Edouard ettedgui mandarin oriental new york hotel

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In , the group added two new properties to its portfolio, in Boston and on the Riviera Maya in Mexico, which have met with considerable acclaim. While some of our already announced projects will be delayed as a result of the developers experiencing difficulty in obtaining adequate financing in the current environment, the group signed two new management contracts during , for hotels in Moscow and Atlanta.

The Group also announced two new Residences at Mandarin Oriental that will accompany hotel projects, bringing the total number of branded residential projects to In February , the Group announced a new management contract for a luxury hideaway resort in The Maldives, comprising spectacular villas, which is due to open in the next 12 months. We continue to review additional opportunities for luxurious urban hotels, resorts, hideaways and residences in important locations around the world.

HTR: Do you maintain the 10, rooms' objective in the near future? Of the 18 developments which the Group has announced in the past four years, 13 are under construction. Only one of the previously announced projects, in Dallas, will not go ahead, but the group remains in active discussion with the developer about potential new sites in the city, once development conditions improve.

In , Mandarin Oriental will add four new properties to its operating portfolio, including its first mainland Chinese hotel which opened on Hainan Island in January.

Edouard Ettedgui joined Mandarin Oriental Hotel Group as Chief Executive in The hotel group was, at the time, well recognised for providing award-winning service in its Asian .

The three additional luxury properties to open in the coming months are Barcelona, Las Vegas and Marrakech. Mandarin Oriental, Beijing, which was scheduled to open in the second half of this year as part of the CCTV development in the city centre, has been postponed while the extent of damage caused by the fire at the construction site in February is reviewed by the relevant authorities.

Mandarin Oriental has a long-term management contract for the hotel with no ownership interest. The second hotel in Macau, which was also due to open in , is now set to open in early HTR: Do you think that the future pipeline will be more difficult to feed? In the current economic environment, the attraction of a strong brand is even more compelling to luxury hotel developers, as this can positively impact their ability to secure funding.

The group continues to review opportunities for additional management contracts and remains well positioned to take advantage of future investment opportunities that may arise in strategic locations. Overall, the intent of operating both owned and managed hotels remains fundamental to our strategy.