mou
Club Med Signs Exclusive Partnership Agreement With Paradise Indonesia
Club Med | September 7, 2023
Jakarta, 7 September 2023 – A Memorandum of Understanding (MoU) was signed between PT. Indonesian Paradise Property Tbk. (“Paradise Indonesia”) and Vacances (s) Pte. Ltd. ("Club Med"). The signing was made between Mr. Anthony Prabowo Susilo, President Director & CEO of PT Indonesian Paradise Property Tbk, and Ms.Rachael Harding, CEO of East and South Asia & Pacific Markets at Club Med. The signing ceremony was held at Residence OnFive, Grand Hyatt Jakarta, one of Paradise Indonesia’s business units. According to the MoU, Paradise Indonesia and Club Med are entering into a mutually exclusive partnership for the development of...
HFTP Board of Directors Rejects AHLA Unsolicited Merger Offer
Hospitality Financial and Technology Professionals | May 2, 2022
May 2, 2022 (Austin, Texas USA) - Hospitality Financial and Technology Professionals (HFTP®) announced today that it rejected a recent unsolicited offer by the American Hotel and Lodging Association (AHLA) for it to merge with them. The HFTP Global Board of Directors determined that a global association with members from the entire hospitality spectrum would not be serving their membership by merging with a North American association with an advocacy focus whose constituents are primarily hotels. A counteroffer was made by HFTP to AHLA to work via MOUs like HFTP’s work with other hospitality industry associations. Currently, HFTP w...
