BHMAsia

Bespoke Hospitality Management Asia Agrees to Strategic Acquisition by Flight Centre Travel Group

Bangkok, 7 July 2017 – Bespoke Hospitality Management Asia (BHMAsia), an emerging Asia-based hotel management company, announced it had agreed its acquisition by The Flight Centre Travel Group (FLT). The acquisition will be FLT’s first investment in the accommodation sector and will strengthen its rapidly expanding in-destination travel experiences division, currently being the company’s third core business pillar, alongside its extensive leisure and corporate travel operations. FLT is one of the world’s largest travel agency groups; it has company-owned operations in 14 countries and a corporate travel management network that spans more than 75 countries. It employs more than 19,000 people globally and has a total of 3,000 stores, with annual group revenues in excess of USD$14bn.

Chief Executive Officer, Anthony McDonald, said the acquisition would help fast-track BHMAsia’s growth. “Strategically, this is a perfect fit – Flight Centre has customers that need hotels and BHMAsia has hotels that need customers. By leveraging FLT’s global distribution network, BHMAsia-managed hotels can deliver improved returns to their owners and an end-to-end experience for FLT customers”.

BHMAsia’s current management portfolio includes properties in Bangkok, Phuket, Koh Samui, Pattaya and Chiang Mai. Properties range from individual villas and apartments to hotels and resorts. The company is taking on larger properties, including the recently opened 266-room X2 Vibe Sukhumvit Hotel in Bangkok, and is poised to expand its footprint into Vietnam (Hoi An and Danang) in 2018.

BHMAsia’s brands include:

  • X2 (Cross To): Luxury by design – five-star hotels and resorts
  • X2 Vibe : Mid-scale lifestyle hotels and resorts; and
  • Away Resorts and Villas: Casual resorts and retreats

Mr. McDonald founded BHMAsia in 2013 and will remain in the business as CEO, along with other key BHMAsia executives, as it continues its expansion throughout the Asia Pacific region.

Full details of the transaction and the strategic plans for the group will be released shortly, after the formal completion of the deal.

X2 Hoi An Resort and Residence - the Winner of 3 Accolades at the Vietnam Property Awards 2017

Stunning Design Makes “X2 Hoi An Resort & Residence” the Winner of 3 Accolades at the Vietnam Property Awards 2017

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Bangkok, 27 June 2017 – BHMAsia, Asia’s fastest growth hotel group, is proud to announce huge wins at the annual PropertyGuru Vietnam Property Awards, with the new X2 Hoi An Resort & Residence finishing first in three separate categories, and highly commended in a further four.

BHMAsia’s latest development, X2 Hoi An Resort & Residence won Best Condo Development (Danang), Best Housing Development (Danang), and Best Hotel Architectural Design, while gaining recognition for its outstanding design characteristics in Best Housing Architectural Design, Best Residential Interior Design, Best Hotel Interior Design, and Best Hotel Landscape Architectural Design.

Design is one major attribute BHMAsia can bring to any new development, and few epitomize the concept better than X2 Hoi An Resort & Residence, which combines modern design and world class amenities. The residence occupies a 7-hectare site with 650 meters of river frontage and an organic garden serving as a key landscape feature. The bow shape of the land and its riverside setting increase the positive feng shui energy of the site, while the natural environment will be further enhanced by applying environmentally sustainable practices to become one of Vietnam’s first ” Lotus Certified ” residences.

The residence offers 70 privately-owned Villas ranging from 2-4 bedrooms (144-323 sqm), and 31 Duplex Lofts with one bedroom (85 sqm) for sale, featuring excellent facilities such as infinity pools, restaurants, gym and spa. Almost every unit offers a river view or direct river access, and all have been thoughtfully designed to ensure privacy. Residents will also have direct access to the nearby BLUSH Beach Club which sits on one of the region’s premier beaches, while golfers will love the proximity of the international courses at the Danang Golf and Montgomerie Links.

The X2 Hoi An Resort & Residence is only 30 minutes’ drive from Danang International Airport and 10 minutes from the UNESCO World Heritage site of Hoi An. Vietnam’s Central Coast has recently seen extensive planning and infrastructure investment which has aimed to deliver upgrades to the road network, utilities, and Danang’s airport along with new golf courses and a casino close to Hoi An, standing the region in good stead to attract an increasing number of condominium or condotel projects. The coastal stretch from Danang to Hoi An is an outstanding beach destination and cultural center with significant potential for long-term investment in second homes and resorts – and the Vietnam Property Awards have duly confirmed X2 Hoi An Resort & Residence as one of the very best options available.

The property is set to open in Q4 2018, and more information is available at http://x2resorts.com/residences-for-sale/hoi-an.

BHMAsia-X2-Vibe-Bangkok-Sukhumvit-Hotel_Superior-Room

BHMAsia Opens X2 Vibe in Sukhumvit Bangkok

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Bangkok, 27 April 2017 – BHMAsia has announced the launch of the new X2 Vibe Bangkok Sukhumvit Hotel in the residential heart of Bangkok where travellers can enjoy the real local vibe while experiencing the unique design of X2 Vibe brand.

Comprising two buildings located on Soi Sukhumvit 52 just 30 minutes by car from Suvarnabhumi Airport and offering convenient BTS Sky Train access with direct links to Bangkok’s business and entertainment districts, X2 Vibe Bangkok Sukhumvit Hotel offers 266 guestrooms and suites. The main building provides fully equipped meeting facilities along with 145 stylish and originally designed rooms with city views, while the residence building offers 121 spacious and well-appointed rooms, blending modern design with a Bangkok aesthetic, and floor-to-ceiling windows. The one, two, and three-bedroom units all feature a pantry/kitchen adding comfort and convenience to longer stays.

Two food and beverage outlets welcome guests and local residents. The signature 4K Café serves an enticing range of western dishes and Thai fusion cuisine while VIBAR, the pool bar, features a beverage selection from energizing health drinks to innovative cocktails and wines.

With its outdoor swimming pool, fitness centre, the hotel is a haven for health fanatics, but X2 Vibe takes it one step further with a relaxing Japanese urban Onsen, and an immaculate putting green where golfers can hone their short game before heading out to one of the many nearby courses. Perfectly complementing the Onsen, a day spa is also offered where travellers can reach the perfect balance of body and soul for the ultimate escape in the midst of the bustling city.

“BHMAsia is known for its design oriented resorts through our X2 brand. X2 Vibe is a similar product but in city locations to cater to those who enjoy social engagement with the destination they are visiting, connecting with local residents or even with our local staff who can tell you where to go, what to eat, and how to make your experience even more enjoyable. As a brand we don’t compromise on the design or quality of our product. We offer facilities like the Onsen, gym, and meeting rooms which set new benchmarks in local hospitality,” explained Alexander Parry, VP of Operations. “We see the city hotel concept has received great feedback, so we will be looking to open more X2 Vibe in other cities soon.”

The hotel is currently offering special introductory rates starting from just THB1,100, including stay in a Standard Room with breakfast for two, valid from now through 31st October 2017. For more information, please visit www.X2vibe.com.

BHMAsia Appoints Alexandre Amine Chaoui as Chief Financial Officer

BHMAsia Appoints Alexandre Amine Chaoui as Chief Financial Officer

BHMAsia Appoints Alexandre Amine Chaoui as Chief Financial Officer

Bangkok, 23 March 2017 Alexandre Amine Chaoui takes over as CFO in order to improve the internal controls and financial management of BHMAsia and its properties, and to prepare the financial operating systems in readiness for the company’s anticipated growth. Amine, who holds a master’s degree in finance from HEC Paris in France, has previously worked with Barclays Investment Bank and has extensive experience in France, the UK, Thailand, Myanmar, the UAE and Africa. His previous roles have encompassed financial modeling, analysis, management and structuring, financing and fundraising, investment banking, and hospitality finance and investment, providing a rich skill set as Amine takes up his new position.

“BHMAsia is rapidly growing and this needs to be accompanied by financial reporting of the highest standard at the management company level and at the properties’ level. We also require sound monitoring of profitability, financial performance and cash flow,” explained Amine.

Amine’s duties also include securing adequate capitalization and funding for BHMA as the company seeks to expand. “BHMAsia will be the leading boutique hotel operator in South East Asia,” said Amine, outlining his vision. “We will be above our competitors in profitability, financial performance, and ROI for owners and shareholders.”

BHMAsia Executive Team - Alexander Stenrud Parry

BHMAsia Appoints Alexander Stenrud Parry as Vice President of Operations

 

BHMAsia Appoints Alexander Stenrud Parry as Vice President of Operations

Bangkok, 23 March 2017 – The new VP of Operations at BHMAsia is Alexander Stenrud Parry, a Swedish national who brings over 20 years’ hotel industry experience, previously based in Los Angeles, Las Vegas, New York and most recent years in Thailand with Accor Hotels. Top of the priority list for Alexander will be to ensure the successful opening of eight new hotels this year, and to apply his knowledge of larger properties as BHMAsia adds the 266-room X2 Vibe Bangkok Sukhumvit Hotel and the 230-room X2 Vibe Hoi An Residence.

“BHMAsia is now experiencing strong growth with several new hotels in our portfolio and we are taking big leaps across borders in Asia which will lead to some growing pains. The challenge is to quickly anticipate and adapt to market movements and technological changes; being innovative and agile as a company is a must in today’s highly competitive hotel industry,” observed Alexander as he prepared to take responsibility for overseeing the company’s expanding operations.

“In the last 20 years, I’ve acquired in-depth knowledge in managing hotels and resorts which can help me to better support and coach our hotel General Managers to successfully lead our hotels, manage assets, provide excellent guest satisfaction and achieve our financial targets.”

BHMAsia Executive Team - Steve Lockhart

BHMAsia Appoints Steve Lockhart as General Manager of X2 Kui Buri Resort

 

BHMAsia Appoints Steve Lockhart as General Manager of X2 Kui Buri Resort

Bangkok, 23 March 2017 – The final appointment is that of Steve Lockhart as GM for X2 Kui Buri Resort. This property has won multiple awards for its exceptional design and unique architecture created by renowned Southeast Asia-based architect Duangrit Bunnag, and is known as the ultimate holiday resort among local and international guests.

Located in a peaceful fishing village three hours south of Bangkok, the resort is now ready to welcome guests once more following renovations, and Steve will be responsible for providing a whole new range of upgraded service standards.

“BHMAsia has its finger on the pulse and supplies a unique level of luxury service whilst expanding rapidly. My challenge is to enhance and improve the X2 experience for guests within an innovative company that has existing high standards and unique luxury experiences,” said Steve, who has spent over 20 years in hospitality with Accor and has a wealth of multicultural experience in luxury properties.

“My goal is to work with the existing team ensuring all our guests experience the unique luxury level of satisfaction that BHMAsia delivers so well,” he added.

BHMAsia Vietnam Team - Lam Tran

BHMAsia Appoints Tran Lam as Director of Technical Services

Lam Tran - Director of Technical Services

Bangkok, 23 March 2017 – The new Director of Technical Services is Tran Lam, whose extensive academic background is in design, architecture and engineering. He has been working in the urban design field for 13 years, including 9 years in leadership roles where he has taken charge of a number of high-profile projects in Vietnam, China, and the UK, valued in excess of $50 million. His expertise in project scheduling, cost control and quality management will be valuable assets to BHMAsia as the company continues its rapid growth.

While Lam oversees technical services across all regions, bringing his experience and knowledge to ensure that the X2 design DNA is replicated appropriately throughout the network and meets all the aesthetic and technical brand requirements, he is based in Vietnam where he can offer specialist insights into Vietnamese planning and construction standards as he guides the anticipated expansion in the country.

BHMAsia - X2 Vibe Viet Tri room signing ceremony

BHMAsia Opens Representative Office in Vietnam

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Bangkok, 22 February 2017Hot on the heels of the January signing ceremony for the X2 Vibe Viet Tri Hotel, BHMAsia opened a new representative office in Ho Chi Minh City in February, underlining the company’s commitment to Vietnam, and opening up a significant number of pre-opening opportunities for experienced hospitality professionals.

The Vietnam office is headed by Simon Jinks, a veteran hotelier who brings experience in managing properties in Asia, including Vietnam, Thailand and Indonesia. Simon’s expertise lies in the midscale and upscale hotel segments, with a talent for rebranding and managing the opening of large international brand hotels, such as Accor.

“Relationships are everything in doing business, and that’s why we feel that having a presence here in Vietnam is so important to strengthen the trust of our investors and potential new clients. More importantly we want to make sure that our clients can reach out to us whenever they need,” said Simon.

The office gives BHMAsia a full-time presence as one of very few international brands with representation in Vietnam, and will allow new Director of Technical Services, Lam Tran, to use his experience in architectural design and project management to support investors by working closely on design, development and brand standards, which is a key strength of BHMAsia.

All five properties in Vietnam are in the development phase, with X2 Vibe Hoi An Residence scheduled to open first with 230 keys in Q3 this year, followed by the lakeside X2 Vibe Viet Tri Hotel in Phu Tho province, around one hour from Hanoi, in Q2 of 2018 and a further 112 keys at X2 Halong Bay Hill Resort later on.

BHMAsia is now firmly on course to reach its target of 16 properties and 3,000 rooms in Vietnam by the end of the year. As Vice President of Business Development, Frederic Garnier, explained, “Vietnam is a strong market, there are new destinations and the infrastructure is good. The gaming industry is booming and tourism is on the rise.”

“Our project sizes here in Vietnam are much bigger than Thailand, not only for hotels but residences as well. We have a number of new owners, individual rather than institutional investors, and these are repeat investors. They have their first property with us and then they add their second. This is why it’s important to have an office here for their convenience – we can assist them whenever they need.”

BHMAsia - X2 Vibe Chiang Mai Decem Hotel

Busy 2016 for BHMAsia Sets the Scene for 2017 Openings

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Bangkok, 31 January 2017 – With 15 new deals signed across Thailand, Vietnam, and Indonesia, 2016 proved to be a successful year for Bespoke Hospitality Management Asia as the addition of around 1,200 new keys represented a doubling of total inventory. Looking ahead to the coming year, some of these properties will be among 8 new additions slated to open in the region in 2017, underlining BHMAsia’s commitment to further growth.

Expansion in Thailand during 2016 involved all three BHMA brands; X2, X2 Vibe, and Away, and focused on Chiang Mai where arrangements were put in place for four additional properties. Deals were also agreed to add one new hotel in each of the traditional tourist destinations of Bangkok, Phuket, Pattaya, and Hua Hin, while the upcoming destinations of Khao Lak and Khao Yai will make exciting additions to the BHMAsia portfolio.

Moving further afield, BHMAsia has brought its “luxury by design” ethos and tailor-made solutions to Vietnam and is about to establish a presence in the World Heritage Site of Hoi An, as well as closing deals for Viet Tri and Danang, once again encompassing all three brands. In Indonesia, terms were agreed for a 150-room X2 property in Lombok’s Mandalika development, set to open in 2018.

With agreements in place, a number of these properties will open their doors in 2017; BHMAsia can announce openings in each of the four quarters, beginning with the X2 Vibe Bangkok Sukhumvit Hotel in March. This 266-room property marks BHMAsia’s entry to the Bangkok market, and will be followed in 2018 by the X2 Bangkok Silom.

June sees the X2 Chiang Mai Riverside Resort welcoming guests, while Pattaya and Hoi An will both gain X2 Vibe Hotels in Q3. Q4 will be especially active, with Hua Hin, Koh Samui, Chiang Mai and Phuket Bangtao all commencing operations before 2017 is out.

The integration of 8 new hotels within the BHMAsia operating platform will require an increase in staffing levels to handle the additional demands, while the Vietnamese expansion will be addressed through a new representative office to open in Vietnam this February.

“Our expansion this year is part of a long-term strategy based on a flexible approach that lets us build strong relationships with clients,” explained Executive Vice President Alexander Wallace. “We will continue to look for the right projects to manage, with a particular emphasis on Bangkok.”

BHMAsia - X2 Yachting a view of shiraz from drone shot

X2 Yachting Launches First Boat in Pattaya Charter Fleet

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Bangkok, 10 November 2016 – After the successful launch of X2 (CrossTo) River Cruises on the Chao Phraya River, the international lifestyle brand has expanded its water transportation reign with the launch of X2 Yachting in Pattaya.

X2 Yachting based in Ocean Marina Yacht Club will provide a luxury day and an overnight cruise on board with its 53-foot Grand Banks style, the luxury motor cruiser “Shiraz”. The boat was recently renovated by the company and promises a true classic yachting experience, with all the modern comforts of new boats.

Air-conditioned cabins, setting for up to 20 people, large undercover outdoor areas on the flybridge and modern-tech conveniences provide a memorable yachting experience. According to Mr. Anthony McDonald, CEO and Founder of X2 Lifestyle Group, “We saw a need to quality-luxury yachting experience in the gulf that is both affordable and genuine. There are many wonderful islands and bays within a short distance from Pattaya, almost unknown to most Thais”, he added “The boat was specifically redesigned to cater to comfort, stability and with lots of sun cover. It allows all guests to experience the true luxury of boating”.

The boat will primarily be used for day cruises to nearby islands, with half day cruises from THB45,000 inclusive of soft drinks and snacks for up to 20 people. Full day and overnight cruises to Koh Samet and Koh Kood are also offered for a group of 6 people.

“We are truly excited that the X2 brand is now becoming known as a luxury lifestyle travel brand, and not just famous for our design hotels and resorts” said Mr. Anthony McDonald.

For more information, visit www.X2yachtcharter.com or email sales@X2yachtcharter.com or call +66 087 611 8075