The Group closed 2019 with 10 new signatures and a pipeline of 32 projects under development under its three brands. The group is also continuing to expand in luxury branded residential market.
In Asia, seven Rosewood Hotels & Resorts opened in 2019, including in Hong Kong and Guangzhou. The expansion of the brand will continue with future openings planned for Greater China in Chengdu (2023), Shenzhen (2023), Taipei (2024), Ningbo (2024); Hoi An, Vietnam (2023) and Hermana Mayor, Philippines (2024). In Europe, the focus is on Italy, Spain and the Netherlands. In the Middle East, the group is growing in Saudi Arabia. The Rosewood Doha Hotel and branded residences have been signed in 2019 in the region. In the Americas, the opening of the Rosewood Miramar Beach in California and the signing of the Kona Village resort in Hawaii marked the previous year. The Group also planned its debut in South America with Rosewood São Paulo, which is scheduled to open in 2021. With regard to branded residences, the group is developing a new category of residences that will complement the existing offer of residences for sale and serviced rental apartments.