Welcome!

News Feed Item

Invest Hospitality LLC (IH) and Cachet Hotel Group (CHG) Announce Innovative Hospitality Joint Venture, Invest Hospitality Asia (IH ASIA)

- IH ASIA brings restaurant, bar and nightlife expertise to CHG's innovative hospitality platform -

SHANGHAI, April 21, 2014 /PRNewswire/ -- Invest Hospitality (IH) and Cachet Hotel Group (CHG) today announce the formation of a joint venture hospitality company to be named Invest Hospitality Asia (IH ASIA). The partnership will focus on expanding established brands, developing exciting restaurant and nightlife concepts, and cultivating partnerships with celebrity chefs across Asia. IH ASIA will capitalize on its United States and European relationships to create customized partnerships for hotel, residential, retail and mixed-use developments.

Among its partnership-focused ventures, IH is planning the opening of L'Atelier de Joel Robuchon in cities including New York and Miami. Celebrity chef and restaurateur, Tom Colicchio, is also working with IH to bring the Craft collection of brands to Asian cities.

"IH is a platform for entrepreneurs to do their best work. With CHG, our operating partners will bring unique brands to vibrant Asian destinations. We are excited about this joint venture as it combines our core food and beverage expertise with CHG's innovation and lifestyle vision to provide a unique best-in-class experience for consumers."

Alex Gaudelet, CEO of Invest Hospitality

"Asia's insatiable demand for international restaurant brands, celebrity chefs and exciting new concepts continues. Our joint venture with IH ASIA fills a void by providing both professional management and organized capital to support food and beverage development. IH ASIA will cooperate with a broad range of real estate developers and hotel groups who seek leading brands and operational excellence. IH ASIA is a powerful partner for developers and hotel groups across Asia."

Alexander Mirza, CEO of Cachet Hotel Group

IH ASIA has appointed Steve Peterson as Senior Vice President of Operations. Peterson brings over 30 years of international hospitality experience including Starwood Hotels, MGM Grand, and Morgan Hotel Group where he oversaw the opening of over 125 properties including celebrity chefs, joint ventures and franchise operations.

IH ASIA will utilize CHG's existing capital resources and operational infrastructure including David Laris, China's most celebrated chef, and IH's portfolio of restaurant and nightlife brands.

By combining these strengths, IH ASIA intends to deliver exceptional value, culinary talent and highly scalable operational systems for aggressive expansion in gateway cities and prime resort destinations across Asia. Cachet Hotel Group has committed to an initial set of restaurants, bars and ultra-lounge developments at its owned hotel properties in Shanghai and Bangkok to support the launch of this new venture. In addition, target markets include international destinations such as Hong Kong, Singapore, Beijing, Chengdu, Macau, Bali and Koh Samui, Thailand.

About Invest Hospitality LLC:

INVEST HOSPITALITY LLC (IH) is a US-based responsible boutique investment firm specializing in the acquisition, development, and growth of hospitality brands and assets. IH was founded in 2013 by Alex Gaudelet and formed with a vision to create the most innovative platform for entrepreneurs and investors with shared values to partner in the hospitality industry.   

About Cachet Hotel Group:

Cachet Hotel Group (CHG) is a Hong Kong-based management company established in May 2013. CHG was formed with a focus on creating distinctive hotel brands, NANO, r., and Cachet, while taking the URBN brand to the next level. CHG commits to being a company that "cares" with a corporate mission revolving around innovation, luxury, and personalization. With numerous projects in the works, CHG is focused on establishing properties in Greater China, Southeast Asia, and India.

SOURCE Cachet Hotel Group

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busine...
SYS-CON Events announced today that SourceForge has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SourceForge is the largest, most trusted destination for Open Source Software development, collaboration, discovery and download on the web serving over 32 million viewers, 150 million downloads and over 460,000 active development projects each and every month.
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities – ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups. As a result, many firms employ new business models that place enormous impor...
SYS-CON Events announced today that TidalScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TidalScale is the leading provider of Software-Defined Servers that bring flexibility to modern data centers by right-sizing servers on the fly to fit any data set or workload. TidalScale’s award-winning inverse hypervisor technology combines multiple commodity servers (including their ass...
As popularity of the smart home is growing and continues to go mainstream, technological factors play a greater role. The IoT protocol houses the interoperability battery consumption, security, and configuration of a smart home device, and it can be difficult for companies to choose the right kind for their product. For both DIY and professionally installed smart homes, developers need to consider each of these elements for their product to be successful in the market and current smart homes.
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, will go over the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, applicatio...
SYS-CON Events announced today that MIRAI Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MIRAI Inc. are IT consultants from the public sector whose mission is to solve social issues by technology and innovation and to create a meaningful future for people.
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, will lead you through the exciting evolution of the cloud. He'll look at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering ...
As hybrid cloud becomes the de-facto standard mode of operation for most enterprises, new challenges arise on how to efficiently and economically share data across environments. In his session at 21st Cloud Expo, Dr. Allon Cohen, VP of Product at Elastifile, will explore new techniques and best practices that help enterprise IT benefit from the advantages of hybrid cloud environments by enabling data availability for both legacy enterprise and cloud-native mission critical applications. By rev...
SYS-CON Events announced today that NetApp has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. NetApp is the data authority for hybrid cloud. NetApp provides a full range of hybrid cloud data services that simplify management of applications and data across cloud and on-premises environments to accelerate digital transformation. Together with their partners, NetApp emp...
SYS-CON Events announced today that Dasher Technologies will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Dasher Technologies, Inc. ® is a premier IT solution provider that delivers expert technical resources along with trusted account executives to architect and deliver complete IT solutions and services to help our clients execute their goals, plans and objectives. Since 1999, we'v...
SYS-CON Events announced today that TidalScale, a leading provider of systems and services, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TidalScale has been involved in shaping the computing landscape. They've designed, developed and deployed some of the most important and successful systems and services in the history of the computing industry - internet, Ethernet, operating s...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
Join IBM November 1 at 21st Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Cognitive analysis impacts today’s systems with unparalleled ability that were previously available only to manned, back-end operations. Thanks to cloud processing, IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Imagine a robot vacuum that becomes your personal assistant tha...