Best Western Appoints Erwann Mahe
Erwann Mahe has been appointed Managing Director – Asia.
His extensive industry knowledge and experience make Mahe the ideal candidate to drive Best Western Hotels & Resorts’ future growth in the Asia Pacific (APAC) region.
“I’m pleased to welcome Erwann Mahe to our leadership team in APAC,” said
Best Western Hotels & Resorts President and Chief Executive Officer David Kong.
“Our industry has suffered greatly in the wake of the COVID-19 pandemic and as an organization we are committed to supporting our hoteliers in their recovery. I believe that Erwann’s deep regional expertise and strategic thinking will deliver tremendous value to our hoteliers in Asia as we navigate the years ahead.”
Travel, Tourism & Hospitality Best Western Hotels & Resorts names new MD-Asia
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1 Sinovac Biotech s coronavirus vaccines are displayed at the Suvarnabhumi Airport Free Zone. The doses are the first lot of Covid-19 vaccines to arrive in Thailand. (Photo by Wichan Charoenkiatpakul)
Tourism-related stocks were sold off to take profit on Wednesday following the first shipment of Covid-19 vaccines to the country in what analysts are calling selling on fact , after speculation in advance of shipment caused shares to surge over the past few weeks.
Analysts believe tourism-related stocks including hotel operators, airlines, airports and hospitals will face a loss of at least 12 billion baht this year, likely not seeing profits until 2022.
Asia Aviation (AAV) shares, among the top 10 in trading volume, fell 0.74%, down 0.02 baht to close at 2.68 baht.