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By Nithyakala Neelakandan
Published on May 1, 2024
The Rosewood Hotel Group has introduced a groundbreaking initiative called the Impact Trailblazers, representing its most socially and environmentally progressive properties. These six properties, known as the Impact Trailblazers, are leading the way towards a more equitable and sustainable future.
They are Rosewood Hong Kong, Rosewood Baha Mar, Rosewood São Paulo, Rosewood Phnom Penh, Rosewood Mayakoba, and Rosewood Phuket. These properties have committed to achieving ambitious sustainability goals by 2025, focusing on eliminating single-use plastics, achieving carbon neutrality, waste diversion, local sourcing of produce and protein, developing meaningful community partnerships, and transforming restaurants into businesses with a purpose.
From eco-conscious culinary creations to sustainable design elements, each Rosewood hotel embodies a dedication to the planet and its people.
Staffed by refugees and ethnic minorities, Rosewood Hong Kong’s BluHouse pledges 1% of revenue to support underserved groups in the hotel’s neighborhood, fostering inclusivity and empowerment.
Partnering with the Bahamas Reef Environment Educational Foundation (BREEF), the Rosewood Baha Mar in Nassau offers immersive educational experiences at the Coral Reef Sculpture Garden.
Rosewood São Paulo in Brazil exemplifies a people-first approach, operating on 100% renewable energy and nearly zero waste. Over 45% of their workforce comes from underserved groups, embodying its dedication to social empowerment.
Achieving LEED Gold Certification, the Rosewood Phuket in Thailand boasts the largest solar energy system in Phuket and comprehensive recycling facilities. Its signature restaurant, Ta Khai, sources 100% of its ingredients locally, championing indigenous practices and supporting the local economy.
Rosewood Mayakoba in Riviera Maya, Mexico, empowers its community through its partnership with Centro Educativo K’iin Beh, a non-profit school. By reopening this school in 2017 and providing economic support to students, the resort fosters educational opportunities and community development.
Rosewood Phnom Penh in Cambodia celebrates the country's cultural traditions while prioritizing partnerships that uplift local livelihoods and care for the environment. Its community partnerships, such as with Phare Ponleu Selpak, provide artistic and vocational training to Cambodian youth, empowering them to create a brighter future.
Through their efforts, these properties are not only making a positive difference in their communities but also shaping the future of the brand. Mehvesh Mumtaz Ahmed, Vice President of Social Impact at Rosewood Hotel Group, says “Rosewood Impacts has always been about recognizing not only what we should and can be doing now, but also how we can continue to push ourselves towards better solutions for the future. The Impact Trailblazers are critical to this mission, with ambitions going above and beyond our current sustainability and social impact goals.”
These Impact Trailblazers serve as beacons of luxury and responsibility, demonstrating how the two can coalesce to create meaningful connections with guests, communities, associates, and the environment. Through their efforts, they are not only shaping the future of the Rosewood brand but also paving the way for groundbreaking achievements in circular hospitality and community empowerment.
Each Impact Trailblazer property showcases unique initiatives tailored to its local context. From boosting local businesses and preserving cultural traditions to championing coral conservation and supporting underserved communities, these properties are driving positive change on both a local and global scale.
For more information about Rosewood Hotel Group and its initiatives, visit rosewoodhotelgroup.com. Connect with them on social media: Facebook, Twitter, Instagram, WeChat @RosewoodHotels.
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By Nishang Narayan
Published on July 5, 2025
Hyatt Hotels is doubling down on its asset-light strategy with a major move—selling Playa Hotels’ real estate portfolio to Tortuga Resorts for $2 billion. This follows Hyatt’s acquisition of Playa in February for $2.6 billion, including debt. Playa operates 24 luxury all-inclusive resorts across Mexico, Jamaica, and the Dominican Republic.
The sale covers 15 of Playa’s resort assets, effectively reducing Hyatt’s net purchase price for the remaining Playa business to around $555 million. The deal, still pending regulatory nods in Mexico, is expected to close before the end of 2025.
As part of the arrangement, Hyatt and Tortuga will enter into 50-year agreements for these properties, allowing Hyatt to continue managing the resorts. Thirteen of the resorts will operate under Hyatt’s standard management fee structures, with two under separate agreements.
Hyatt CEO Mark Hoplamazian called the move transformational, noting it turns the Playa acquisition into a fully asset-light transaction. "It also ramps up our fee-based earnings," he added. Hyatt now anticipates its asset-light earnings mix could hit at least 90% by 2027.
Analysts view the swift real estate divestment positively, seeing it as a smart way for Hyatt to stay nimble while bolstering returns. Proceeds from this deal will primarily go toward repaying loans taken to finance the Playa buyout.
Novotel Visakhapatnam Varun Beach, a flagship Accor property, has proudly announced that it has been awarded the Green Key Certification, a globally recognised eco-label that underscores excellence in sustainable tourism and hospitality.
Granted by the Foundation for Environmental Education (FEE)—one of the world’s leading environmental education organisations and recognised by the Global Sustainable Tourism Council (GSTC)—the certification marks a significant milestone in the hotel’s ongoing efforts to integrate eco-friendly practices without compromising guest comfort or luxury.
Lakshmi Sridhar, General Manager, Novotel Visakhapatnam Varun Beach, said, “At Novotel Visakhapatnam Varun Beach, we believe that sustainability is not just a responsibility, but a way of life. Being Green Key certified reinforces our commitment to offering eco-conscious experiences that align with global environmental standards.”
The hotel has rolled out various impactful initiatives, from using clean, renewable energy and implementing robust waste management practices to driving water conservation, enhancing energy efficiency, and sustainably sourcing products. These measures are designed to benefit not only the environment but also the local community.
As travel trends increasingly lean towards conscious luxury and responsible tourism, this certification positions Novotel Visakhapatnam Varun Beach as a leader in sustainable hospitality in India.
Indian Hotels Company (IHCL), India’s largest hospitality player, has announced the signing of a new Vivanta property in Anjuna, Goa. This greenfield project marks another step in IHCL’s strategy to grow its presence across key leisure destinations in India.
Strategically located in Anjuna, celebrated for its vibrant culture and beaches, the upcoming Vivanta Anjuna, Goa will feature 110 well-appointed rooms. Guests can look forward to an array of facilities including an all-day diner, a bar, a swimming pool, a fully equipped gym, and modern conference spaces, catering to both leisure and business travellers.
Suma Venkatesh, Executive Vice President - Real Estate & Development, IHCL, shared, “IHCL has been at the forefront of pioneering destinations and has played a defining role in putting Goa on the global tourism map for over five decades. This signing is in line with our strategy to expand IHCL’s presence across segments in key leisure markets. We are delighted to strengthen our partnership with Fiesta Hotels with this new project.”
The hotel is being developed by Fiesta Hotels Pvt. Ltd., led by directors Ravinder Kumar, Manju Vardhan, Raj Vardhan, Harsh Vardhan, Gagan Garg, and Gaurav Garg, who have deep investments in real estate and hospitality. Ravinder Kumar, Director, Fiesta Hotels Pvt. Ltd., said, “We are proud to collaborate with IHCL through the addition of our second hotel in Goa. It stands as a testament to our shared vision to deliver exceptional experiences in one of India’s most cherished destinations.”
Goa continues to attract travellers with its sun-soaked beaches, Portuguese-era architecture, thriving culinary and music scene, and vibrant local communities. With this signing, IHCL’s Goa portfolio grows to 18 hotels, including five under development, underscoring its long-standing commitment to shaping Goa’s tourism landscape.
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