The Wahlburgers intended expansion into the Asia-Pacifc in partnership with Cachet Hospitality is discussed on AE series, Wahlburgers.
Earlier this year, Wahlburgers, the burger chain run by Mark, Donnie and Paul Wahlberg, announced their intended expansion into Asia. They formed a joint venture with Cachet Hospitality Group to expedite their growth.
Wahlburgers is headquartered in Massachusetts and currently operates locations across the United States and Canada. Cachet Hospitality plans to help Wahlburgers to reach their goal of expanding to 100 new locations throughout the Asia Pacific region.
During last week’s episode of the Wahlburgers, the AE series providing a behind-the-scenes glimpse into the Wahlberg brothers, the family discussed their Asia-Pacific business plans. David Laris, Cachet Hospitality Group’s EVP of Global Food & Beverage and President of Wahlburgers Asia Pacific Joint Venture, was featured talking with Mark and Paul Wahlberg.
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Cachet Hospitality Group (CHG) alongside Cabo Villas Group and Spa (CVBR), announced the closing of a loan for the construction of a Deluxe tower at Cachet Corazon resort in Los Cabos, Mexico. The loan will allow for the beginning of the demolition of the resort’s current building, and the beginning construction of the new tower.
Last month, Cachet Hospitality Group (CHG) along with Cabo Villas Group and Spa (CVBR), announced the closing of a loan for the construction of a 204-room Deluxe tower at Cachet Corazon resort in Los Cabos, Mexico. The loan will allow for the beginning of the demolition of the resort’s current Cabo Villas building, and begin construction of the tower. The hotel is set to debut the dual-branded Cachet Corazon resort during the first quarter of 2019. The loan came from Sabadell Bank as lead agent for construction.
Cachet Corazon is located on Medano Beach in close proximity to the Cabo San Lucas Marina, the Puerto Paraiso Mall and many downtown nightlife and entertainment venues. The Cachet Deluxe Tower will join the Cachet Beach Hotel, Cachet Beach Club and ALETA restaurant, and will complete the Cachet Corazon development project. The beachfront property has been recently remodeled, giving everyone a “taste of what is to come”, Christopher Erickson, developer of CVBR stated in a press release. The area will remain open throughout the construction of the Deluxe tower.
Cachet Deluxe Corazon will feature an array of East Meets West dining options, ranging from casual eateries to fine-dining establishments. Some of the restaurants set to open in the new resort include Mediterranean-inspired Laris Kitchen and Bar, Stonehaus Bar, featuring seafood and cocktails, Philipe by Philipe Chow, an award-winning Chinese fine dining experience, and burger restaurant chain Wahlburgers. Cachet Corazon will also feature more than 20,000 square feet of indoor and outdoor meeting and event spaces.
“The Cachet Corazon resort is a significant development for Sabadell, Cabo, and the whole tourism industry in Mexico, ” said Manuel Muñoz, Real Estate Structure Finance Sabadell.
The Cachet Corazon Resort continues the expansion of Cachet Hospitality’s global portfolio.
Cachet Hospitality Group announced their management agreement for Cachet Resort Dewa Phuket.
This week, Cachet Hospitality Group (CHG) announced the signing of a management agreement for Cachet Resort Dewa Phuket. The opening of the hotel marks Cachet’s second in Thailand, following the announcement of Savant Vela Hotel in Bangkok, and continues the brand’s expansion into Southeast Asia. Renovations under Cachet are set to begin this month, and interior renovations are expected to be complete by November 2017.
The hotel will be located on Thailand’s largest island, on the shores of Nai Yang Beach, neighboring Sirinat National Park. The 128-room resort will feature two dining venues, meeting and event space, a full-service spa, a yoga-focused wellness center and amenities for children and families. The resort’s restaurants and bars will feature both Thai and international cuisine, appealing to travelers as well as long-term residents. Cachet Resort Phuket guests will also have the opportunity to enjoy Stonehaus, a renowned California wine bar brand. With Cachet Pool Club and Cachet Beach Club, the resort will be a destination for indoor-outdoor social events including weddings, corporate functions and other gatherings.
“We are honored to collaborate with R&B Partners Co., Ltd. and eager to introduce the Cachet resort brand to this region,” Kimy Chen, President of Southeast Asia, Cachet Hospitality Group, stated in a company press release. Chen also noted that Phuket is an accessible and appealing vacation destination, with 59 flights from Bangkok per day.
Cachet Resort Phuket will be Cachet’s second resort property and marks the brand’s continued expansion as an international hospitality leader.
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Cachet International Hospitality Group receives prestigious award of 2017 Up-And-Coming-Hotelier.
Cachet Hospitality Group (CHG) was named one the year’s up-and-coming hoteliers at BDWest, a design trade fair for hospitality design professionals. The award was presented during the fair on April 7th at the Los Angeles Convention Center, and recognized CHG’s role as an innovator in hospitality design. The Up-And-Coming Hotelier award was launched in 2015 to recognize young hospitality brands that are poised to change the look and function of future hotels. Hospitality brands that have been recognized in the past include Room Mate, Dream Hotel Group, and Starwood Capital Group.
In a recent press release, Pauline Choo, CHG’s Director of Cachet Interior Design, expressed the organization’s excitement at receiving the award. “This award is a tribute to the hard work of our CID team and our strong alignment with CHG Operations to design spaces that capture revenues,” Choo said, “We are proud of our team’s efforts.” Cachet Interior Design (CID) is a team of interior designers that provide design solutions for CHG’s hotels, restaurants and nightlife establishments around the world. Members of the CID team include Npatchanan “Bee” Sasiworasad, who has focused on public food and beverage spaces within CHG properties; Pawaroot “Paul” Pibulrat, who has contributed to Cachet projects including Cachet Deluxe Cabo, Zheijang Circuit in Shaoxing, and Cachet Hotel Chengdu; and Benjaporn “Tah” Songsanan who joined CID after working for international firms such as Blink Design Group and Space Matrix.
BDWest is presented by Boutique Design Magazine. The trade fair was started in 2013 as a companion to Boutique Design New York and has a larger focus on hospitality design. The fair showcases the latest trends in hotel design elements and products, and also introduces attendees to some of the industry’s innovators through panel discussions, exhibits and recognitions like the Up-And-Coming Hotelier Awards.
Cachet Hospitality Group announces its partnership with Vela Hotels Co., Ltd in opening its SAVANT Vela Hotel in Bangkok, Thailand.
Cachet Hospitality Group (CHG) will debut SAVANT Vela Hotel, its affordable lifestyle brand, in Bangkok, Thailand later this year. Cachet is partnering with real estate owner and developer Vela Hotels Co., Ltd. to develop the hotel, which will open near Siam Square in Bangkok. The SAVANT Vela will be located in close proximity to major tourist destinations in the city including Siam Center, MBK Shopping Mall and Sea Life Bangkok Ocean World.
The opening of the SAVANT Vela-Bangkok represents one of the first steps in Cachet Hotel Group’s plans for rapid expansion in Southeast Asia. The hotel is CHG’s second property in Bangkok and the first SAVANT brand hotel in the Southeast Asia region.
Designed to be a stylish and affordable space for travelers in one of the world’s highest ranked travel destinations, the SAVANT is set to open in November 2017 and will feature 72 guest rooms, a bar with an array of affordable wine tasting options, a lounge and a workout studio.
Following the announcement of SAVANT’s debut, Cachet Hospitality Group also announced the appointment of new leaders that will oversee the brand’s growth in Southeast Asia. Kimy Chen was promoted to President of Southeast Asia, Pauline Choo was promoted to CHG’s Bangkok- based Cachet Global Interior Design Division, Jitsak Lim-Pakornkul joined CHG Southeast Asia as Director of Brand Marketing, and Sorachai Rojanasuwan joined the team as Director of Business Development, Southeast Asia.
Alex Mirza, CHG’s President and CEO, stated that the appointment of new leadership and the signing of the SAVANT Bangkok represented the company’s commitment to expansion in the region.
Cachet Hospitality Group honors the women a part of their leadership team in celebration of International Women’s Day.
In honor of International Women’s Day on March 8th, Cachet Hospitality Group published a post on their website honoring the women on the company’s leadership team. Women who were recognized included senior level managers Meredith Gelacak Mulligan, President of Hotel Operations-Americas, Kimy Chen, President of Southeast Asia, Lei Li, General Counsel, Yvonne Choi, Chief Marketing Officer, Pauline Choo, Managing Director of Design, Nicole Hendrix, Director of Operations – Americas and Jessie Li – Vice President of Business Development – Asia.
Cachet Hospitality Group, one of the Asia-Pacific’s leading international hospitality branding and management companies, has the most gender-diverse executive team of any Asian-based company in their industry. Women represent more than half of the company’s senior management team.
According to Accor and Diageo, women make up half of Asia’s workforce. However, in the hotel and hospitality industry, women represent only 20% of managerial positions and less the 10% of General Manager positions. While there is progress being made toward equal gender representation in the industry’s leadership, companies like CHG have recognized that more work needs to be done.
In their International Women’s Day post, CHG stated that they have made working towards gender equality a priority within their own business. The company has set a goal for women in company management positions to reflect the representation of women in the overall workforce. CHG has hotels and restaurants in Southeast Asia and China, and in North America in the U.S. and Mexico, and plans to foster the growth of women in management positions in all of their locations. CHG is working to achieve this goal by providing mentorship and growth opportunities for women in the company, and growing the pipeline for the next generation of women leaders in the hospitality industry.
A Cachet Boutique hotel is planning to open in Manhattan in Spring 2017.
In January 2017, Merchants Hospitality, Inc. and Cachet Hospitality Group (CHG) entered into an agreement to open Cachet Boutique New York Hotel in Manhattan during Spring of 2017. Located in midtown Manhattan on West 42nd St., the hotel will open in an important cultural center of the city with close proximity to Times Square, Broadway theaters, the Javits Convention Center, Central Park, Madison Square Garden and more social and cultural destinations.
Cachet Boutique New York will be the first Cachet Boutique in the United States, and its opening marks the continued expansion of the brand into North America. The Cachet Boutique brand has locations across the Asia-Pacific in China and Thailand.
Meredith Gelacak, Cachet Hospitality Group’s President of Hotel Operations-America, stated in a press release that Cachet was honored to be partnering with Merchants Hospitality and bringing the brand to New York City.
Cachet Boutique New York will feature a signature farm-to-table bar and restaurant, an indoor-outdoor wine terrace and outdoor wellness area, as well as the Cachet brand’s signature luxury and technology offerings within guestrooms. Hotel renovations will be completed in Spring 2017, with interior renovations being led by Cachet Interior Design (CID).
Cachet Hospitality Group partners with the Whalburgers chain in their expansion into the Asia Pacific market.
The burger chain Wahlburgers, run by Wahlberg brothers Mark, Donnie and Paul, recently entered a partnership to expand the chain into Asia. The deal is a joint venture with Cachet Hospitality Group and businessman Farooq Arjomand, an investor in Cachet. Wahlburgers is headquartered in Massachusetts and currently operates locations across the U.S. and Canada. This deal with Cachet Hospitality will help open 100 new stores throughout the Asia Pacific region.
Wahlburgers opened its first store in Hingham, MA in 2011 and has since opened 12 more locations. This venture will be the company’s first outside of North America. The expansion will begin with the opening of three initial stores in the Chinese cities of Shanghai, Hong Kong and Wuhan.
“This combines perfectly with the explosive popularity of international restaurant brands in China’s malls and airports, opening the door to tremendous opportunity for Wahlburgers and our Asia Pacific joint venture,” Cachet Hospitality Group’s CEO Alexander Mirza said in a news release announcing the deal.
Wahlburgers CEO Rick Vanzura told the Boston Globe he was confident the chain would thrive based on the Wahlburgers experience and products, even in parts of the world where the Wahlberg name has less recognition. In an interview with City Weekend, Mark Wahlberg explained that while menus in the new locations would be adapted to satisfy local tastes, the core Wahlburgers experience would remain the same. “Our partners and we agree that, at its core, what we need to deliver is a Wahlburgers experience built around our core products,” said Wahlberg.
Cachet Hospitality Group is a Shanghai-based hospitality branding and management company. The group operates primarily in the Asia Pacific and North America. Cachet has already signed deals to secure the opening of new Wahlburgers locations in Asia and will continue to drive the expansion and development of the American chain in the region.