The Leading Hotels of the World has announced that Andrea Kracht, vice chairman and proprietor of the Baur au Lac in Zurich, Switzerland, will be its new chairman.
Kracht takes over from Jean-Jacques Gauer, who held the role for 20 years. Kracht said: "We have had an ambitious business plan to drive more revenue to our members. This plan which relies, not on an overall increase in our number of hotels, but in the quality of our portfolio – even if this means losing some properties that do not make the mark."
See the full release here: