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Steigenberger Hotels CEO to step down

FRANKFURT, August 30, 2017

Puneet Chhatwal, CEO of Steigenberger Hotels AG, will be leaving the company at the end of the year.

Chhatwal, who has spent the last five years of his 30-year career with Steigenberger Hotels AG, has revealed that he will be returning to India.

Having completed a Bachelor's Degree at the University of Delhi and a diploma in Food Service and Hotel Management, Chhatwal started his career with the India Tourism Development Corporation. After several operational positions in India, he studied at IMHI (ESSEC), Paris and earned a Master's Degree in 1991 in International Hospitality Management. In 2012, he completed the Advanced Management Program (AMP) at INSEAD Business School in Fontainebleau. Chhatwal is a Fellow of the Institute of Hospitality (FIH).

After gaining valuable insights and experience in hotel consulting and project development, Chhatwal joined Carlson Hotels Worldwide in 1998, where he was responsible for the development of the group's brands in Europe, the Middle East and Africa. Since 2002, he had been responsible for Corporate Business Development at the Rezidor Hotel Group in Brussels. As chief development officer (CDO) he became a member of the Executive Committee in 2007. During his tenure at Rezidor, the group grew from 150 to the current level of 435 hotels, with brands such as Radisson Blu, Park Inn by Radisson, Hotel Missoni and Regent.

The Supervisory Board of Steigenberger Hotels will decide his successor in due time, the board said in a statement. -  TradeArabia News Service




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