Skift Take
In September, Bob van den Oord became CEO of Langham, a luxury hotel group. In his first interview in the role, he talks about the group's multi-brand strategy to double its property count.
Early Check-In
Editor’s Note: Skift Senior Hospitality Editor Sean O’Neill brings readers exclusive reporting and insights into hotel deals and development, and how those trends are making an impact across the travel industry.
Langham Hospitality Group is a global luxury hotel company with 25 luxury hotels and 7 other hotels. Some context:
Great Eagle Holdings, a public property company based in Hong Kong, owns Langham, whose hotels make up a minority share of a broader portfolio. Great Eagle bought The Langham London in 1995 and began scaling it up as a global hotel group that manages its own properties. Unlike many companies in Greater China, Great Eagle is profitable and has a strong balance sheet with sound liquidity, according to its August financial filings.Langham Hospitality has been profitable so far this year.
In the first half of this year, these hotels generated about $51 million (403 million Hong Kong dollars) in profit for Great Eagle. Half of that profit came from its owned prope