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Rosewood Hotel Group Chief Executive Officer Sonia Cheng Recognized On Bloomberg Businessweek’s 2018 Bloomberg 50 List

Vlad Poptamas

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Rosewood Hotel Group CEO Sonia Chen
Reading Time: 4 minutes

 

Rosewood Hotel Group is pleased to announce that its chief executive officer Sonia Cheng has today been honored on Bloomberg Businessweek’s 2018 Bloomberg 50, the publication’s annual list of icons and innovators who have changed the global business landscape this year. Having debuted in 2017, the distinguished Bloomberg 50 list recognizes executives, entrepreneurs, experts and entertainers across a variety of fields, from finance and politics to tech and entertainment, who have actively affected their respective industries in 2018.

“It is an honor to be included on this year’s Bloomberg 50 list alongside so many incredible trailblazers who are revolutionizing their industries and business overall,” says Sonia Cheng, chief executive officer of Rosewood Hotel Group. “This is an incredibly exciting time for luxury hospitality, with access, interest and expectations for travel growing at a tremendous rate, and I am humbled by the positive market and guest feedback to Rosewood’s differentiated and modern approach to the ultra-luxury space.”

As the chief executive officer of Rosewood Hotel Group, Sonia Cheng is responsible for the overall vision and the global expansion of Rosewood Hotel Group, one of the world’s fastest growing hotel companies that encompasses 63 hotels in 22 countries, with over 40 additional hotels over the next five years across its four distinct brands: Rosewood® Hotels & Resorts, New World™ Hotels & Resorts, penta®hotels, and its latest brand, KHOS™. Since becoming CEO in 2011, Cheng has led Rosewood Hotel Group to widespread acclaim, growing the portfolio by 50% and expanding into new territories in cultural capitals and resort destinations alike.

2018 has been a pivotal year for the group as it consolidates its position as one of the most dynamic hospitality companies in the industry with its ultra-luxury Rosewood Hotels & Resorts brand continuing its considered global expansion with four new/renovated properties in exotic destinations, and as it prepares for the opening of an additional five properties in 2019, including the highly-anticipated Rosewood Hong Kong slated to open March 17 on Hong Kong’s Victoria Harbour. Additional recent accomplishments include the establishment of KHOS, an innovative concept for business hotels with a distinct lifestyle orientation; the launch of Asaya, a holistic wellness concept rooted in the belief of self-acceptance and self-discovery; and Rosewood Explorers, a new and differentiated children’s club concept designed to inspire creativity and social responsibility through fun and adventure. Through these achievements, in addition to the impressive track-record of new hotel openings and deal signings such as that of the recently-renovated and reopened Hôtel de Crillon, A Rosewood Hotel in Paris and the former American Embassy in London’s Grosvenor Squareand the development of brand-wide initiatives that appeal to the modern traveler, Cheng has revitalized the beloved Rosewood into a contemporary luxury brand that is top of mind for today’s affluent consumer.

Sonia Cheng’s inclusion on the 2018 Bloomberg 50 list represents the latest in a long line of awards and accolades that the hotel group and its chief executive officer have been recognized with in 2018. Additional honors awarded to Sonia Cheng this year include coveted spots on Fast Company’s Most Creative People in Business list and Fortune’s 40 Under 40 list, both of which recognize visionary and influential leaders whose accomplishments have impacted their industries and the international business sphere at large. 2018 also marks the year when Architectural Digest (China) named her one of their People of the Year, and Conde Nast Traveler (China) included her in their annual Movers and Shakers list of the industry’s 10 most influential and transformative leaders.

Beyond accolades earned by Cheng, the ultra-luxury Rosewood Hotels & Resorts collection and its 24 hotels worldwide have received immense recognition from the most reputable authorities in the travel and hospitality industry. From top-tier publications including Conde Nast Traveler and Travel + Leisureto consumer-driven resources such as Trip Advisor, Rosewood’s distinct properties and their luxurious amenities have consistently ranked amongst the best in the world.

Notable recognition received by Rosewood in 2018 includes:

  • Forbes Travel Guide’s 2018 Star Rating List – 14 properties recognized, including five that received 5-star rankings and nine that received 4-star rankings
  • Conde Nast Traveler’s 2018 Readers’ Choice Awards – 16 properties recognized, 10 of which ranked within the top five in their respective categories
  • Conde Nast Traveler’s 2018 Hot List – Three properties recognized, making Rosewood Hotels & Resorts the most highly awarded hotel group on the list
  • Global Traveler’s 2018 Hotel of the Year award – Rosewood Hotels & Resorts recognized as top hotel brand
  • TripAdvisor’s Most Excellent Hotel Chains – Rosewood Hotels & Resorts recognized as the #10 Most Excellent Small Hotel Chain globally
  • TripSavvy’s 2018 Editors’ Choice Awards – four properties recognized
  • Elite Traveler’s Top 100 Suites – four properties recognized
  • Travel + Leisure’s 2018 World’s Best Awards – six properties recognized and Rosewood Hotels & Resorts ranked the sixth top hotel brand in the world
  • Travel + Leisure’s 2018 It List – two properties recognized
  • US News and World Report’s 2018 Best Hotels – 15 properties recognized on “top hotels in their regions” lists, including four that ranked first in their respective categories and eleven that received a top ten percent ranking of all hotels in their respective countries
  • TripAdvisor’s Travelers’ Choice Awards – six properties recognized
  • Wine Spectator’s 2018 Restaurant Awards – four properties recognized
  • Town & Country’s 2018 Hotel Awards – three properties recognized

Additionally, the following awards lists honored one Rosewood property each:

  • TIME MAGAZINE’s 2018 World’s Greatest Places; Robb Report: Best of the Best; AFAR’s Travelers’ Choice Awards 2018; Jetsetter’s Best of the Best Awards; Travel Weekly’s Magellan Awards – Hôtel de Crillon, A Rosewood Hotel
  • Celebrated Living’s 2018 Platinum list – Rosewood London’s Scarfe’s Bar named “Best Hotel Bar”
  • Golf Digest’s 2018 Editors’ Choice Awards – Rosewood CordeValle named “Best Golf Resort in California”
  • Fodor’s Travel’s BEST Awards – Rosewood Washington, D.C. ranked in the top 10 across six distinct categories
  • World Luxury Spa Awards 2018 – Asaya at Rosewood Phuket named Best Luxury Wellness Spa in Thailand

Rosewood’s consistently strong rankings across industry lists are a testament to the hospitality brand’s commitment to providing guests with unparalleled service, inspired accommodations and amenities, and exceptional experiences in a range of unique destinations. The extensive recognition has solidified Rosewood as a global leader in luxury hospitality, bolstering the brand as it continues its trajectory of meaningful and measured growth. Upcoming highlights include Rosewood Hong Kong, a magnificent property that will play an important role in the future narrative of the brand through its commitment to creativity and innovation across all facets of luxury hospitality, as well as Rosewood Miramar Beach, Rosewood Bangkok, Rosewood Yangon and Rosewood Guangzhou. With a goal to add 50 hotels globally across its four design-led brands in the next five years, Rosewood will continue to bring its expertise to all corners of the world, offering travelers ample opportunity to explore new locales and cultures in a way in which only Rosewood can provide.

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Awards

New Research Identifies the Technology That Hotel Guests Really Want

Betty Tűndik

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Criton developed app for Cheval Residences
Reading Time: 3 minutes

 

Research conducted by leading travel technology firm Criton reveals the importance of hotel technology to improve the experience of today’s travellers

Dependence on mobile phones when travelling is brought into sharp focus by a survey of more than 3,600 travellers which reveals a growing appreciation for bespoke travel apps. Research commissioned by Edinburgh-based hospitality firm Criton, highlights that loyalty programmes, self-check-in/out and accessing your hotel room via a digital door key are primary requirements of today’s guests.

Julie Grieve, Founder and CEO of Criton

 

 The findings highlight crucial information for all hoteliers, with guests’ smartphones now recognised as an essential tool for delivering and improving their travel experience. With 45% of respondents travelling for leisure more than four times a year, findings showed that 62% of respondents regularly use an accommodation app, with the figure increasing to 67% amongst business travellers.

If their favourite hotel was to have its own app, 74% of respondents overwhelmingly stated they would use this digital channel, with only 10% favouring an in-room device such as a hotel’s smartphone or tablet. This reinforces Criton’s core belief that the future of hotel technology is own device. Hoteliers no longer need to absorb the cost of installing in-room devices when their guests travel with their own smartphone and are more comfortable with the apps and content within it.

The opportunity to check-in via an app and access their hotel room via a digital door key was warmly received with 58% likely or very likely to want this technology. With 68% finding it unacceptable to queue at reception for longer than five minutes, offering guests access to a service which global chains already offer is fast becoming a core priority for independent operators.

Respondents prioritised loyalty programmes as their favoured element of hotel technology with 53% recognising it as their top requirement. In a competitive landscape, the opportunity to drive direct and repeat bookings through a personalised loyalty programme will ensure hoteliers save on OTA commission while creating their own closed marketing group to upsell onsite services and facilities.

Underlining modern travellers’ awareness of technology, the survey found an audience ready to talk about tech use and expectations while travelling. Reflecting on the results of the survey, Julie Grieve, founder and CEO of Criton, which developed the UK’s first intuitive app builder for the hospitality sector, said:

“Increasingly, today’s travellers are downloading apps that help them get around and stay connected with their hotel. That level of tech awareness or even dependency also raises expectations for information, guest services, such as check-in, digital key and offers and incentives to reward their loyalty.

“Respondents to the survey were people who travel regularly, with the majority opting for a mid-range hotel or accommodation. It is increasingly clear that adopting technology has to be seen as an imperative for all hospitality providers; it is not something purely for the major franchises.”

Criton lets independent operators compete with big chain technology through an easy to use platform. From digitising the traditional hotel room guest book to PMS, live chat, digital door key and in-room ordering integrations all contained within a fully-branded hotel app; Criton supports hospitality businesses with their digital transformation strategies and work with clients across the UK and overseas.

Research Methodology:

An online survey ran from Tuesday 26th March until Monday 1st April and received a total of 3,654 responses, of whom 1,311 were classed as business travellers.

Key Findings:

  • 45% of travellers stated they travel for leisure 2-3 times a year
  • 36% travel for business
  • 39% use TripAdvisor as main source of research and inspiration before booking a hotel, followed by 29% of respondents relying on online search
  • 40% of travellers said they regularly stay in a 4-star (boutique) hotel, with 6% in a 5-star (luxury) hotel. The majority (47%) stated they regularly stay in a 3-star (mid-range) hotel
  • 53% have at least one hotel app on their phone
  • 74% would use a hotel app if their favourite hotel had one
  • 55% stated it is acceptable to wait at check-in 2-5 minutes
  • 62% would be likely or very likely to check-in to a hotel via an app
  • 58% would be likely or very likely to check-in to a hotel via an app and use digital key

App usage

  • 62% use an accommodation app regularly (eg Airbnb)
  • 57% use a transport app regularly
  • 47% use an airline app regularly
  • 36% uses a hotel app regularly

The hotel technology that respondents seek:

  • 53% – loyalty programmes
  • 35% – self check-in
  • 10% – in-room mobile
  • 18% – in-room tablet

Awards:

  • Criton won the ‘Best Technology Provider’ award at the 2018 Travolution Awards and was Highly Commended for Best Use of Mobile
  • Criton won the ‘Industry Breakthrough and Innovation Award’ at the ASAP Awards 2018
  • Julie Grieve, Founder & CEO won the prestigious ‘HOSPACE 2017 Best Entrepreneur Award’

 

SOURCE: Criton

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Awards

cbdMD Co-Presents Prabal Gurung’s 2019 Fall/Winter Women’s Collection Launch at Bloomingdale’s New York

Betty Tűndik

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Photo Source: prabalgurung.com
Reading Time: 3 minutes

 

Tonight, April 9, 2019, cbdMD, a Level Brands company (NYSE American: LEVB), will serve as the co-presenting sponsor with Kitchen Toke Magazine for a dinner celebrating fashion designer Prabal Gurung’s official launch of his Fall/Winter 2019 modern, luxury women’s collection at Bloomingdale’s New York. With a distinct focus on quality, innovation, and community, cbdMD’s partnership with Kitchen Toke was built on shared values.

Hosted at Café Clover, the celebratory dinner commemorates Prabal Gurung’s collection being sold in a dedicated space at Bloomingdale’s headquarters in their New York City store. Attendees, including ELLE Magazine, NY Times, The Daily, Vogue, Huffington Post, Vanity Fair, and a wealth of fashion influencers, will receive a range of cbdMD CBD oil products as well as a specialty dessert infused with cbdMD’s Natural CBD Oil.

“As our industry continues to develop and break down barriers, it’s important for CBD brands to keep category education and awareness at the forefront,” said Caryn Dunayer, Co-Founder and President of cbdMD. “Partnering with Prabal at Bloomingdale’s is a no-brainer – we are able to educate a large group of customers that align well with our mission regarding all-natural alternatives for health and wellness.”

Born in Singapore, raised in Nepal, Gurung has excelled in American fashion with designs worn by trendsetters like First Lady Michelle Obama. He has been recognized for his achievements and unique approach to style with many awards, including the 2010 Ecco Domani Fashion Fund Award, USA Network’s Character Approved Award recipient in 2011, named goodwill ambassador of Maiti Nepal, recipient of the 2011 CFDA Swarovski Award for Womenswear, and was honored in 2015 with the inaugural Creativity Award from The Drawing Center – to name a few.

cbdMD has also been acknowledged for their approach to innovation in the CBD industry. Among many firsts, cbdMD was the first CBD company to join the New York Stock Exchange, is the official founder of national CBD Day, was the first cannabis company to advertise in Times Square and in ELLE Magazine. cbdMD was also named Entrepreneur Magazine’s 2018 CBD Editor’s Choice for the top 100 Cannabis Leaders Issue.

For a sneak peek of the line, click here; to purchase your premium CBD oil products, visit:

www.cbdMD.com.

Forward-Looking Statements
This press release contains certain forward-looking statements that are based upon current expectations and involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements can be identified by the use of words such as ”should,” ”may,” ”intends,” ”anticipates,” ”believes,” ”estimates,” ”projects,” ”forecasts,” ”expects,” ”plans,” and ”proposes.” These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in Level Brands, Inc.’s Annual Report on Form 10-K for the fiscal year ended September 30, 2018 as filed with the Securities and Exchange Commission (the “SEC”) on December 12, 2018 and our other filings with the SEC. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, many of which are generally outside the control of Level Brands, Inc. and are difficult to predict.  Level Brands, Inc. does not undertake any duty to update any forward-looking statements except as may be required by law.

 

SOURCE: cbdMD

 

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Awards

LexisNexis Risk Solutions Anti-Money Laundering Solution Takes Prestigious Asia Award Second Year Running

Vlad Poptamas

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Reading Time: 2 minutes

 

LexisNexis® Risk Solutions has been awarded the “Best AML Solution” in the Asian Private Banker Technology Awards for the second consecutive year. The award recognizes LexisNexis Bridger® Insight XG as the premier screening tool in the market, helping private banks and other institutions reduce complexity, increase efficiency, boost profitability and tackle financial crime.

“We are honored to receive this significant award from Asian Private Banker,” said Thomas C. Brown, senior vice president, U.S. Commercial Markets and Global Market Development, LexisNexis Risk Solutions. “It reflects the quality of Bridger Insight XG, which provides robust intelligence and a unified workflow to strengthen risk oversight through a single point of entry, while reducing consumer onboarding friction. This influences the entire consumer experience and helps boost bank profitability by helping consumers transact faster. Institutions in Asia have never been under so much pressure to comply with regulations aimed at combatting financial crime. Harnessing technology is crucial ⸺ Bridger Insight XG allows compliance personnel to review personal and business histories to gather critical Know Your Customer details via its link to profiles of over 3 million individuals and companies, covering more than 50 risk categories, such as sanctions, money laundering and politically exposed persons.”

LexisNexis Risk Solutions is tackling a chronic problem for private banks and wealth management firms ⸺ ‘false positives’ when screening for money laundering. A false positive is a result that wrongly indicates a positive result during the screening process, slowing the adoption of good clients and diverting financial crime compliance resources from managing true risk issues.

“In 2018, we began expanding the use of machine learning within Bridger Insight XG to reduce false positives. LexisNexis Risk Solutions will also be implementing new technology that allows private banks and wealth management firms to identify and address substantial hidden risk in their anti-money laundering compliance efforts, specifically around sanctions screening this year” said Doug Wolfson, director, financial crime compliance strategy at LexisNexis Risk Solutions. Digital identity risk exposes institutions to potential threat of massive fines and reputational damage, while allowing terrorist financiers, money launderers and fraudsters to move money through the global financial system with impunity. The new digital identity technology monitors the sanctions risk of digital identity transactions in real time, a significant innovation not provided by any other vendor. Private banks and wealth management firms will be able to monitor whether they face any potential sanctions risk from where their clients are located with the increased uptake of web portals and internet servicing amongst their clients.

LexisNexis Risk Solutions is uniquely able to innovate this new digital identity technology due to its 2018 acquisition of ThreatMetrix®, a global digital identity company with roots in Australia.

 

SOURCE LexisNexis Risk Solutions

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