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]
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]
Rosewood Hermana Mayor (Zambales Province, Philippines) – 2023
Vietnam (1 property)
Rosewood Hoi An (Hoi An, Vietnam) – 2020
Japan (1 planned)
Rosewood Miyakojima (Miyakojima, Japan) – 2024
References
^"CORPORATE OFFICES". Rosewood Hotel Group. Retrieved 21 November 2020.
^"Our Team". Rosewood Hotel Group. Retrieved 21 November 2020.
^"ALIS AWARD WINNERS ANNOUNCED". Americas Lodging Investment Summit. Retrieved 14 February 2012.
^"Rosewood Deal Named M&A of the Year by ALIS". Perkins Coie. Retrieved 14 February 2012.
^"About Rosewood Hotels & Resorts". Retrieved 14 February 2012.
^Bosch, Hayley. "Hotel Of The Day: Rosewood Mansion On Turtle Creek". Forbes. Retrieved 14 February 2012.
^"Rosewood Mansion on Turtle Creek". Travel and Leisure. Retrieved 14 February 2012.
^"Rosewood Mansion on Turtle Creek". U.S. News. Retrieved 14 February 2012.
^"Rosewood is Selling the Management Group of The Mansion to New World Hospitality". D Magazine. 20 June 2011. Retrieved 14 February 2012.
^Brandt, Nadja (20 June 2011). "Luxury-Hotelier Rosewood to Be Bought by New World China for $229 Million". Bloomberg. Retrieved 15 February 2012.
^"New World Hospitality Completes Purchase of Rosewood Hotels & Resorts". PRNewswire. Retrieved 15 February 2012.
^ ab"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
Official website
April 17, 2023
rosewood, hotels, resorts, rosewood, hotels, redirects, here, parent, company, rosewood, hotel, group, this, article, contains, content, that, written, like, advertisement, please, help, improve, removing, promotional, content, inappropriate, external, links, . Rosewood Hotels redirects here For the parent company see Rosewood Hotel Group This article contains content that is written like an advertisement Please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view November 2018 Learn how and when to remove this template message Rosewood Hotels amp 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 amp 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 amp Acquisition of the Year 2011 by the Americas Lodging Investment Summit 3 4 Rosewood Hotels and Resorts LLCTrade nameRosewood Hotels amp ResortsTypeSubsidiaryIndustryHospitalityFounded1979 44 years ago 1979 in Dallas TexasFounderCaroline Rose HuntHeadquartersNew World Tower 118 Queen s Road CentralHong Kong 1 Area servedWorldwideKey peopleSonia Cheng CEO Radha Arora President 2 ParentRosewood Hotel GroupWebsiterosewoodhotels wbr com Contents 1 History 1 1 Acquisition by Rosewood Hotel Group 1 2 Chief executives 2 Properties and locations 2 1 By Region 2 2 The Americas 2 2 1 United States 6 properties 4 planned 2 2 2 Canada 1 property 2 2 3 Mexico 3 properties 2 planned 2 2 4 Caribbean Atlantic 4 properties 1 planned 2 2 5 Brazil 1 property 2 3 Europe 2 3 1 European Union 4 properties 6 planned 2 3 2 United Kingdom 1 property 1 planned 2 4 Middle East 2 4 1 United Arab Emirates 1 property 2 4 2 Saudi Arabia 1 property 2 planned 2 4 3 Qatar 1 planned 2 5 Asia 2 5 1 Cambodia 1 property 2 5 2 Greater China 4 properties 7 planned 2 5 3 Laos 1 property 2 5 4 Thailand 2 properties 2 5 5 Philippines 1 planned 2 5 6 Vietnam 1 property 2 5 7 Japan 1 planned 3 References 4 External linksHistory EditCaroline 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 Edit 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 amp Resorts from Rosewood Corp and Maritz Wolff amp 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 Edit Robert D Zimmer 1979 1988 Denny Alberts 1988 1998 James F Brown 1998 2003 12 John M Scott III 2003 2011 12 Sonia C M Cheng 2011 Properties and locations EditRosewood currently has 27 properties around the world with a further 25 properties planned for opening in the future By Region Edit Current Planned TotalThe Americas 15 7 22Europe 4 7 11Middle East 2 3 5Asia 8 10 19Total 29 27 56The Americas Edit The Carlyle A Rosewood Hotel United States 6 properties 4 planned Edit 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 2023 Rosewood Houston Houston Texas 2024 Rosewood San Francisco San Francisco California 2026 Rosewood The Raleigh Miami Beach Miami Florida opening date unknownCanada 1 property Edit Rosewood Hotel Georgia Vancouver B C Mexico 3 properties 2 planned Edit 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 2024Caribbean Atlantic 4 properties 1 planned Edit 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 2023Brazil 1 property Edit Cidade Matarazzo Rosewood Sao PauloEurope Edit Rosewood London European Union 4 properties 6 planned Edit Rosewood Castiglion del Bosco Tuscany Italy Hotel 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 2023 Rosewood Rome Rome Italy 2024 Rosewood Hotel Bauer Venice Venice Italy 2025 Rosewood Milan Milan Italy 2025United Kingdom 1 property 1 planned Edit Rosewood London London England The Chancery Rosewood London England 2024Middle East Edit United Arab Emirates 1 property Edit Rosewood Abu Dhabi Abu Dhabi United Arab Emirates Saudi Arabia 1 property 2 planned Edit Rosewood Jeddah Jeddah Saudi Arabia Rosewood Riyadh Riyadh Saudi Arabia 2025 Rosewood Red Sea Shura Island Saudi Arabia 2025Qatar 1 planned Edit Rosewood Doha Doha Qatar 2023Asia Edit Rosewood Hong Kong Cambodia 1 property Edit Rosewood Phnom Penh Cambodia Greater China 4 properties 7 planned Edit Rosewood Beijing Beijing China Rosewood Guangzhou Guangzhou China Rosewood Sanya Hainan China Rosewood Hong Kong Hong Kong 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 2030Laos 1 property Edit Rosewood Luang Prabang Luang Prabang Laos Thailand 2 properties Edit Rosewood Bangkok Bangkok Thailand Rosewood Phuket Phuket Thailand Philippines 1 planned Edit Rosewood Hermana Mayor Zambales Province Philippines 2023Vietnam 1 property Edit Rosewood Hoi An Hoi An Vietnam 2020Japan 1 planned Edit Rosewood Miyakojima Miyakojima Japan 2024References Edit CORPORATE OFFICES Rosewood Hotel Group Retrieved 21 November 2020 Our Team Rosewood Hotel Group Retrieved 21 November 2020 ALIS AWARD WINNERS ANNOUNCED Americas Lodging Investment Summit Retrieved 14 February 2012 Rosewood Deal Named M amp A of the Year by ALIS Perkins Coie Retrieved 14 February 2012 About Rosewood Hotels amp Resorts Retrieved 14 February 2012 Bosch Hayley Hotel Of The Day Rosewood Mansion On Turtle Creek Forbes Retrieved 14 February 2012 Rosewood Mansion on Turtle Creek Travel and Leisure Retrieved 14 February 2012 Rosewood Mansion on Turtle Creek U S News Retrieved 14 February 2012 Rosewood is Selling the Management Group of The Mansion to New World Hospitality D Magazine 20 June 2011 Retrieved 14 February 2012 Brandt Nadja 20 June 2011 Luxury Hotelier Rosewood to Be Bought by New World China for 229 Million Bloomberg Retrieved 15 February 2012 New World Hospitality Completes Purchase of Rosewood Hotels amp Resorts PRNewswire Retrieved 15 February 2012 a b James F Brown Resigns as Rosewood Hotels amp Resorts President amp CEO John Scott Named New President amp CEO a href Template Cite web html title Template Cite web cite web a CS1 maint url status link External links EditOfficial website Retrieved from https en wikipedia org w index php title Rosewood Hotels 26 Resorts amp oldid 1149342157, wikipedia, wiki, book, books, library,
