Langham Hospitality Group CEO Stefan Leser has confirmed he’ll be standing down from the top job at the end of July after three years with the Hong Kong-based company.
Leser joined Langham Hospitality Group, the parent company of The Langham Hotels & Resorts and Cordis Hotels & Resorts, in May 2018, moving across from the CEO position at Dubai’s Jumeirah Group which he held for nearly two years. Prior to that he spent more than 10 years with Swiss travel company, Kuoni.
This week Leser said he made his decision to leave Langham with a “heavy heart”, citing personal reasons.
“I can promise you that this decision did not come lightly as I work with an innovating and supportive team who inspires me every day with their drive for excellence. But in these difficult times, certain matters crystallise one’s perspectives and priorities, especially when they concern loved ones whom I hold dear to my heart.
“My family, especially my elderly parents at home in Europe, need my attention, my time, and more importantly in the age of this devastating pandemic, my presence.”
“And so I came to the bittersweet realisation that although I truly love the business, living in Hong Kong, and leading a global hospitality group, it is time for me to say goodbye.
Leser said he was proud of the “many milestones” achieved by the group at a time when Langham “outperformed many of our competitors in multiple sectors.
“We have advanced in terms of market and global brand recognition for our hotels, and we have grown to be a worthy contender in the highly competitive luxury hospitality industry.”
“I leave knowing Langham Hospitality Group is a stellar company with a talented group of leaders and a strong portfolio of fine hotels,” Leser said in a farewell message.
Leser will, at the request of the Executive Chairman, adopt a senior advisory role in the company, supporting future projects.