Frankfurt, Germany – 30 August 2017 –
Just five years and an impressive performance record: Puneet Chhatwal rehabilitated the Steigenberger Group, shaped the globally expanding Deutsche Hospitality and, since a leaving CEO, leaves the record-breaking results each month. At the end of the year, his contract in Frankfurt / Main substituted the magnetic top hotelier with the seat of the most prestigious Taj Hotels (Indian Hotels Company / IHCL, a Tata Group company) at Mumbai. After 30 years of successful resort professions in Europe, Mr. Chhatwal returns to the vicinity of his Indian family. His footsteps fill, a huge challenge for a successor.
Puneet Chhatwal always understood the Deutsche Hospitality leadership with wonderful sensitivity and a great awareness of the fingertip about the many international challenges – too linguistic; he also discusses a number of other foreign languages besides English and German. The top management of the Steigenberger Hotels is now filled with globally experienced characters, the sales system is enlarged globally with “Local revenue Heros” and Deutsche Hospitality is highly considered an organization of all kinds; Even more outside Germany than in its origin, it seems.
The traditional brand name Steigenberger – currently 58 houses – is established globally in addition to the second brand InterCityHotels (41), which was always considered a cash cow, but had to break away in the shadows. With Jaz (1 / Amsterdam), Puneet Chhatwal has created a new expectation of the smart boutique hotels not simply for Millennials. The revolutionary concept is considered a “play meadow” and a test place for the essential concept adaptations in the Steigenberger (Grand) Hotels. The growth with now 27 hotel projects, particularly in the Near and Middle East – Mr. Chhatwal created a coup in Iran alone – and in East Asia the management team in Frankfurt / Main is ahead: New horizons in the brand new, powerful East with strong roots in European nations tradition. The new umbrella brand, Deutsche Hospitality, should always express this; presumably, even among critics, that this will soon be considered a wise decision with foresight.
With the Taj Hotels Palaces Resorts Safaris, the IHCL’s official market title expects new challenges to get a billion-dollar target group. In addition to the ultra-luxury Taj Hotels, the two brands Vivanta and Gateway global are to be enlarged and possibly new, promising innovative hotel concepts opened up. And in China one attempts to grasp the developing guest stories regarding the most frequently used digital service WeChat. Puneet Chhatwal is not likely to scare him, after all, he pushed it all himself. He’ll surpass himself again. The simple fact that only a prosperous top hotelier out of Germany will lead one of the world’s best resort groups in the future could be viewed as a landmark in hotel history.