A company known primarily for its big-city hotels with a business-leaning bent, Langham Hospitality Group would seem among the most exposed to Covid-19’s economic wrath.
But under the leadership of Chief Executive Officer Stefan Leser, the company is seeing a grab bag of highs and lows…
January 2021 1041 Cordis, Hangzhou, Sci-Tech City opens and joins its sister Cordis hotels in Shanghai, Beijing, Dongqian Lake, Hong Kong and Auckland. Located in the heart of the high technological and integrated complex, Hangzhou Future Sci -Tech City, Cordis, Hangzhou is a contemporary, approachable luxury hotel which features 186 rooms and suites ranging from 36 to 190-sq-m in size, three restaurants and bar, a 24 hour well-equipped gym and a diverse range of flexible meeting and event spaces suitable for all events. Strategically located, the hotel is 400 meters away from Liangmulu subway station (Subway Line 5) and also have easy access to Alibaba’s headquarter, Xixi Tech Zone, Xixi Wetland National Park, Liangzhu Ancient City and West Lake.
‘Nobody Gets Out of This Stronger’ Says Langham Hotels CEO
Bloomberg 1/12/2021 Nikki Ekstein
(Bloomberg) A company known primarily for its big-city hotels with a business-leaning bent, Langham Hospitality Group would seem among the most exposed to Covid-19’s economic wrath.
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But under the leadership of Chief Executive Officer Stefan Leser, the company is seeing a grab bag of highs and lows that include the most ambitious expansion pipeline in the brand’s history, new properties whose reservations managers are busy with requests from people who may not be able to actually visit, and a strong business in China where hotels saw larger revenues in the back half of 2020 than they did in January, before the pandemic sent travelers away. (Wuhan locked down on Jan. 23, with further mainland China restrictions following a few days later, only marginally affecting that month’s revenues.)