Filip Boyen, CEO of SLH
SMALL Luxury Hotels of the World (SLH) has unveiled a change in the company’s corporate structure, turning member hotels of the collection into shareholders of the company.
This means member hotels now have joint ownership of SLH along with the management company.
According to a statement by SLH, the change also allows for 12 million pounds (US$17.3 million) in investment over the next five years into the luxury brand.
“The 12 million pounds investment will enable us to further drive our newly improved quality assurance programme; refresh our loyalty offering and advance our technology and distribution systems,” said Filip Boyen, CEO of SLH.
No other details were provided.
The corporate restructure was voted for earlier on April 4 by all of the member hotels that voted.
