Dorchester Collection takes over management of Le Richemond from Rocco Forte

29 June 2011 by
Dorchester Collection takes over management of Le Richemond from Rocco Forte

The Dorchester Collection is to take over the management of the 109-bedroom Le Richemond hotel in Switzerland from Rocco Forte Hotels.

Set on the banks of Lake Geneva, the property will become the luxury group's first management contract. It will remain open during a forthcoming refurbishment of its restaurant, bar and suites.

Rocco Forte and Family (Luxury Hotels), a company jointly owned by Rocco Forte and Family and the Bank of Scotland, sold the hotel to an investment-holding company represented by Cedar Capital Partners, for an undisclosed sum in December 2010. At the time, Rocco Forte Hotels announced that it would continue to operate the hotel under a management contract until at least the summer of 2011, with the potential for a longer-term arrangement.

Christopher Cowdray, chief executive of the Dorchester Collection, said the excellent situation of Le Richemond will complement the group's existing locations in London, Paris, Milan and Los Angeles. "We set out our vision to grow our portfolio of luxury hotels and to seek management agreements, so this being our first third-party management agreement is an exciting strategic addition," he said.

Francois Delahaye, the group's chief operating officer, will be responsible for the property and oversee the integration of the hotel into the Dorchester Collection brand. "‘We are looking forward to positioning Le Richemond at the centre of Geneva society and playing an active role in the local community, as well as welcoming the hotel's staff to our company," he said.

Le Richemond will be Dorchester Collection's eighth hotel when the management agreement starts in August. The group recently announced the forthcoming sale on 12 July of New York Palace, which has 813 bedrooms and 86 suites, to Northwood Investors. It decided to offload the property because its large number of rooms means that it not strategically aligned with the Dorchester Collection's brand.

In September 2011 the group will open its ninth hotel, 45 Park Lane, London, and in October 2011 the Hotel Bel-Air in Los Angles, which has been closed for a major renovation, will re-open.

Dorchester Collection plans to open 15 hotels >>

Christopher Cowdray becomes CEO for the Dorchester Collection >>

Rocco Forte sells Le Richemond >>

By Neil Gerrard

E-mail your comments to Neil Gerrard here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to jobs

Looking for a new job? Find your next job here with jobs

[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking