Hong Kong, China, February 27, 2019 /Xinwengao.com/ - #8226;Acquisition is PAT and free cash accretive from day one
#8226;Marks Thomas Cook India Group’s entry into an adjacent sector, complementary to its travel travel related services portfolio

Thomas Cook India Group, the leading integrated travel services group, has announced its acquisition of a 51% stake in Digiphoto Entertainment Imaging (DEI), one of the world’s leading imaging solutions and services providers at an enterprise value of US $40.6 Million (Rs 289 crores). The transaction is subject to regulatory approvals and customary closing conditions.

The acquisition marks the Thomas Cook India Group’s entry into an adjacent sector, complementary to its travel travel related services portfolio and is both PAT and free cash accretive from day one.

Established in 2004, Digiphoto Entertainment Imaging is a technology driven company with offices in Hong Kong, Singapore, Dubai, Mumbai, Orlando, and Kuala Lumpur. DEI focuses on imaging solutions for the attractions industry with a robust end-to-end turnkey model by providing equipment, software, talent and operational expertise consultation to its business partners.

With a strong network of over 120 partners, DEI is present at more than 250 venues spanning over 14 countries (Hong Kong SAR, Singapore, UAE, Macau SAR, China, USA, Malaysia, Thailand, Indonesia, Mauritius, Maldives, Egypt, India and Kuwait), and has completed 3.6 million transactions in 2018.

Since 2012 DEI has tactically chosen Singapore as its regional headquarters in the Far East. This approach paid off resulting in DEI successfully securing the majority share of imaging partnerships in Singapore. The importance of this location was reinforced by the successful extension of their 10-year partnership with Wildlife Reserves Singapore and One Faber Group – operator of several attractions in Sentosa. DEI’s partnership with Marina Bay Sands was also renewed recently, strengthening their presence in Singapore.

Having a strong foot hold in South East Asia, DEI is aggressively expanding their presence into Greater China, including Hong Kong SAR. DEI’s proprietary imaging solution has enabled payment gateway localization for the local Chinese market expanding into AliPay and WeChat Pay. Their local hosting and content distribution is in compliance with local privacy policies, allowing guests to share their memories on Chinese social media channels like We Chat, Sina Weibo, QQ and Qzone. Based on current tourism trends, DEI is aggressively viewing the Far East as a pivotal region and a major contributor of revenue over the next 5 years. DEI intend to focus on rapid growth over the preceding years in this belt.

DEI’s partner attractions encompass waterparks, theme parks, aquariums, towers and resorts, including iconic attractions in Hong Kong (Ngong Ping 360), Singapore (Universal Studios Singapore, Marina Bay Sands, Singapore Zoo), Macau (Macau Tower, The Venetian), the UAE (At The Top Burj Khalifa, Ski Dubai, Wild Wadi Waterpark, Warner Brothers, Ferrari World), Malaysia (PETRONAS Twin Towers, Resorts World Genting), China (Atlantis Sanya, Chimelong Safari Park), India (Ramoji Film City, Imagica, Wonderla Holidays Ltd.), Maldives (Taj Exotica, W Retreat Spa, Shangri-La Villingili), Mauritius (St. Regis Mauritius Resort, Shanti Maurice Resort Spa), Indonesia (Waterbom Bali, Bali Zoo, Trans Studio), Egypt (Ski Egypt, KidZania), Thailand (Ramayana Water Park, Vana Nava Water Jungle), USA (Hard Rock Caf#233; New York, Mango’s Tropical Caf#233; and Gaylord), to name a few.

In 2017, DEI launched KlassAkt, its school photography arm, and has already partnered with more than 90 schools across the UAE and India, including the prestigious GEMS group of schools in the UAE, the Oberoi International School, Jamnabai Narsee International School and Aditya Birla World Academy in Mumbai, India.

Madhavan Menon, Chairman and Managing Director, Thomas Cook (India) Limited said, “Our acquisition of DEI, a global imaging solutions and services giant, presents the Thomas Cook India Group an opportunity to participate in an exciting new business space, adjacent to our core travel services portfolio that is both PAT and free cash accretive from day one. DEI is an entrepreneurial success story with an impressive and proven track record of leadership, growth and profitability.”

He elaborated, “With several key markets in common, the addition of Ram and his team at DEI to our family, also presents new synergistic opportunities leveraging our travel services across 25 countries. We see an immediate opportunity for our outbound customers from India and Hong Kong, as well as our inbound and DMS customers across our global network. With the growing demand for experiential travel and social sharing, DEI’s partnerships with iconic attractions, theme parks, water parks and resorts will further enhance our travel services portfolio in line with our philosophy of creating long term shareholder value.”

K.S. Ramakrishnan, founder CEO and President of Digiphoto Entertainment Imaging said, “Our synergy with Thomas Cook India Group in the travel and tourism ecosystem strengthens DEI’s position in our existing markets whilst giving us immense reach to expand. DEI is leading the digital transformation of the guest photo journey through NFC, facial recognition and other state of the art proprietary technology enabling the guest to receive and share their memories in real time. We are proud to be part of a globally renowned travel and tourism leader, the Thomas Cook India Group. Innovation being key to DEI’s core entrepreneurial spirit with focus on long-term partnerships aligns us perfectly with the vision and ethos of Fairfax Financial Holdings Limited.”

The press release Thomas Cook India Group announces its acquisition of Digiphoto Entertainment Imaging (DEI) – one of the world’s leading imaging solutions and services providers comes from Xinwengao.com press release distribution and journalist media database service in China.

Fujian, China, July 22, 2016 /Xinwengao.com/ - Shangri-La Hotels and Resorts announces the appointment of Mr. Jonas Amstad as general manager of Shangri-La Hotel, Fuzhou in the capital city of Fujian province in the southeast of China.  In this role, he will oversee hotel operations and lead the team in delivering quality and exceptional guest experiences at this property.

Mr. Amstad, a Swiss national is fluent in German, French, English and Russian.  Prior to this appointment, his 25-year experience spans several five-star international city hotels and resorts, including Sheraton Warsaw and Sheraton Oman, Park Hyatt & Hyatt Regency, Baku, Shangri-La Hotel and Resort, Fiji, Donbass Palace Hotel, Donetsk, Radisson Resort & SPA, Alushta, as well the Radisson Belorusskaya in Moscow.

Mr. Amstad is well versed in hotel management.  His hospitality journey starts at Beckenried from 1988.  For the past 25 years, he had worked for numbers of fields and various positions in Eastern Europe, Middle East, Mainland China, South Pacific and?Indian Ocean, before he arrived in Fuzhou.  Prior to Shangri-La Hotel, Fuzhou, he was the Resident Manager of Shangri-La’s Resort & SPA in Maldives.

“I am passionate about joining the Shangri-La Hotel, Fuzhou, which is such a historical and leisure place. Driven by a philosophy rooted in Asian hospitality, the Shangri-La Fuzhou team has been doing an excellent job by maintaining its market-leader position since it opened in 2005.  I hope to lead this team to meet new challenges and to consistently provide the highest service quality to our valued guests,” said Mr. Amstad.

Hong Kong-based Shangri-La Hotels and Resorts currently owns and/or manages more than 85 hotels under the Shangri-La brand with a room inventory of over 36,000.  Shangri-La hotels are five-star deluxe properties featuring extensive luxury facilities and services.  Shangri-La hotels are located in Australia, Canada, mainland China, Fiji, France, Hong Kong, India, Indonesia, Japan, Malaysia, Maldives, Mauritius, Myanmar, Philippines, Singapore, Sultanate of Oman, Taiwan, Thailand, Turkey, the United Arab Emirates and the United Kingdom.  The group has a substantial development pipeline with upcoming projects in mainland China, India, Mongolia, Myanmar, Philippines, Qatar, Sri Lanka and the United Arab Emirates.

The press release Shangri-La Hotel Fuzhou Welcomes Jonas Amstad As General Manager comes from Xinwengao.com press release distribution and journalist media database service in China.

Beijing, China, July 7, 2016 /Xinwengao.com/ - China World Hotel, Beijing collaborates with Italian luxury handmade jewellery brand Damiani to create an elegant Butterfly Collection Afternoon Tea that will be served at the hotel’s Lobby Lounge  until 31 July 2016.

Inspired by the beautiful jewellery design, China World Hotel, Beijing’s Executive Pastry Chef Jonathan Wu will present a combination of culinary craftsmanship and precious jewels in the Butterfly Collection Afternoon Tea.  The vivid luxury handbag, high-heel shoes, exquisite diamond ring and carven butterfly are all made of fine chocolate and sugar for the ladies’ epicurean delights.  The delicate desserts will spoil guests with the most fabulous high-tea experience.

Damiani Afternoon Tea was the ultimate indulgence for Ms Nicoletta Romanoff, the Italian movie star when she stayed with us at China World Hotel.  Guests can now also enjoy the same beautiful Afternoon Tea in our Lobby Lounge and get a chance to win a surprise lucky draw gift on the last Sunday of the month!  Live orchestra performance is available from 3pm to 5pm every Sunday while you sip on your tea.

Damiani is the only Italian jewellery company to design and produce jewels since its inception.  Maintaining tradition is important at Damiani; handwork is still the same as it was decades ago, and each piece is handmade with centuries-old skills and an accurate attention to detail.  Every Damiani jewel is the most important expression of “Made in Italy” in high-end jewellery.  Damiani is the only known jewellery company to have received as much as 18 “Diamonds International Awards”.  Calderoni also won four of these awards, in 1960, 1977, 1978 and 1996.  It also received many other prizes, including two Tahitian Pearl Trophies, one Haute Couture Design Award, one Vogue Joyas award and quite a number of entrepreneurial and communication prizes.

The lightness and delicate flutter of a butterfly’s wings are the inspiration for the Butterfly collection.  The butterflies are in white or yellow gold and enriched by white or black diamonds with coloured stones like emeralds, rubies and amethysts.  Each butterfly can be used as a pendant, brooch or set onto a ring.

Damiani’s iconic design par excellence for beautiful rings and large crosses.  Belle Époque is inspired by the graphic design of cine film and, like the cinema, brings dreams and great feelings to life.

As the only Italian jewellery company to design and produce jewels since its inception, the Damiani company was founded in 1924 in the heart of the goldsmith district of Valenza Po (North West Italy) by Enrico Grassi Damiani.  Thanks to his skills as a goldsmith, Enrico quickly became the preferred supplier to important families and notables who asked him to create special and exquisite unique pieces.  He soon began to supply the Italian royal family, the earls of Cavour, Gabriele d’Annunzio and Luigi Pirandello.  Damiano Grassi Damiani, Enrico’s son, born in 1934, launched a serious industrial processes and thought of commercial expansions in the sixties.  He promoted design research and technical innovation, the two roots of the company’s future.  Damian jewels attracted more and more fame, thanks to a very revolutionary idea at the time: to guarantee the price to clients and to create catalogues of all the collections.  

Guests may contact the Damiani boutique at China World Trade Center at (010) 6505 9890 or find it at WB 123A, B1, China World Trade Center, No.1 Jianguomenwai Avenue, Beijing.

China World Hotel, Beijing anchors the China World Trade Center complex, and is attached to China World mall, in the heart of the city’s diplomatic and business district.  Hailed one of the first three hotels in mainland China to be awarded a Platinum Five Star rating by the China National Tourism Administration (CNTA), China World Hotel, Beijing has been named one of the world’s best hotels by both Condé Nast Traveller and Travel + Leisure magazines.  China World Hotel, Beijing has also been voted “Best Hotel in Beijing” by Euromoney, Frommer’s Guide and Finance Asia; “Best Business Hotel in Beijing” by Business Traveller China and Asia Pacific, TTG Asia, The Asset and Asian Legal Business; received the “Top Ten Business Hotels in China – Golden Pillow Award” by 21st Century Business Herald; and named one of “The Top 50 Hotels in China” by Forbes and Travel + Leisure China.

Hong Kong-based Shangri-La Hotels and Resorts currently own 95 hotels under the Shangri-La brand with a room inventory of over 39,000.  Shangri-La hotels are five-star deluxe properties featuring extensive luxury facilities and services.  Shangri-La hotels are located in Australia, Canada, mainland China, Fiji, France, Hong Kong, India, Indonesia, Japan, Malaysia, Maldives, Mauritius, Mongolia, Myanmar, Philippines, Singapore, Sultanate of Oman, Taiwan, Thailand, Turkey, the United Arab Emirates and the United Kingdom.  The group has a substantial development pipeline with upcoming projects in mainland China, Cambodia, Hong Kong, India, Myanmar, Philippines, Qatar and Sri Lanka.  For more information and reservations, please contact a travel professional or access the website at www.shangri-la.com.

The press release China World Hotel Beijing Partners With Italian Luxury Handmade Jewellery Brand To Offer Damiani Butterfly-Themed Afternoon Tea comes from Xinwengao.com press release distribution and journalist media database service in China.

Beijing, China, May 10, 2016 /Xinwengao.com/ - Mr. Christopher Chia has been appointed vice president at Shangri-La International Hotel Management Limited and general manager of China World Hotel, Beijing. He will be responsible for the whole operations and services of three hotels, including China World Hotel, Beijing; China World Summit Wing, Beijing; and Traders Hotel, Beijing.

Mr. Chia has more than 30 years of management experience. Prior to joining China World Hotel, Beijing, he was the vice president and general manager of Shangri-La Hotel, Beijing. He started his hospitality career with the group as front office executive at Shangri-La Hotel, Kuala Lumpur. He has since held management positions within the group in Malaysia, the Philippines, Singapore, Hong Kong and Beijing.

China World Hotel, Beijing soars over the China World Trade Center complex, including the China World Exhibition Center and shopping mall, in the heart of the city’s diplomatic and business district. Hailed one of the first three hotels in mainland China to be awarded a Platinum Five Star rating by the China National Tourism Administration (CNTA), China World Hotel, Beijing has been named one of the world’s best hotels by both Condé Nast Traveller and Travel + Leisure magazines. China World Hotel, Beijing has also been voted “Best Hotel in Beijing” by Euromoney, Frommer’s Guide and Finance Asia; “Best Business Hotel in Beijing” by Business Traveller China and Asia Pacific, TTG Asia, The Asset and Asian Legal Business; received the “Top Ten Business Hotels in China – Golden Pillow Award” by 21st Century Business Herald; and named one of “The Top 50 Hotels in China” by Forbes and Travel + Leisure China.

Hong Kong-based Shangri-La Hotels and Resorts currently owns 95 hotels under the Shangri-La brand with a room inventory of over 39,000. Shangri-La hotels are five-star deluxe properties featuring extensive luxury facilities and services. Shangri-La hotels are located in Australia, Canada, mainland China, Fiji, France, Hong Kong, India, Indonesia, Japan, Malaysia, Maldives, Mauritius, Mongolia, Myanmar, Philippines, Singapore, Sultanate of Oman, Taiwan, Thailand, Turkey, the United Arab Emirates and the United Kingdom. The group has a substantial development pipeline with upcoming projects in mainland China, Cambodia, Hong Kong, India, Myanmar, Philippines, Qatar and Sri Lanka. For more information and reservations, please contact a travel professional or access the website at www.shangri-la.com.

The press release Shangri-la Hotel and Resorts Appoints Christopher Chia as VP at Shangri-La International Hotel Management Limited and GM of China World Hotel, Beijing comes from Xinwengao.com press release distribution and journalist media database service in China.

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