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 July 21, 2015
Marco Polo Hotels President Announces Retirement; Successor Announced

 Eric Waldburger, President of Marco Polo Hotels announced his retirement today, effective 31 January 2016. As President, Mr. Waldburger has led the company for the past three years through one of its most active periods in over a decade with the openings in the past year of Marco Polo Ortigas Manila, Marco Polo Changzhou and the launch of the new luxury brand, Niccolo by Marco Polo in Chengdu, China. At the same time he prepared the three Hong Kong properties for the challenging years ahead, spear-heading the amalgamation of operations at the three properties.

As one of Asia's most experienced hoteliers and with a knowledge base that extends over 40 years, Mr. Waldburger believes that the timing is ideal for a seamless transition to a new chapter for Marco Polo Hotels. He said, "This has been a most dynamic period for Marco Polo Hotels and I am proud to have had the opportunity to work with a company that believes in its people, and has a long term vision to grow a sustainable hotel company. I know I can leave with the belief that we have taken the group to a higher level, which will ensure its success long into the future," he added.

In announcing his retirement he also announced his successor, an internal appointment, Ms. Jennifer Cronin who is currently Vice President Sales & Marketing of the hotel group. Mr. Waldburger stated, "Jennifer has clearly demonstrated her commitment, leadership and professionalism since joining Marco Polo Hotels in May 2014. We are confident that Jennifer will strategically drive new initiatives and developments for the group and further strengthen the Marco Polo and Niccolo brands as we expand our portfolios."

An Australian, Jennifer has an extensive career and successful track record throughout Asia and Australia in senior marketing and operational roles, including Hyatt International, Ritz Carlton and Dusit International. She will commence as President-Designate from 1 August this year, and will then assume the role of President upon Mr. Waldburger's retirement on 1 February 2016.

Marco Polo Hotels

A wholly owned subsidiary of The Wharf (Holdings) Ltd, Marco Polo Hotels currently operates 14 owned or managed upscale, full-service hotels throughout Hong Kong, China and the Philippines. Niccolo by Marco Polo was recently added to the group's portfolio as the new luxury collection. In addition to 4 Niccolo hotels, the group has a further 2 Marco Polo properties currently under development, bringing the group to 19 hotels in total. Marco Polo properties are well-known and established addresses for business and leisure travellers throughout the Asian region, with a proven reputation for exceptional service and an appreciation for their local identity. The brand maintains its long-standing ethos of discovery, creating unique guest experiences and drawing on the key philosophies of its namesake, Marco Polo: an adventurer, a traveller, an entrepreneur and a connoisseur of culture - just as Marco Polo's modern travellers are today.

www.marcopolohotels.com