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Puneet Chhatwal Appointed as New CEO at Steigenberger

9/24/2012

Steigenberger Hotels AG has announced Puneet Chhatwal as its CEO.

Chhatwal joined Carlson Hotels Worldwide in 1998, where he was responsible for the development of the group's brands in Europe, the Middle East, and Africa. Since 2002, he has been responsible for corporate business development at the Rezidor Hotel Group in Brussels. As chief development officer (CDO) he became a member of the Executive Committee in 2007. During his tenure at Rezidor, the group grew from 150 to the current level of 435 hotels, with brands such as Radisson Blu, Park Inn by Radisson, Hotel Missoni, and Regent.

"With his worldwide experience in top international hotel development and management, Puneet Chhatwal will give decisive stimuli for growth of Steigenberger and systematic orientation of operating management to achieve the goals of our corporate strategy", said Dr. Ralf Corsten, chairman of the supervisory board of Steigenberger Hotels AG.

Chhatwal started his career with the India Tourism Development Corporation. After several operational positions in India, he studied at IMHI (ESSEC), Paris and earned a Master's Degree in 1991 in International Hospitality Management. In 2012, he completed the Advanced Management Program (AMP) at INSEAD Business School in Fontainebleau. Chhatwal is a Fellow of the Institute of Hospitality (FIH).

Steigenberger Hotels AG operates 80 hotels in Germany, Austria, Switzerland, the Netherlands, and Egypt. The umbrella organisation Steigenberger Hotel Group comprises the two brands Steigenberger Hotels and Resorts and InterCityHotel. Steigenberger Hotels AG has been in the sole ownership of Hamed El Chiaty since 2009.

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