Some of the best quotes from stories of the past week, including
Gencom’s Alessandro Colantonio’s big boast about their new hotel in Chicago and
Springboard Hospitality’s Ben Rafter on indie culture.
QUOTE OF THE WEEK
“The strategy here is to come out as the rate leader in the market. We hope to
set a new bar for luxury. It is certainly too soon to tell, but we’re very
encouraged that we will have the best product in Chicago, from a luxury
standpoint, and from any segment for that matter.” – Alessandro Colantonio,
Gencom, on the acquisition of the St. Regis Chicago Read story
“Our culture is fast-moving and decision-oriented with a
reasonable amount of controlled chaos. If one came from a regimented culture,
more akin to the large flags, the learning curve of working for us would be
very steep.” – Ben Rafter, Springboard Hospitality Read story
“It will enjoy more visibility and presence in Radisson’s
commercial platforms alongside their nine other brands and Radisson will take
an active development role for new art’otels around the world. PPHE’s current
and future art’otel properties will continue to be operated by PPHE.” – PPHE
Chief Financial Officer and Executive Director Daniel Kos on the future of the
art’otel brand Read story
“If we go with just our own [hotel] investments, it’s heavy.
We can only do one or two projects at a time. So, we want to go asset light,
which will help us diversify the business, grow faster, create more awareness
for Chatrium Hospitality and gain economies of scale. We want to bring our expertise
into the market and help other owners achieve [healthy] returns.” – Savitri
Ramyarupa, Chatrium Hospitality Read story
"The Lindner [Hotels] deal [a collaboration begun in
2022 that so far has brought 30 European properties into the Hyatt portfolio]
now gives us a strong presence, especially in Germany, but it also represents
the largest feeder market to the Canary and Balearic Islands in Spain,
therefore helping our ALG resorts as well.” – Hyatt Chief Commercial Officer
Mark Vondrasek during the company’s Investor Day Read story
SNEAK PEAK (story posting on Monday)
“For growth beyond Asia, it needs its own clearer voice that carries beyond its
rich Asian history, or perhaps making more of it as a point of distinction.” –
Rajit Sukumaran, IHG’s managing director Southeast Asia and Korea on the potential
growth of the Regent brand