Small Luxury Hotels of the World (SLH) has celebrated its 20th anniversary at ITB Asia. The high-end hotel collection told media at ITB Asia in Singapore yesterday that the Asia Pacific region has become an increasingly important part of its business over the past two decades.
SLH CEO, Paul Kerr revealed that the region now accounts for 23% of its entire portfolio, compared to just 2% in 1991. Currently the company’s Asian portfolio includes 16 properties in India and 12 in China, and Kerr added that Asia was key focus for the company’s expansion plans.
“We have added 55 hotels so far this year, 15 of which have been in Asia,” Kerr said. “Asia and South America are key areas of growth for the company, but we don’t set targets.”
Kerr added that while the global SLH portfolio would undoubtedly increase from its current 520 hotels, the company has no major expansion plans. “If we hit 600 it would be good, but we have no real aspiration to grow to, say, 1,000,” Kerr said.
Pic caption: Paul Kerr, CEO of SLH, addresses media at ITB Asia, along with Anita Chan, Vice President of Regional Development Asia Pacific, and Mark Wong, Area Director Asia Pacific.