HotelRunner Launches ‘Autopilot’, Ushering in a New Era of Data-Driven Smart Automations in Travel and Hospitality

LONDON, Mar 7, 2023 – (ACN Newswire) – HotelRunner, the leading accommodation and travel technologies platform, launches Autopilot at ITB Berlin 2023. Having garnered great attention with its innovative business intelligence platform 'Insights' which was unveiled last year, and getting the new year off to a running start with recent funding news, HotelRunner introduces its AI-driven, intuitive, and smart platform to automate the sales, distribution, and operations of the accommodations.

HotelRunner Autopilot – HotelRunner launches 'Autopilot' ushering in a new era of data-driven smart automations in travel and hospitality.

Setting out with the goal of automating all daily operations of a hospitality business, from marketing activities to pricing strategies, HotelRunner introduces Autopilot. The new platform leverages the reservations volume processed in HotelRunner which is more than 3 million in the past year alone.

Accommodation businesses can effortlessly implement sophisticated sales and pricing strategies by transferring all their daily operations and industry expertise to the Autopilot platform as a set of rules and automations.

As the driving force behind the industry with its superior technology, HotelRunner stays ahead of the curve in meeting the future needs of all the stakeholders in the travel and accommodation industries. The Autopilot platform, born from years of research and development and industry experience, has been designed in a way that accommodations can interact with the entire tourism ecosystem. Not only it enables a property to automate its operations, but also evolves to encompass the collective knowledge of all industry players contributing to a property's success. Thus, HotelRunner leads the creation of a first-of-its-kind automation marketplace. With this innovative platform, HotelRunner maps out the future of tourism technologies.

"The Autopilot platform is a crucial component of our comprehensive vision to serve and advance the travel and hospitality industries. We began the era of data-driven decision-making in hospitality with the launch of the Insights platform in November last year. With the Autopilot, we firmly build upon this vision, cracking the doors of a new era where software serves people, rather than the other way around," says Ali Beklen, Founder and Managing Partner of HotelRunner.

"With our innovative Autopilot technology, we challenge conventional wisdom in hotel management and offer a fresh perspective to the industry. By leaving manual processes behind, we offer our partners effortless efficiency and strive to increase their profitability. Driven by AI and evolving constantly, the Autopilot is just the starting point of the revolution we aim to ignite in the travel and hospitality industries. We are setting a new standard for industry players to do business and interact with each other," adds Arden Agopyan, Founder and Managing Partner of HotelRunner.

The Autopilot platform allows properties to:

– Automate pricing and availability by seasons, holidays, and weekends.
– Monitor reservation activity in real-time and take action according to the demand.
– Benefit from AI-based recommendations and alerts to maximize their profits.
– Minimize the workload with automations that work fully integrated with their PMS and channel manager.

HotelRunner Autopilot has been in the closed beta program for one year, and has already been contributing to the increasing revenues of the properties using the platform. Click here to get detailed information about the HotelRunner Autopilot platform and to start using it. https://hotelrunner.com/en/features/autopilot/

Contact Information
Suheyla van Taarling
Head of Brand
suheyla@hotelrunner.com

SOURCE: HotelRunner

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

H World Group sells its shares in Accor, both companies to continue partnership in developing their hotel operations in China

HONG KONG, Mar 3, 2023 – (ACN Newswire) – H World Group recently announced that it completed the disposal of its 3.7% stake in Accor. The proceeds of this transaction will be redeployed for the development of the Group's core business. After this transaction, H World Group no longer owns any stake in Accor, but both sides will continue to develop their successful partnership.

As world-renowned hotel groups, H World Group and Accor established strategic partnership with cross shareholding in 2016. Under the agreement, H World Group has the master franchisee rights for Mercure, Ibis and Ibis Styles, as well as co-development rights for Grand Mercure and Novotel in the Greater China Region. By the end of 2022, H World Group operates 468 hotels in China under this agreement, with 143 properties in the pipeline scheduled to open over the next few years. Accor remains a key partner of H World Group in China as both sides push forth their efforts to expand and innovate in the hospitality industry.

H World Group is a key player in the global hotel industry, operating multiple hotel and apartment brands with coverage from luxury to economy markets. H World's brands include Hi Inn, HanTing Hotel, JI Hotel, Starway Hotel, Orange Hotel, Crystal Orange Hotel, Manxin Hotel, Madison Hotel, Joya Hotel, Blossom House, Ni Hao Hotel, CitiGO Hotel, Steigenberger Hotels & Resorts, MAXX, Jaz in the City, IntercityHotel, Zleep Hotels, Steigenberger Icon and Song Hotels.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

2023 World Championship F1 Powerboat accomplished, empowers local economy in Lake Toba

Lake Toba, N. Sumatra, Indonesia, Mar 1, 2023 – (ACN Newswire) – President Joko Widodo (Jokowi) lauded the event of the 2023 World Championship F1 Powerboat (F1H2O) that potentially improved the local economy.

"This is a fascinating event, and this is the first time I watched this F1 Powerboat," Jokowi said after attending the event in Muliaraja Napitupulu Port in Lake Toba, North Sumatra, on Sunday.

The event could encourage economic growth around the race area, which needs to be balanced with infrastructure improvements.

Several improvements are needed in several parts of the Lake Toba area, including the infrastructure and the airport terminal.

President Jokowi and First Lady Iriana arrived on Sunday to watch the 2023 F1H2O World Championship. Jokowi also greeted and took a picture together with the F1H20 racers.

Additionally, the Director General of Information and Public Communication at the Ministry of Communication and Informatics, Usman Kansong said on Friday (Feb 24) the F1 Powerboat Championship can encourage Indonesian tourism, especially Lake Toba, as the main destination choice for world tourists.

The local government prepared at least 502 outlets for micro, small, and medium enterprises (MSMEs) actors to exhibit and promote their products, which varied from food products and beverages to souvenirs during the event.

The state-owned tourism and aviation holding, InJourney, said the 2023 F1H2O was held successfully. "This event has been successfully completed, namely the qualification round and the race," InJourney Director Dony Oskaria said.

The success of the F1 Powerboat event impacts the society's economy ranging from lodging, MSMEs, transportation, and others. "This is our target in preparing every event. By broadcasting F1 Powerboat on 15 international television stations and being watched by hundreds of millions, Lake Toba will become more famous worldwide," he remarked.

The event also empowered several local motorized rickshaw taxi or bentor drivers.

On Sunday, a bentor driver named Daniel Manurung said the event brought him more passengers, amounting to three to four times the number he got on regular days. On weekdays, his average daily income ranged from Rp50 thousand to Rp80 thousand, but Manurung could earn around Rp150 thousand to Rp 200 thousand per day during the event.

The F1H2O World Championship is a flagship international race series of single-seater sport boats held by the Union Internationale Motonautique (UIM). Ten teams joined the current F1H2O with a total of 20 racers.

There are eight racing series in one championship season, with the first being held in Lake Toba, Indonesia, in 2023. Bartek Marszalek of Stromoy Racing earned full points after winning Race 1 of the F1 Powerboat (F1H2O) World Championship's first round in Lake Toba on Sunday. In the 30-minute race, the Polish rider finished first after crossing the 2.2 kilometer circuit with 18 laps. Marszalek gained 20 points, becoming a valuable resource to compete in the next seven rounds in this year's F1H2O.

"It is incredible to win the race. I really enjoyed it. This morning's weather was perfect for the qualifier, and we had a lot of spectators around the lake; so many smiles gave extra motivation. I was excellent on the motorboat," Marszalek said after the race.

Sami Selio of the Sharjah team won second place at 01.97 seconds behind Marszalek, while Erik Stark from the Victory team won third place at 03.26 seconds behind the first winner.

After the race, President Jokowi handed the trophy directly to the winner on the podium.

–Antara

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Seeing Indonesia’s sports tourism development through Lake Toba F1 Powerboat Championship

Lake Toba, N. Sumatra, Indonesia, Feb 3, 2023 – (ACN Newswire) – In developing its sports tourism potential, Indonesia holds many championships or sports events, and one of the closest is the F1 Powerboat (F1H2O) World Championship in Lake Toba, North Sumatra, on February 24-26. Lake Toba, one of the most spacious lakes in the world, offers a great destination for athletes to compete, and tourists to enjoy the scenic view.

President Joko Widodo (L) inspects the road expansion and a bridge development in Tano Ponggol, Samosir, North Sumatera as a part of preparing the Toba Lake in North Sumatera as a world class tourism destination in Indonesia.

Assistant Deputy for Sustainable Tourism Development at the Coordinating Ministry for Maritime Affairs and Investment, Kosmas Harefa, stated that the preparation for the F1H2O World Championship in Lake Toba reached 70 percent as of January 24. "It is expected that the preparations are in accordance with the target and all the main gates will have been completed by February 10," Harefa said in a virtual gathering.

The F1 Powerboat is the world's largest motorboat racing competition for powerboats, on par with Formula 1 or MotoGP. Harefa revealed that one of the facilities' constructions, which is a centralized parking location, can accommodate three thousand to four thousand cars. "Currently, the Toba District Government, supported by the North Sumatra Provincial Public Works Office, has prepared a vast parking lot," he added. According to him, the number of visitors is targeted to reach 20 thousand to 25 thousand, by promoting the event intensively.

Meanwhile, Minister of Youth and Sports Zainudin Amali said Lake Toba as the host of F1H20 is very ready to organize this activity, as proven by the venue readiness and other supporting facilities. "The government has prepared many F1 Powerboat post events, to support the economy of the Toba people," Amali, who serves as the Chairperson of the F1H2O National Committee, said.

Lake Toba Cooler

He also ensured that the F1 Powerboat at Lake Toba will pamper the visitors, as he claimed the location is cooler than Sharjah, United Arab Emirates (UAE), where the previous F1 Powerboat event was held on December 16, 2022. "In Sharjah, the venue was an artificial lake and the weather was very hot. This is very different from Lake Toba where the air is cool and not artificial," he explained. He emphasized, the government has been preparing this event very seriously and hoping for support from various parties to make F1 Powerboat 2023 a success.

Moreover, he expressed hope that the F1 Powerboat implementation can result in the emergence of new water sports racing athletes in Indonesia. "We hope that this international event at Lake Toba can find new athletes and hopefully, they can excel," Amali said. He added, the event can promote local micro, small, and medium enterprises and show the world's trust in Indonesia in holding international events.

Unique to the world

State-owned tourism holding firm InJourney said that the F1H20 circuit in Lake Toba is the most unique in the world. "This circuit is quite unique because the track is on the lake. We have carried out the homologation (verification of the track's safety), and the circuit length is 2.2 km. Its shape is unique because Lake Toba is a volcanic lake," InJourney's Marketing and Consumer Experience Director Maya Watono said on Wednesday.

Furthermore, InJourney President Director Dony Oskaria said that the F1H20 will involve the local communities. Oskaria explained, the shores of Lake Toba can serve as places for the spectators and local people are allowed to collect fees as long as they are registered as InJourney official partners. InJourney also involved 500 students as event organizers and will give them certificates.

Minister Amali said the F1H20 event can encourage Lake Toba as one of Indonesia's super-priority tourism destinations, just as Lake Toba has gained the trust of the F1 Committee to host F1H2O for the next five years or until 2027.

By Kenzu Tandiah,
Ed: Rahmad Nasution
COPYRIGHT (c) ANTARA 2023

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Dusit International appoints Makoto Yamashita to spearhead hotel openings in Kyoto, Japan

BANGKOK, Feb 2, 2023 – (ACN Newswire) – Dusit International, one of Thailand's leading hotel and property development companies, has appointed Mr Makoto Yamashita as pre-opening General Manager of ASAI Kyoto Shijo and Area GM – Kyoto, Japan.

Makoto Yamashita

Dusit Thani Kyoto

ASAI Shijo Kyoto

Marking an important milestone in Dusit's ongoing global expansion, the 114-key ASAI Kyoto Shijo is one of two Dusit-branded properties set to debut in Japan this year. It is scheduled to soft open in June 2023, followed by Dusit Thani Kyoto, Japan, in September 2023.

With more than three decades of marketing and operational experience behind him, Mr Yamashita has worked in corporate and property roles for renowned brands in his native Japan. This includes more than 10 years working as Assistant Manager – Marketing at the Corporate Headquarters of JAL Hotels (now Okura Nikko Hotels Japan), followed by stints leading well-known properties under Starwood Hotels & Resorts (now Marriott International) and Mori Trust Hotels & Resorts.

Among the positions he held with Starwood in Japan are Director – Global Sales (2006-2010); Director of Sales & Marketing at Sheraton Hiroshima Hotel (2010-2012); Director of Sales & Marketing at The St. Regis Osaka (2012-2016); Executive Assistant Manager at The St. Regis Osaka (2016-2017); and Cluster General Manager of Tokyo Marriott Hotel and Courtyard by Marriott Tokyo Station (2018-2020).

Prior to joining Dusit, Mr Yamashita was Area General Manager of Mori Trust Hotels & Resorts in Tokyo and Nagano. Here, he oversaw the introduction of new digital systems and operational processes that helped enhance the properties' efficiency and profitability.

As General Manager of ASAI Kyoto Shijo and Area GM – Kyoto, Mr Yamashita is responsible for spearheading the opening of ASAI Kyoto Shijo and Dusit Thani Kyoto and ensuring both properties meet their financial and operational objectives.

"I am delighted and honoured to introduce Dusit's unique brand of Thai-inspired gracious hospitality to Japan for the first time at these unique and exciting properties," said Mr Yamashita. "I look forward to leveraging my own experience, and the expertise of my team, to deliver meaningful and memorable experiences that delight our guests and customers, position each hotel for sustainable success, and set a strong foundation for Dusit's further expansion in Japan."

About Dusit International

Established in 1948, Dusit International or Dusit Thani Public Company Limited (DUSIT) is a leading hospitality group listed on the Stock Exchange of Thailand. Its operations comprise five distinct yet complementary business units: hotels and resorts, hospitality education, food, property development, and hospitality-related services.

The group's portfolio of hotels, resorts and luxury villas includes more than 300 properties operating under a total of six brands (Dusit Thani, Dusit Devarana, dusitD2, Dusit Princess, ASAI Hotels, and Elite Havens) across 16 countries worldwide. The group also operates culinary schools and hospitality colleges in Thailand, plus catering companies for the education sector in Thailand, Cambodia, and Vietnam.

Dusit International's diversified investments in real estate development, hospitality-related services, and the food sector are part of its long-term strategy for sustainable growth, which focuses on three key areas: balance, expansion and diversification. For more information, please visit dusit-international.com

For more information, please contact:
Sureerat Sudpairak | Corporate Director of Public Relations | Dusit International
Tel: +66 (0) 2200 9999 ext. 3321 | Mobile +66 (0) 89 006 8697 | Email: sureerat.sp@dusit.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

LUI Che Woo Prize donates RMB 250 million to support the development of Shanghai Jiao Tong University Zhangjiang Science Park, The new campus is named Lui Che Woo Science Park

HONG KONG, Dec 20, 2022 – (ACN Newswire) – Dr Lui Che-woo, Chairman of K. Wah Group (the "Group") and the founder of LUI Che Woo Prize – Prize for World Civilization ("LUI Che Woo Prize"), has donated RMB 250 million through the LUI Che Woo Prize to support the development of Shanghai Jiao Tong University ("SJTU") Zhangjiang Science Park and contribute to national science and technology development. To thank Dr Lui for his generous donation, the new campus will be named Lui Che Woo Science Park. The agreement signing ceremony was held in Hong Kong today, guests including HKSAR Chief Executive John Lee who gave a video speech; former Chief Executive Carrie Lam, Executive Director of K. Wah International Holdings Limited ("KWIH") Alexander Lui, Executive Director of KWIH and member of board of trustees of SJTU Paddy Lui, Secretary of the CPC SJTU Committee Yang Zhen Bin; and Vice President of SJTU Zhang An Sheng. Professor Lin Zhong Qin, President of SJTU, and other university leaders participated in the ceremony via webcast. After the ceremony, Professor Ding Kui Ling, Executive Vice President of SJTU, Academician of the Chinese Academy of Sciences and Dean of the Zhangjiang Institute for Advanced Study, delivered a keynote speech on China's Forefront Science and Technology Development through a live webcast to promote the exchange of science and technology development and ties between Shanghai and Hong Kong.

A rendering of Lui Che Woo Science Park in completion.

1. Lui Che Woo Science Park Block 1: AI Biomedicine Centre, DNA Storage and Research Centre; 2. Block 2: Integrated Scientific Innovation Research Centre; 3. Block 3: AI Cybersecurity Innovation Centre; 4. Block 4: Frontiers Science Centre for Transformative Molecules, Future Material Creation Centre; 5. Block 5: Ultra-Fast Science Centre; 6. Science Park Complex; 7. Teacher and student dormitory; 8. Teacher and student dormitory; 9. The adjacent Shanghai Synchrotron Radiation Facility

Dr Lui Che-woo, Chairman of K. Wah Group and the founder of LUI Che Woo Prize – Prize for World Civilization (middle) and Yang Zhen Bin (2nd left), Secretary of the CPC SJTU Committee sign the donation agreement, accompanied by Alexander Lui (2nd right), Executive Director of K. Wah International Holdings Limited; Paddy Lui (1st right), Executive Director of K. Wah International Holdings Limited and member of board of trustees of SJTU; and Zhang An Sheng (1st left), Vice President of SJTU.

Dr Lui Che-woo, Chairman of K. Wah Group and the founder of LUI Che Woo Prize – Prize for World Civilization (1st row – 2nd right), Yang Zhen Bin (1st row – 2nd left), Secretary of the CPC Shanghai Jiao Tong University ("SJTU") Committee, former chief executive Carrie Lam (1st row – 1st right), Zhang An Sheng (1st row – 1st left), Vice President of SJTU, take a group photo with the representatives from the LUI Che Woo Prize, members of board of trustees, and representatives from the SJTU.

Dr Lui Che-woo, Chairman of K. Wah Group and the founder of LUI Che Woo Prize – Prize for World Civilization delivers a speech.

John Lee, HKSAR Chief Executive, gives a video speech

The agreement signing ceremony was webcast live at the lecture hall of the "Lui Che Woo Science Park" of Shanghai Jiao Tong University.

Nurture new generations of scientists with SJTU to benefit mankind through scientific research and development ("R&D")

SJTU is a well-known comprehensive university located in Shanghai. It plays a crucial role in the national innovation strategy and supports technological development, with a profound impact on the future of China and the wellbeing of people. In 2014, President Xi Jinping expressed hope of developing Shanghai into a technological innovation hub. The National Development and Reform Commission and the Ministry of Science and Technology then accelerated the construction of a technological innovation centre in the Zhangjiang area. Located in Zhangjiang, Lui Che Woo Science Park will be key for SJTU as it actively plays a part in constructing a national science centre in the area, and from which to build a world-class R&D base by promoting technological innovation and extensive integration with economic and social development, thus further strengthening China's international presence and influence in relevant fields.

Dr Lui Che-woo, Chairman of K. Wah Group and the founder of LUI Che Woo Prize – Prize for World Civilization said, "SJTU is recognised for being one of the premier education institutions in China. It is renowned both at home and abroad, and has the longest history – stretching more than 120 years. Moreover, it has nurtured countless talent with adherence to its motto of "Gratitude and Responsibility". I am looking forward to the development of Lui Che Woo Science Park as it gradually becomes an internationally influential technological innovation centre, creating synergies with large-scale national science facilities and pursuing new R&D breakthroughs with other science parks. This includes the Shanghai Synchrotron Radiation Facility ("SSRF") nearby, which is one of the world's top five synchrotron light source projects and is engaged in the creation of new materials from atomic and molecular structures that are the fundamental of science."

Yang Zhen Bin, Secretary of the CPC SJTU Committee, thanked Dr Lui for his generous support for the university, and said, "Dr Lui Che-woo selflessly promotes the advancement of mankind and encourages technological innovation through extraordinary wisdom. His assistance in the development of Lui Che Woo Science Park will boost the national technological innovation strategy and education development at SJTU. Lui Che Woo Science Park will lead SJTU as it integrates into the Zhangjiang Comprehensive National Science Centre and participates in the construction of a globally influential technological innovation centre. Through the steadfast attention of Dr Lui Che-woo and his family, we believe that Lui Che Woo Science Park will grow into an innovative platform for cross-disciplinary research; achieving major scientific breakthroughs, attracting top and innovative talent and utilising industrial technologies. "

Optimise R&D conditions to attract and train professionals and consolidate China's international position in the R&D field

As the primary technological innovation centre in Shanghai and a top national high-tech base, Zhangjiang Science Park possesses sizeable and comprehensive facilities, platforms, and superb institutes. Lui Che Woo Science Park is positioned as a world-class influential technological innovation centre, and is set to create a strong cluster effect with other large-scale national scientific facilities in the area. It is expected to promote the leapfrog development of multiple disciplines in China, build a cutting-edge interdisciplinary research platform, and become the centre for gathering top scientists.

Lui Che Woo Science Park covers a GFA of over 100,000 square meters, half of which is for R&D use. There are eight buildings in total, housing more than 1,200 researchers from various disciplines which includes approximately 600 researchers, postdoctoral fellows, and about 600 researchers with doctoral and master degrees. They will mainly focus on the R&D of health, biomedical engineering and new materials.

Seven centres and one platform support interdisciplinary scientific research

Lui Che Woo Science Park houses seven research centres, including the AI Biomedicine Centre, DNA Storage and Research Centre, Integrated Scientific Innovation Research Centre, AI Cybersecurity Innovation Centre, Frontiers Science Centre for Transformative Molecules, Future Materials Creation Centre and Ultra-Fast Science Centre. Upon completion, the park will facilitate the construction of the Zhangjiang Comprehensive National Science Centre and drive China's fundamental R&D and related industrial development in interdisciplinary fields, such as physics, materials, biology, medicine and network, and so on.

To facilitate collaboration among the seven research centres, the Lui Che Woo Science Park has built a public instrument platform, which currently has 65 sets of equipment worth a total of RMB137 million. It also boasts around 1,300 square meters of laboratory space, which will help further raise the standard of fundamental technologies, including element, organic molecule and molecular function analysis; providing greater and broader technical support for SJTU in terms of the detection and characterisation of such areas as organic chemistry, pharmacy, life science, medicine and material science. Furthermore, the instruments are available for teachers and students at SJTU to build a user-oriented training system. Technical training and exchanges will also be held regularly.

Collaborates with SSRF to realize research results at Frontiers Science Centre for Transformative Molecules ("FSCTM")

The Lui Che Woo Science Park is adjacent to SSRF, which has one of the world's top five synchrotron light source projects. The two parties have formed a strategic partnership and will cooperate in research into new molecules and materials. SSRF possesses operations that comparable to powerful "super X-ray machines" and "super microscopes", which can be used for researching in medicine, physics, science and so on.

With the support from SSRF, the FSCTM at Lui Che Woo Science Park has developed the ultra-fast in-situ characterization technology. Through molecular electricity catalysis, new substances or materials can be developed for applications in medicine, clean energy and green chemicals. In 2022, results from the research team at the centre have been published by top international academic journals, such as Nature and Science.

Enhances technological innovation and assists the country in implementing innovation-driven development strategies

Dr Lui shares President Xi Jinping's thoughts that "science and technology are having a profound impact on the future of the country as well as on people's wellbeing like never before". He believes that there is an urgency to strengthen technological innovation to help the country play a major role in implementing development strategies and accelerating the replacement of traditional strategies with new ones.

Having participated in philanthropy for nearly half a century, Dr Lui has been focusing on the support for education sector to align with the pace of national development. In particular, he is keen on supporting advanced scientific research and development in recent years, with the hope of contributing to the growth of the country. Dr Lui donated RMB120 million to the School of Life Sciences at Peking University in 2017 and RMB200 million to Tsinghua University in 2018 for the construction of two new blocks at the Biomedical Sciences Building, demonstrating his commitment to boosting life sciences development. Following these two donations, Dr Lui donated RMB250 million to SJTU to fund the construction of Lui Che Woo Science Park to support China's new and high-tech research development.

Dr Lui concluded, "I migrated to Hong Kong at the age of four and have established K. Wah Group for nearly seven decades. Having witnessed the achievements of our motherland and Hong Kong in the new century, I was buoyed to uphold the belief of 'giving back to society from which one has benefited'. Technology has been developing at a rocket pace and will serve as the lifeline to people and civilization in the future. I am honoured to support SJTU's establishment of Lui Che Woo Science Park, and I hope its cutting-edge facilities and talent will contribute to scientific research and development in Shanghai and across China. I believe that the collaboration and exchange with international scientific research institutions will also boost the stature of China's scientific research in the global arena."

About LUI Chi Woo Prize
Founded by Dr Lui Che-woo in 2015, the "LUI Che Woo Prize – Prize for World Civilisation" is an annual, first of its kind international cross-sector innovative award for advancing world civilisation and inspiring people to build a more harmonious world. It aims to recognise and honour individuals or organisations all over the world for outstanding contributions and encourages the continuation of that work in three objectives: sustainable development of the world, betterment of the welfare of mankind and promotion of positive life attitude and enhancement of positive energy.

For more details, please go to www.luiprize.org.

About K. Wah Group
K. Wah Group was founded in 1955 by Dr Lui Che-woo, who transformed the company into a multinational corporation. Core businesses include property development and investment, entertainment and leisure resorts, hospitality and construction materials. The Group has a business presence in Mainland China, Hong Kong, Macau, Southeast Asia and major cities in the US. The Group includes two Hong Kong-listed flagships: K. Wah International Holdings Limited ("KWIH"; HK stock code: 00173) and Galaxy Entertainment Group Limited ("GEG"; HK stock code: 00027 and a member of the Hang Seng Index) and over 200 subsidiaries, includes Stanford Hotels International and K. Wah Construction Materials Limited.

Website: http://www.kwah.com

Media Enquiries:

K. Wah Group
Helen Cheung Tel: (852) 2960 3739 Email: helencheung@kwah.com
Jenny Tse Tel: (852) 2960 3101 Email: jennytse@kwah.com
Andrey Leung Tel: (852) 2960 3364 Email: andreyleung@kwah.com
Fax: (852) 2811 9710

Lui Che Woo Prize – Prize for World Civilization
Brenda Kan Tel: (852) 2960 3791 Email: brendakan@luiprize.org

Strategic Financial Relations Limited
Iris Lee Tel: (852) 2864 4829 Email: iris.lee@sprg.com.hk
Shelly Cheng Tel: (852) 2864 4857 Email: shelly.cheng@sprg.com.hk

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Club Med appoints Olivier Monceau as its new General Manager of Singapore and Malaysia

KUALA LUMPUR, Dec 14, 2022 – (ACN Newswire) – Club Med, the leader in premium all-inclusive holidays, has announced the appointment of Olivier Monceau as the new General Manager of Singapore and Malaysia effective from October 2022.

Olivier Monceau appointed General Manager, Singapore and Malaysia

With his strong business acumen and deep brand knowledge, Olivier is poised to deliver success while demonstrating an inspiring, creative and fresh approach to leadership. Under his leadership, Olivier's priorities will be to guide the team through the next phase of strategic brand growth within the region, drive a purposeful brand building through exceptional travel destinations, and to solidify the brand as the leader for all-inclusive ski and mountain holidays. Olivier will also lead his team to deliver effective and targeted end-to-end omni-channel experience to clients that synchronises consideration and conversion to grow top line and client acquisition. Club Med will continue its journey to being the #1 brand choice for vacations and business trips preferred by families, active couples and business-leisure clients.

"Olivier brings a wealth of experience and knowledge to his new role and I am delighted to have him on the team as he leads the execution of our aggressive plans to grow the Club Med brand within the region," says Rachael Harding, Chief Executive Officer of East, South Asia and Pacific (ESAP). "Moreover, Olivier has produced exceptional results in his previous appointment within Club Med, and I am confident that he will accelerate the strategic growth in both Singapore and Malaysia markets. His appointment is also perfectly timed to succeed our new capacity in Kiroro, Hokkaido in 2023 and Borneo, Kota Kinabalu in 2024."

Originally from Paris, France, Olivier embarked on his Club Med journey in 2016, where he was appointed General Manager of Russia. Olivier was responsible for building brand awareness and positioning Club Med as a premium holiday brand in the market. Together with his team, Olivier turned unprecedented challenges into opportunities during the global pandemic as he tapped on an unrealised potential for long-haul and upscale travel within the region and delivered an effective marketing campaign that led to +400% market growth in 2021 compared to 2019 in an exceedingly challenging time, through the successful recruitment of a new Premium clientele and achieved more than 45% of the total sales for the Exclusive Collection resorts. The market has also been a key contributor to the reopening of Club Med in Seychelles and Maldives, both of which became crucial resorts in the group's rebound once travel bans were lifted.

"I am excited to be joining such a dynamic team and even happier to lead the brand through its next phase of growth," shares Olivier. "I look forward to cementing Club Med as the preferred holiday brand for families while building on our shared vision to further enhance the value of our brand towards achieving a long-term strategic growth within the region."

Now in the heart of a city pulsating with boundless energy, Olivier together with his wife and lovely daughters are embracing their new home in Kuala Lumpur, Malaysia with open arms and heart. Since his arrival, Olivier can be found busy exploring the city's neighbourhoods, discovering new cultures and the vibrant street hawker culinary scene.

About Club Med

Club Med, founded in 1950 by Gerard Blitz, invented the all-inclusive holiday club concept, adding in activities especially for children with the creation of the Mini Club in 1967. Led by its pioneering spirit, Club Med seeks out exceptional destinations and sites. Today, Club Med is the world's leading provider of upscale, all-inclusive holiday packages with a French touch for families and working couples. Club Med operates nearly 70 resorts, of which 85% are rated Premium & Exclusive Collection. Present in 30 countries around the world, the Group employs more than 23,000 Gentils Organisateurs (GOs) and Gentils Employes (GEs), representing 110 nationalities. http://www.clubmed.asia/

Press Contacts for Club Med
PRecious Communications for Club Med
clubmed@preciouscomms.com
+65 6303 0567

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Hospitality 360 Expands Hotel Management Portfolio

KUALA LUMPUR, Dec 5, 2022 – (ACN Newswire) – Hospitality 360 Sdn Bhd (H360), a Malaysian hotel management and consulting company, is pleased to announce the signing of a strategic partnership with Wyndham Hotels and Resorts to expand their portfolio of hotels, resorts, and serviced apartments across Malaysia.

Yang Berbahagia Dato' Indera Naresh Mohan, Group Chief Executive Officer of Hospitality 360 Sdn Bhd; Ms. Teng Car Men, Executive Director of Jesselton Newcity Development Sdn Bhd and Mr. Matt Holmes, Vice President & Head of Development of Wyndham Hotels & Resorts (South East Asia and Pacific Rim) [L-R]

As H360 and Wyndham memorialize their common objective to continue their commercial dealings and deepen their business relations, we are witnessing the beginning of a new chapter in their illustrious partnership. Under the terms of their partnership agreement, H360 will deliver at least 15 hotels signed as franchises under various Wyndham-owned brands over the course of the next six years.

To mark this illustrious partnership, there were several Memorandum of Understandings (MoUs) and agreements for H360 to manage, under various Wyndham brands, 4 hotels and luxury serviced apartments in Sabah.

The MoUs were signed between Wyndham and the developers of the hotel properties, namely, Jesselton Newcity Development Sdn. Bhd; and Sumbangan Aru KK Sdn. Bhd; for the properties that will in turn be managed as Wyndham Grand, Dolce by Wyndham, and Ramada by Wyndham brands. Construction of these hotels, totalling more than 2000 rooms will commence in phases starting in 2023 and is expected to complete by 2027.

In addition to the pipeline of current signings, H360 through the newly announced strategic partnership with Wyndham also has other hotel properties in the pipeline. They are namely our future flagship property, the Wyndham Grand TRX KL with more than 190 rooms, developed by Core Precious Development Sdn Bhd in which the construction is underway and due to complete by Q4 2023; and the newly built Ramada by Wyndham The Straits Johor Bahru with more than 190 rooms which will be operational by Q1 2023.

Furthermore, the under construction, 85 rooms luxury serviced apartment project Isola KLCC, developed by OCR Berhad, the 152 rooms Shahzan Kuantan in Pahang, the 204 rooms Trinidad Suites Puteri Harbour in Johor and three more properties namely the 88 rooms Lisbon Melaka, the 158 rooms Trigo Kuala Lumpur, and the 90 rooms Shahzan Frasers Hill are all expected to sign to Wyndham's Trademark Collection brand.

Looking ahead and through the various agreements, we target to achieve a portfolio of approximately 5000 rooms all over Malaysia by 2027.

Group Chief Executive Officer of Hospitality 360 Sdn Bhd, Dato' Indera Naresh Mohan said, "This is an exciting time for us as we expand our hotel management portfolio to more locations around the country. The properties we will manage are targeted at different segments of the market, from leisure travellers and families to business travellers. We are looking forward to working with Wyndham to ensure all our guests get a full and holistic experience in our managed properties."

Vice President of Development, South East Asia & Pacific for Wyndham, Matt Holmes said, "By signing this strategic agreement with Hospitality 360 Sdn. Bhd, we continue to grow our operational presence in Malaysia. This move will position Wyndham strongly to tap on the exponential rise in travel demand which has accelerated since early 2022 as borders reopen across key markets in Asia Pacific. Looking ahead towards the future, we are excited and happy to strengthen the partnership with Hospitality 360 in Malaysia and deliver our iconic 'Count on Me' service to our business and leisure guests."

Hospitality 360 Sdn Bhd: http://hospitality360.my/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Legend Capital Portfolio Company Atour Successfully Lists on Nasdaq

HONG KONG, Nov 13, 2022 – (ACN Newswire) – On the evening of November 11, Beijing time, Legend Capital portfolio company Atour Lifestyle Holdings Limited ("Atour") was officially listed on the Nasdaq Stock Exchange in the United States. It has priced its initial public offering of 4,750,000 American Depositary Shares ("ADSs") at US$11.0 per ADS.

Founded in 2013, Atour is a leading hospitality and lifestyle company in China with a distinct portfolio of lifestyle hotel brands, such as A.T. HOUSE, Atour S, ZHOTEL, Atour Hotel, Atour X and Atour Light, as well as scenario-based retail brands, including Atour Market. It has further divided its private labels into three product lines – aTOUR PLANET, SAVHE and Z2GO&CO. As of June 30, 2022, Atour has launched a total of 1,967 SKUs, 62.8% of which are private-label products.

According to the prospectus, as of September 30, 2022, Atour has opened 880 hotels, a year-on-year increase of 26%. According to Frost & Sullivan, Atour is the largest upper midscale hotel chain with a diversified brand portfolio in China in terms of room numbers for five consecutive years as of the end of 2021.

As an important institutional investor and close partner of Atour, Legend Capital led the investment in Atour in 2016, and continued to make additional investments in Atour's subsequent financing rounds in 2017 and 2021. Following the investment, Legend Capital has continuously supported Atour's development by providing multiple value-added services in terms of development strategy, corporate governance and incentive mechanism, listing work and business resources.

Legend Capital said: " The past nine years have witnessed Atour's continuous development since its first hotel opening in 2013. Looking back at the development of China's hotel industry over the past decade, Atour is the only company with precise positioning and bringing changes to China's hotel industry. It has brought a new service standard to the industry. It is also a lifestyle consumer brand providing a warm and happy feeling that can be remembered by customers. Atour's founder and the team are rare talents in the domestic hotel industry. The team is dynamic and young, with over ten years of operating experience in the hotel industry. The listing marks a new milestone for Atour. It is not only an affirmation of the past achievements of Atour, but also an acknowledgment of their tenacity and professionalism. This also reflects the expectation for the future innovation and development of Atour. As Atour's investor, we are proud to be able to participate in and witness its growth."

About Legend Capital

Founded in 2001, Legend Capital is a leading VC&PE investor focusing on the early-stage and growth-stage opportunities in China, with offices across Beijing, Shanghai, Shenzhen, Hong Kong, and Seoul, Korea.

It currently manages USD and RMB funds of over US$10 billion in commitments, and has invested in around 600 companies, covering technology, healthcare, consumer, enterprise service and intelligent manufacturing sectors. Rooted in China, Legend Capital participated in the rise of many world-leading companies by solid investment coverage and systematic post-investment value-add. Over the years, Legend Capital has also become a widely recognized name in bridging key resources in China and overseas through cross-border activities, and a valuable partner to Chinese and overseas investors.

Legend Capital values long-term sustainable investment and incorporates ESG into its long-term development strategy. As a UNPRI signatory since November 2019, Legend Capital is among the first group of top VC/PE firms in China to join the initiative.

For more information, please visit www.legendcapital.com.cn/index_en.aspx and follow us on LinkedIn @Legend Capital (https://www.linkedin.com/company/legend-capital).

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Club Med Celebrates 11.11 with Amazing Family Travel Deals

SINGAPORE, Nov 8, 2022 – (ACN Newswire) – Make it a year to remember as Club Med, the leader of all-inclusive holidays, is offering its limited time 11.11 holiday packages, where children below 8 years old can stay for free at sought-after destinations – from Snow resorts such as Club Med Sahoro and Club Med Tomamu in Hokkaido, Japan; to Sun resorts in Club Med La Plantation d'Albion and Club Med The Albion Villas in Mauritius; in Club Med Bali and Club Med Bintan in Indonesia; or Club Med Phuket in Thailand.

Happening from 7th November 2022 until 11th November 2022, the promotion applies for bookings with a minimum stay of 4-Days 3-Nights for any accommodation type (Superior, Deluxe or Suites) at Club Med La Plantation d'Albion, The Albion Villas, Phuket, Bintan or Bali, and for those booking a minimum stay of 5-Days 4-Nights in Deluxe rooms or Suites at Club Med Tomamu or Sahoro. The promotion will be valid for stays until 30th April 2023 – allowing the chance for families to not only plan for the upcoming year-end holidays, but also for future holidays too.

Being a pioneer of Kids & Family experiences since 1967 with its initial introduction of Mini Club Med +, a space for children 4-10 year olds to learn and grow while on vacation, the promotion aligns with Club Med's long-standing commitment to deliver unparalleled and meaningful holiday experiences for families. Especially with children's time being ever more occupied by anonymous screens, Club Med is the ideal destination for them to reconnect with families in the real world as the array of outdoor adventures, family-friendly offerings, lifestyle ambience and shows available at their resorts provides the opportunity for children to rediscover the joys of doing things together.

Parents will also be delighted as programmes and activities at Club Med are created to keep the children entertained throughout their stay. Recently, Club Med introduced Mini Club Med + [1] the evolution of its highly acclaimed Kids Club formerly known as Mini Club Med +, featuring a brand-new science-based framework inspired by Positive Education.

Developed in partnership with Professor Ilona Boniwell, an Expert in Positive Psychology & Positive Education and a world leader in the field of Positive Psychology, the new framework helps boosts a child's well-being and self-development by enhancing essential soft skills such as emotional intelligence and adaptability, which will help them grow and flourish in any environment. Through Mini Club Med +, children can discover their unique character strengths while on vacation, revolving around the six Cs: creativity, co-operation, courage, connection, cheerfulness and confidence.

Beyond the new Mini Club Med + enhancement, Club Med resorts also feature Kids' Clubs for children 4 months to 17 years, the award-winning Amazing Family! program that encourages family bonding in a unique way, services and facilities such as a baby corner with pureed food for infants, interconnecting rooms which make vacationing as a family a breeze and sports and activities for all ages, making it the perfect holiday spot for families.

Families looking for an exhilarating ski escape with the family can look forward to a variety of unique experiences at a Club Med ski resort – where everything is taken care of in the all-inclusive package, including ski lift passes, group snow lessons and even apres ski activities. Guests seeking winter excitement to share with friends and family will find it at Club Med Tomamu, where one can expect action-packed snow adventures such as skiing, snowboarding, snow trekking, and even riding Japan's largest indoor wave pool at the nearby Mina Mina Beach. Meanwhile, those seeking a true immersion into authentic Japanese culture and heritage can look forward to reconnecting with loved ones at Club Med Sahoro. Aside from the wide range of winter activities offered at the exclusive snow domain, guests can also look forward to exciting discoveries – from exploring the native Ainu culture and the local culinary delights, to soaking in the natural wonders of the surrounding mountains – the possibilities for unforgettable experiences are endless.

Those looking to experience fun under the sun will also be delighted with the destinations Club Med has to offer. Discover an authentic Mauritian experience with carefully curated explorative family experiences in our Exclusive Collection resorts, Club Med La Plantation d'Albion and The Albion Villas. Fall in love with a resort where abundant tropical nature meets supreme refinement and exceptional service as you uncover renewed passions at La Plantation d'Albion. If you are looking for an extra special getaway in ultimate luxury, the Albion Villas are perfect for you as you will enjoy the best of both worlds in your own private space yet have access to all the activities available in the resort – fun for whole family is guaranteed. Families seeking the cultural wonders that Thailand has to offer can look to Club Med Phuket, Thailand, and be immersed in a sensorial feast – from traditional Thai performances and culinary adventures to vibrant local sights and Tropical Nomad Lifestyle concept parties – there is something for everyone to enjoy. At Club Med Bali, which features an all-new repertoire of activities, programmes, and entertainment line-up, families can explore the resort together through a digital treasure hunt with Club Med Play app or celebrate the rich Balinese culture with a full-day Balinese themed workshops and experiences. Meanwhile, a holiday at Club Med Bintan Island is perfect for families seeking a holistic wellness experience, offering a variety of fitness activities, outdoor pursuits and healthy cuisines.

With more than 70 years of experience perfecting the all-inclusive concept in 70 destinations located around the world, each Club Med property has its own personality and offers unique immersive experiences reflecting on the culture and customs of its host country. Coupled with the convivial spirit brought by Club Med's G.Os (Gentils Organisateurs), the destinations offered are bound to excite families who have been yearning for hassle-free international holidays since travel restrictions were lifted.

Those looking to book their holiday during the 11.11 promotion can do so by visiting https://bit.ly/3SzvRWq.

About Club Med

Club Med, founded in 1950 by Gerard Blitz, invented the all-inclusive holiday club concept, adding in activities especially for children with the creation of the Mini Club in 1967. Led by its pioneering spirit, Club Med seeks out exceptional destinations and sites. Today, Club Med is the world's leading provider of upscale, all-inclusive holiday packages with a French touch for families and working couples. Club Med operates nearly 70 resorts, of which 85% are rated Premium & Exclusive Collection. Present in 30 countries around the world, the Group employs more than 23,000 Gentils Organisateurs (GOs) and Gentils Employes (GEs), representing 110 nationalities.

Media Contact
PRecious Communications for Club Med
clubmed@preciouscomms.com
+65 96303 0567

[1] Mini Club Med+ programme is currently available in Club Med Bali, Club Med Bintan, Club Med Phuket, and Club Med Tomamu only.

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