New World Hospitality Purchase of Rosewood Will Not Affect Guest Experience at Caneel

Although Caneel Bay, above, is under new ownership, guests can still expect unparalleled service at the resort.

The July 29 purchase of Rosewood Hotels and Resorts by Hong Kong-based New World Hospitality for a reported $229.5 million will not affect operations at Caneel Bay Resort.

While New World Hospitality now counts Rosewood’s properties as part of its portfolio, Rosewood will continue to manage Caneel.

“Rosewood Hotels and Resorts will remain the operator of Caneel Bay,” said Laura Lopez of the hotel’s PR firm, Hawkins International PR. “There won’t be any changes to how the resort is managed.”

Rosewood Hotels and Resorts, a privately owned ultra-luxury hotel management company based in Dallas will operate as the ultra-luxury brand within New World Hospitality’s portfolio.

“Rosewood will continue to operate as it has and nothing will change with its portfolio of properties,” said Lopez. “New World Hospitality’s resources will allow Rosewood to expand in new destinations, particularly Asia, so the Rosewood brand will become increasingly well-known in parts of the world where it lacked presence. The increased brand awareness will help Caneel Bay and all Rosewood properties.”
Rosewood was previously owned by Rosewood Corp. and Maritz, Wolff & Co. The hotel management company was established in 1979 by Caroline Rose Hunt. Its first hotel, The Mansion on Turtle Creek in Dallas, opened in 1980.

“Mrs. Hunt’s vision was to create luxurious, residential-style hotels that offer unparalleled attention to detail and exceptional personalized service,” according to Rosewood’s web site.

There are now 20 hotels and resorts in seven countries in the Rosewood collection.

New World Hospitality opened its first hotel, the Tsim Sha Tsui in Hong Kong, in 1979. Prior to purchasing Rosewood, New World’s portfolio consisted of 10 properties.

The big-time business deal won’t affect the tranquility that Caneel is so well-known for, Lopez reiterated.
“Guests will continue to enjoy the peaceful resort as they always have,” she said.

Caneel Bay Resort management recently closed the resort for the off-season and will reopen it in November to guests.