Industry Update
Press Release 4 March 2016

Kempinski Hotels SA and Reto Wittwer reach an amicable settlement

The former President & CEO of the company is rehabilitated and all disputes are settled

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Kempinski Hotels & Resorts

Kempinski Hotels SA, the international luxury hotel group has today reached an amicable, out-of-court settlement with Reto Wittwer, to resolve their mutual litigation. Kempinski Hotels SA states that the unfortunate allegations made in its press statement on November 2, 2015 were unfortunate and should not have been published. Both parties agreed they would put an end to these unfortunate accusations allegations, and would refrain from any action against each other, once the facts became clear and understood.

About Kempinski Hotels

Created in 1897, Kempinski Hotels is Europe's oldest luxury hotel group. Kempinski's rich heritage of impeccable personal service and superb hospitality is complemented by the exclusivity and individuality of its properties. Kempinski now comprises a portfolio of 77 five-star hotels and residences in 34 countries and continues to add new properties in Europe, the Middle East, Africa, Asia and the Americas. Each one reflects the strength and success of the Kempinski brand without losing sight of its heritage. The portfolio comprises historic landmark properties, award-winning urban lifestyle hotels, outstanding resorts and prestigious residences. Each one imbues the quality guests have come to expect from Kempinski while embracing the cultural traditions of its location. Kempinski is a founding member of the Global Hotel Alliance (GHA), the world's largest alliance of independent hotel brands. kempinski.com discoveryloyalty.com

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