel company in Europe, and
BTG Hotels' reputation as the most prestigious travel and tourism company
in China. In 2018, Kempinski and its long-term Chinese partner mutually
agreed to prematurely review the joint venture for another 50 years as a sign
of confidence from both parties in the partnership and the enduring potential
of this market. Today, the joint venture is one of the largest international
luxury brand operators in China, operating 22 hotels.
"We
are thrilled to cement our partnership with Kempinski," says Rick Huo,
Chairman of Key Co. and NUO International Hotels Mgmt. Co., Ltd., "This is
a significant step in expanding our portfolio and strengthening our brand
offering in China and beyond. This renewed collaboration not only
demonstrates the shared commitment of both Kempinski and BTG Hotels, but also
paves the way for increased market share, ensuring that our joint venture
continues to set new benchmarks in the industry."
As part of the renewed partnership, Kempinski and BTG Hotels will focus on Chinese travellers
by launching a new brand which will offer a curated selection of rooms,
experiences and services to cater to the evolving needs of the local demand.
"Given China's strategic importance in our strategy, this new lifestyle
brand will just reinforce our long-term
commitment to the local market and will help further expand
our footprint in the region," says Rasha Lababidi, Chief Product Officer Kempinski
Hotels, "Domestic travellers will benefit
from the best of both worlds,
Kempinski hospitality and service expertise on one hand,
distinct products and experiences specially designed for them on the other
hand. Together with BTG Hotels, I look forward to bringing this new brand to
life."
The
extension of the partnership between Kempinski Hotels and BTG Hotels
demonstrates Kempinski long-term vision to remain a key hospitality player in
the region, as part of the transformational change that the brand is going
through to develop and position Europe's oldest luxury hospitality
group as a dynamic, world-class leader in the luxury travel industry.
Image
Credit: © Kempinski Hotels
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