Tuesday October 1st, 2013 - 9:19AM
GENEVA, SWITZERLAND—Kempinski Hotels and Leela Palaces, Hotels & Resorts have mutually agreed to bring the companies’ 25-year relationship to a close.
Following a progressive phase-out which began in 2012, both parties will from now on promote their businesses separately. This move will allow Leela to further consolidate its sales and marketing network independently, while facilitating Kempinski Hotels’ direct penetration into the Indian market, according to the companies.
Reto Wittwer, president and CEO of Kempinski Hotels, said in a statement, “We are proud of the rewarding relationship which Kempinski Hotels and The Leela Palaces, Hotels and Resorts have enjoyed for more than 20 years.”
Captain CP Krishnan Nair, founder and chairman emeritus, The Leela Palaces, Hotels & Resorts, stated, “The strong cooperation enjoyed by the two luxury brands over more than two decades has immensely benefited both The Leela and Kempinski, and helped both brands significantly increase brand awareness globally and in the Indian market respectively.”