Dorchester Collection has announced it is no longer managing Le Richemond Hotel in Geneva. Set on the banks of Lake Geneva, the 109-room hotel was Dorchester Collection’s first third-party management agreement. The group was selected against strong competition, following a change in ownership of the hotel.
Le Richemond Geneva is owned by Worldwide Hotel Investments controlled by Malaysian tycoon Ananda Krishnan who also owns the Four Seasons Des Bergues, Geneva.
In a statement to CPP-LUXURY.COM The Dorchester Collection said: ‘Following discussions over the past few months between Societe Anonyme de l’Hotel Richemond S.A., the owner of Le Richemond Hotel in Geneva, and Dorchester Services Limited, which has operated Le Richemond since 2011, the parties announce their intention by mutual agreement to part company on 31 October 2017. Each party wishes the other success in its future business.’
Luxury hotel group Dorchester Collection which was founded in 2006 owns and manages some of the world’s finest luxury hotels: The Dorchester (London), Coworth Park (Ascot), 45 Park Lane (London), The Beverly Hills Hotel (Los Angeles), Hotel Bel-Air (Los Angeles), Le Meurice (Paris) Hôtel Plaza Athénée (Paris), Hotel Principe di Savoia (Milan) and Hotel Eden (Rome).
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