LUX* Resorts & Hotels

Last updated
LUX* Resorts & Hotels
FormerlyNaïade Resorts
Company type Public
SEM: NRL [1]
IndustryHospitality, tourism
Founded1985
Headquarters Floréal, Mauritius
Key people
  • Arnaud Lagesse​ (chairman)
  • Paul Jones (chief​ executive​ officer)
  • Desire Elliah (chief​ financial officer)
  • Julian Hagger (chief sales​ and marketing officer)
RevenueIncrease2.svg Rs. 4.2 billion (2014) – €108 million
OwnerLUX* Island Resorts Ltd
Number of employees
2,900 (2014) [2]
Parent LUX* Hospitality Ltd
Website www.luxresorts.com

LUX* Resorts & Hotels is a major luxury hotel operator based in Mauritius which owns or part-owns many of its hotels and runs others under management contracts, which typically involve, in addition to management services, design, operations, sales and marketing. It is a wholly owned subsidiary of LUX* Hospitality Ltd., [2] which is listed on the Stock Exchange of Mauritius and is an affiliate member of IBL, the country's 2nd largest conglomerate. [3]

Contents

History

The company [4] was founded in 1985 in Mauritius, by a group of Mauritian investors, as Naiade Resorts, [5] with an emphasis on innovation, flexibility and a welcoming atmosphere. As well as gradually building up its own hotel operations, management contracts followed elsewhere in the Indian Ocean region.

In 2011, the group was rebranded [6] as LUX* Resorts & Hotels and a new CEO brought in, Paul Jones, who had previously made a name for himself with the One&Only brand. The company now placed its emphasis on a less-staid approach to luxury introducing "real" coffee, retro-styled ice-cream parlours, on-the-beach film screenings, pop-up restaurants, red vintage telephone boxes and wellness & spa programmes.[ citation needed ]

Business model

As of 2014 about one million tourists visit Mauritius every year, mainly coming from Europe, where the principal markets are France (including the neighbouring island of Reunion) and the United Kingdom. [7] Marketing is also increasingly aimed at other European countries, as well as India and China.[ citation needed ]

Most LUX* properties are beachfront hotels. LUX* Belle Mare is located on the East Coast, LUX* Le Morne on the West Coast and LUX* Grand Gaube in the North. All three are rated five star although the government is currently thinking of introducing a revised system.

The group also runs LUX* Maldives, recently rated by readers of Condé Nast Traveller magazine as their number-one pick on the Indian Ocean Hot List, as well as LUX* Ile de La Reunion and LUX* Tea Horse Road Lijiang in China. [8] There are plans to open five further boutique hotels along the Tea Horse Road in due course. LUX* is also moving into the Middle East, with a new hotel expected to open shortly in the United Arab Emirates, LUX* Al Zorah.

Other hotels managed by LUX* Resorts & Hotels include Tamassa in Bel Ombre on the South Coast of Mauritius, the Merville Beach just outside Grand Baie (Mauritius' largest seaside village) and Le Recif in Reunion Island. It also has a private island, Ile des Deux Cocos, located close to the Blue Bay Marine Park.

LUX* has developed a franchise with its Café LUX* brand in May 2015, the first Café LUX* coffeehouse to open outside LUX* Resorts & Hotels, featuring LUX*’s own organic Island Blend, freshly roasted at LUX* Belle Mare. Café LUX* opened its first coffeehouse in the heart of the island, at La City Trianon. It also has a fractional ownership division, LUX* Villas, in UK.[ citation needed ]

Ownership

As at June 2014, shareholding in the company's stock was as depicted in the table below: [2]

LUX* Resorts & Hotels ownership
Name of ownerPercentage ownership
IBL Limited39.21
The Mauritius Commercial Bank Ltd 6.59
The Anglo-Mauritius Assurance Society Ltd5.85
Other48.35

External recognition awards

2014


2013


2012

See also

Related Research Articles

<span class="mw-page-title-main">Four Seasons Hotels and Resorts</span> Canadian headquartered international hotel chain.

Four Seasons Hotels Limited, trading as Four Seasons Hotels and Resorts, is a Canadian luxury hotel and resort company headquartered in Toronto, Ontario, Canada. Four Seasons currently operates more than 100 hotels and resorts worldwide. Since 2007, Bill Gates and Prince Al-Waleed bin Talal have been majority owners of the company. As of January 2022, Cascade Investment owns 71.25% and Kingdom Holding Company owns 23.75% of the hotel and resort company.

<span class="mw-page-title-main">Alif Dhaal Atoll</span> Atoll of the Maldives

Alifu Dhaalu Atoll is an administrative division of the Maldives.

<span class="mw-page-title-main">JW Marriott Hotels</span> Mid luxury hotel brand

JW Marriott is an American luxury hotel brand owned by Marriott International.

<span class="mw-page-title-main">Desroches Island</span> Main island of the Amirante Islands, Seychelles

Desroches Island or Île Desroches is the main island of the Amirante Islands, part of the Outer Islands of the Seychelles.

Le Méridien is an American upscale, design-focused international hotel brand with a European perspective. It was originally founded by Air France in 1972 and was later based in the United Kingdom. Marriott International now owns the chain. As of June 2021, it had a portfolio of 109 open hotels with 29,439 rooms and a pipeline of 37 hotels with 9,585 upcoming rooms.

Waldorf Astoria Hotels & Resorts, formerly The Waldorf-Astoria Collection, is a luxury hotel and resort brand of Hilton Worldwide. It is positioned as the flagship brand within Hilton's portfolio, being used on hotels which offer the highest standards of facilities and service. As of December 31, 2019, it had 32 locations with 9,821 rooms in 15 countries and territories, including 2 that are owned or leased and 30 that are managed.

<span class="mw-page-title-main">Trou-aux-Biches</span>

Trou-aux-Biches is a small town with a public beach on the northern coast of Mauritius, in the district of Pamplemousses. According to the World Travel group, the beach is one of the most beautiful on the island. They awarded it the World's Leading Beach Destination at the World Travel Award for 2011. Many tourist resorts and boutique hotels are situated near the beach, such as the Trou aux Biches Resort & Spa. From Port Louis, the M2 highway heads towards it, with Trou-aux-Biches about a mile west from the end of M2. The airport and the town are connected by a public bus.

Aman Resorts is the trading entity of Aman Group Sarl, a Swiss-headquartered multinational hospitality company. Founded by Indonesian hotelier Adrian Zecha in 1988, the company operates 35 properties in 20 countries. Vladislav Doronin is the chief executive officer, chairman, and owner.

Tourism in Mauritius is an important component of the Mauritian economy as well as a significant source of its foreign exchange revenues. The tourism industry is also a major economic pillar on the island of Rodrigues; however, tourism has not been developed in Agaléga Islands. Mauritius is mostly appreciated by tourists for its natural environment and man-made attractions, the multi-ethnic and cultural diversity of the population, the tropical climate, beaches and water sports.

Beachcomber Resorts & Hotels is the trading name of New Mauritius Hotels Ltd, a Mauritius-based company in the hospitality industry. It owns and manages eight hotels in Mauritius, one in the Seychelles and one in Morocco. It also operates an in-flight catering business and five tour operating companies around the world.

InterContinental Danang Sun Peninsula Resort is a resort & spa in Da Nang, Vietnam. It is one of the resorts under the management of InterContinental Hotels Group in Vietnam. The resort opened on June 1, 2012.

<span class="mw-page-title-main">Adam Stewart (business executive)</span> Jamaican businessman (born 1981)

Adam Stewart is a Jamaican businessman. He is the executive chairman of the Caribbean-based resort company Sandals Resorts (SRI) and Beaches Resorts, president of the Sandals Foundation, and executive chairman of the ATL Group, a Jamaica-based automotive, commercial, and domestic appliance distributor. Stewart founded Island Routes Caribbean Adventures.

<span class="mw-page-title-main">Montage Hotels & Resorts</span>

Montage International is a luxury hotel and resort management company founded by Alan Fuerstman and based in Irvine, California. As of 2022, it operates 14 properties in the United States and Mexico, with seven of those properties under the Montage Hotels and Resorts brand and seven under its Pendry Hotels and Resorts brand.

<span class="mw-page-title-main">Kurumba Maldives</span> Resort in Maldives

Kurumba Maldives is a resort on the island of Vihamanaafushi, Located in the North Malé Atoll in the Maldives. Managed by Universal Resorts, Kurumba Maldives is the country's first Maldives resort. It was designed by architect Mohamed Shafeeq.

Than Phu YingChanut Piyaoui was a Thai businesswoman and entrepreneur best known as the founder of Thai hospitality group Dusit International. She served as the managing director and chairperson of Dusit International from 1970 to 2014, and held the post of honorary chairman.

Minor Hotels is an international hotel owner, operator, and investor headquartered in Bangkok, Thailand, with more than 550 hotels in over 55 countries across Asia-Pacific, the Middle East, Africa, the Indian Ocean, Europe, and the Americas. Minor Hotels operates as a subsidiary of Minor International, one of the largest hospitality and leisure companies in the Asia-Pacific region. The group operates hotels under the brands of Anantara Hotels & Resorts, Avani Hotels & Resorts, Elewana Collection, Oaks Hotels, Resorts & Suites, NH Hotels, NH Collection, nhow Hotels, and Tivoli Hotels & Resorts.

Katara Hospitality, formerly known as Qatar National Hotels Company, is the largest hotel owner, developer and operator in Qatar. It is government-owned. As of 2016, the company owns properties in Qatar, Egypt, Morocco, the United Kingdom, France, Italy, Singapore, the Netherlands, the United States, Switzerland, Spain and Thailand. The company has a portfolio of 40 hotels in mid-2019.

Raffles Hotels & Resorts is a Singaporean chain of luxury hotels which traces its roots to 1887 with the opening of the original Raffles Hotel in Singapore. The company started to develop internationally in the late 1990s. Since 2015, Raffles is part of Accor.

The Seven Stars Luxury Hospitality and Lifestyle Awards are a series of annual awards presented to international recipients in the hospitality industry. They were created by Khalil El-Mouelhy in 2013.

<span class="mw-page-title-main">Amaya Resorts & Spas</span> Sri Lankan hotel chain

Amaya Resorts & Spas, trading as Hayleys Leisure PLC, is a Sri Lankan hospitality company. The company is listed on the Colombo Stock Exchange on 11 March 1996 and Sri Lankan conglomerate, Hayleys owns a controlling stake of 61.66% of the company's stocks. In 2020, Amaya Resorts & Spas ranked 87th amongst the top 100 most valuable brands in Sri Lanka by Brand Finance.

References

  1. ↑ "Company Snapshot Information – Code". Stock Exchange of Mauritius. Retrieved 22 December 2015.
  2. 1 2 3 "Lux 2014 Annual Report" (PDF). LUX Island and Resorts. Archived from the original (PDF) on 24 September 2015. Retrieved 21 December 2015.
  3. ↑ "Mauritius Top 100: GML ranks first on turnover; MCB on profits". Africa MONEY. Archived from the original on 22 December 2015. Retrieved 22 December 2015.
  4. ↑ luxresorts.com. "About LUX* Resorts & Hotels". www.luxresorts.com. Retrieved 2017-08-23.
  5. ↑ "LUX Hospitality Ltd :: OpenCorporates". opencorporates.com. Retrieved 2017-08-23.
  6. ↑ "Annual 2013 Lux Shareholder Report" (PDF). Archived from the original (PDF) on 2015-09-24. Retrieved 2015-05-12.
  7. ↑ "Monthly Tourist Arrival". Archived from the original on 2015-03-20. Retrieved 2015-05-12.
  8. ↑ luxresorts.com. "LUX* Resorts & Hotels announces the LUX* Tea Horse Road as the cornerstone". www.luxresorts.com. Archived from the original on 2017-08-23. Retrieved 2017-08-23.
  9. ↑ "Winners of the 15th edition of the Worldwide Hospitality Awards". hospitality-on.com. Retrieved 2017-08-23.
  10. ↑ "The winners of the TTG Travel Awards 2014". TTG Media | Travel industry, travel agent and tourism news, events and jobs. Retrieved 2017-08-23.
  11. ↑ luxresorts.com. "LUX* Receives CTW Award 2014 - About us". www.luxresorts.com. Retrieved 2017-08-23.
  12. ↑ luxresorts.com. "LUX* Resorts & Hotels was awarded Best Mauritian Hotel Group at the recent". www.luxresorts.com. Retrieved 2017-08-23.
  13. ↑ luxresorts.com. "LUX* Me 2014 World Luxury Spa Award Winner - About us". www.luxresorts.com. Retrieved 2017-08-23.
  14. ↑ "LUX* Resorts Awarded the TTG Travel Award for 'Luxury Travel Supplier of the Year 2012' | About us - LUX* Resorts & Hotels". Archived from the original on 2015-05-15. Retrieved 2015-05-12.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.