Kwee, Schulze Form Hotel-Management Firm

Kwee Inc. Pte Ltd. and West Paces Hotel Group have formed a hotel management company under a joint venture. The new company, to be known as West Paces Hotel Group Asia, will be based in Singapore. It will introduce the Capella Hotels and Resorts and Solis Hotels and Resorts brands in gateway cities and resort destinations in Asia. Making the announcement were Kwee Liong Tek, chairman of Kwee Inc. and Horst Schulze, chairman of West Paces Hotel Group. Kwee Liong Tek is also chairman of Pontiac Land, which owns such hotels as the Ritz-Carlton Millenia Singapore, the Conrad Centennial Singapore and the Regent Singapore. He will focus on business development and securing strategic partnerships. Schulze, former president, COO and vice chairman of the Ritz-Carlton Hotel Co., founded Atlanta-based West Paces Hotel Group in 2002. That company will contribute management and operations expertise in designing properties to appeal to affluent travelers. Capella Hotels and Resorts is aimed at travelers in the top 2 percent, demographically, while Solis will focus on business travelers and the group meetings market seeking luxury accommodations. Initial target areas include Singapore, Hong Kong, China, India, Indonesia and Thailand.

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