Lux Hospitality Signs New Hotel in Reunion

Lux Hospitality has expanded it global portfolio with the signing of two management contracts with Hong Kong-based group Asian Prosperous Holding Ltd.

The new agreements are for a new five-star property in St Philippe in the south of the island, as well as Hotel Le Récif which is currently managed by Lux Hospitality and also previously owned by the group, but recently sold to Asian Prosperous.

Lux Hospitality will continue to manage and market Hotel Le Récif, a creole inspired hotel set within three hectares of tropical gardens close to St Gilles.

Construction work has already begun at the new five-star resort at St Phillippe, located in the wild south of Reunion Island in the Indian Ocean. The property will comprise of 82 pool villas and is scheduled to open in 2016.

Paul Jones, CEO of Lux Hospitality, said, “The sale of Hotel Le Récif as well as the signature of the two new management contracts is consistent with the growth strategy of Lux Hospitality, managing resorts and hotels rather than owning the assets, increasing global brand awareness and the exposure of Lux across markets. We are also keen to contribute to the development of the tourism sector on Reunion Island.”