Kerzner International Holdings Limited, the owner of the Atlantis Resort and Residences and One&Only Resorts brands worldwide, is restructuring its strategic leadership team. Michael Wale, who has held the role of CEO since February 2018, has been invited to join the Board of Directors of Kerzner International and Philippe Zuber, the current COO, will be leading the company as its new CEO. Finally, Michel Checoury, who has held the position of CFO since October 2018, will be adding chief administrative officer to his role.

A financier lets her mind wander as she tries to decide whether to invest in a Mediterranean or an Arctic resort. Relive this entertaining and interaction session as she assesses the key investment criteria and considers the outcomes of each proposal. 

Hotel investment and management company L+R Hotels is taking its Iconic Luxury Hotels collection beyond the U.K. The Hotel Excelsior Venice Lido Resort, Italy, is the newest and first international property to join the portfolio.

Property adviser Knight Frank has completed the sale of the Barnsdale Hall Hotel in Rutland, England, to Dineshbhai and Savitaben Patel on behalf of trustees, selling off a guide price of £10 million.

The Grand Hotel Savoia & Savoia Palace is to be rebranded under the Radisson Collection and the Radisson brands, following renovation works.

Rosewood Hotels & Resorts has been appointed by Quianto Capital to manage Rosewood Porto Cervo, which will open on Sardinia, Italy in 2022.

Meliá Hotels International used its AGM to announce its revised strategy for 2020 to 2022, named “The Day After”.

Investors looking to the Spanish market were expecting to see opportunities after the summer season has passed.

InterContinental Hotels Group reported that the pace of hotels reopening had continued to accelerate, with only 10% of the global estate now closed. 

The pandemic was encouraging investor to look at resorts, attendees of the R&R advisory board, hosted by Questex Hospitality, heard.