YTL Hotels, a Malaysian conglomerate, has announced plans to expand its current portfolio to include the MUSE in Saint-Tropez, France, and the Swatch Art Peace Hotel in Shanghai, China. The MUSE, opening June 2010, is located close to the Place des Lices. This retreat will feature 14 elegant suites, all with gardens. Meanwhile The Swatch Art Peace Hotel in China is scheduled to open in the same month. With the appointment of James McBride as President of YTL Hotels last July, the expansion plan is in line with YTL Hotels’ vision to bolster its global operations and enhance its existing collection of hotels and resorts. “We are excited and very enthusiastic with our expansion plans. As a company with a strong financial disposition despite the recent economic meltdown, YTL Hotels seized the chance with acquisition and expansion opportunities,” said McBride. ‘The locations of these new hotels and resorts were thoughtfully chosen, so we could integrate the local environment and culture seamlessly into our existing portfolio, bringing out the best of each destination.’
Other new developments include Pulau Gaya and Pulau Tiga in Borneo.