ASMALLWORLD AG names Dario Bertucci Managing Director of ASW Hospitality AG Freitag, 08. März 2019 - 07:00

ASMALLWORLD AG / Key word(s): Personnel
ASMALLWORLD AG names Dario Bertucci Managing Director of ASW Hospitality AG

08-March-2019 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.

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Press release

ASMALLWORLD AG (SWX:ASWN) names Dario Bertucci Managing Director of ASW
Hospitality AG

Zurich, 08.03.2019 - ASMALLWORLD AG announces the hiring of Dario Bertucci
as Managing Director of the newly created ASW Hospitality AG. In his role,
Dario will oversee the management of the iconic North Island Resort in the
Seychelles and the future development of the ASMALLWORLD Hotel Collection.
The Group subsidiary is expected to contribute positively to the Group's
bottom-line in 2019.

Dario Bertucci has been appointed as Managing Director of ASW Hospitality
AG, a newly created subsidiary of ASMALLWORLD AG. In his role, Dario will be
responsible for the development of a portfolio of inspiring hotels under the
ASMALLWORLD Hotel Collection. His immediate attention will go to the
management of the iconic North Island resort in the Seychelles (
www.north-island.com). Announced on February 21st, ASMALLWORLD has taken
over the management of this resort which is the first hotel to join the
newly created ASMALLWORLD Hotel Collection.

ASW Hospitality AG will oversee the management of the day-to-day operations
of the hotel going forward and will be responsible for its success. Through
a franchise agreement, North Island will also become part of Marriott
International's Luxury Collection brand portfolio in December 2019, and will
operate as 'North Island, a Luxury Collection Resort'. This agreement will
leverage Marriott International's strong marketing network and its large
customer base around the globe while complementing the hotel's own marketing
and sales efforts. Dario will oversee all of the mentioned activities as
part of his new role at ASMALLWORLD Hospitality.

"I am extremely happy that Dario is taking over the responsibility to head
ASMALLWORLD Hospitality. With his strong industry expertise, he will help us
to develop our footprint in the luxury hotel segment and grow our portfolio
of ASMALLWORLD-managed hotels," comments ASMALLWORLD CEO Jan Luescher.

Dario Bertucci, a seasoned hospitality expert

Prior to his new role at ASMALLWORLD, Dario was Managing Partner of Swiss
Hospitality & Partners, a strategic consultancy firm for the hospitality
industry and a company which he founded jointly with Alexander and Michael
Manz in 2010. Among other projects, Dario was responsible for the
refurbishment of the Ritz Carlton Hotel de la Paix in Geneva and supported
the luxury division of Accor Hotels with the project management of multiple
property conversions.

Dario has an MBA degree from SDA Bocconi School of Management in Milan,
Italy and is fluent in English, Italian and French. In his free time, Dario
enjoys skiing, long distance running and cooking. He is married and father
of one daughter.

"We are keen to build a high-quality hospitality experience for the
ASMALLWORLD Group. The business model we've chosen, will positively
contribute to the Group's bottom-line from day one and is at the same time
scalable to offer future growth." says ASMALLWORLD Hospitality Managing
Director Dario Bertucci.

The ASMALLWORLD Hotel Collection

The ASMALLWORLD Hotel Collection has the ambition to inspire the ASMALLWORLD
community to travel to the world's most iconic destinations and experience
the highest hospitality standards. The exceptional North Island will be the
first hotel in this new collection, and the first hotel under ASMALLWORLD
management. Over time, ASMALLWORLD aims to further expand the collection by
adding similarly extraordinary hotel properties to its management portfolio.
The ASMALLWORLD Hotel Collection allows ASMALLWORD to further expand its
service offering and will leverage its global community of travel-savvy
members.

North Island, one of the world's most iconic resorts

Located amongst the inner granitic islands of Seychelles, North Island is
owned by the North Island Company Limited and is anticipated to join The
Luxury Collection brand portfolio of world-renowned hotels and resorts in
December 2019. North Island, a Luxury Collection Resort is located
approximately 30 kilometres northeast of Mahe Island, the main and largest
island of Seychelles.

Since its opening in 1997, North Island has been a recognized sustainable
tourism destination. North Island boasts fertile land and has been referred
to as the 'laboratories of evolution' due to its rich biodiversity and
natural, stunning aesthetics. The tropical retreat is set in 210 hectares of
lush vegetation and is home to coconut palms and takamaka trees, all
surrounded by pristine beaches and the azure waters of the Indian Ocean. In
2006, the island implemented a conservation and island rehabilitation
program to protect endangered and endemic species on the island and to
preserve its diverse ecosystem.

North Island features eleven private guest villas, offering each guest an
unparalleled sense of exclusivity and luxury. Rates start around USD 8,000
per night.

About the Luxury Collection(R) Hotels & Resorts

The Luxury Collection(R), part of Marriott International, Inc., is comprised
of world-renowned hotels and resorts offering unique, authentic experiences
that evoke lasting, treasured memories. For the global explorer, The Luxury
Collection offers a gateway to the world's most exciting and desirable
destinations. Each hotel and resort is a unique and cherished expression of
its location; a portal to the destination's indigenous charms and treasures.
Originated in 1906 under the CIGA(R) brand as a collection of Europe's most
celebrated and iconic properties, today The Luxury Collection brand is a
glittering ensemble, recently surpassing 100 of the world's finest hotels
and resorts in more than 30 countries and territories. All of these hotels,
many of them centuries old, are internationally recognized as being among
the world's finest. For more information and new openings, visit
theluxurycollection.com or follow Twitter, Instagram and Facebook. The
Luxury Collection is proud to participate in Marriott Bonvoy, the new name
of Marriott's travel program replacing Marriott Rewards(R), The Ritz-
Carlton Rewards(R), and Starwood Preferred Guest(R) (SPG). The program
offers members an extraordinary portfolio of global brands, experiences on
Marriott Bonvoy Moments and unparalleled benefits including earning points
toward free hotel stays and nights toward Elite status recognition. To enrol
for free or for more information about the program, visit
MarriottBonvoy.marriott.com.

This press release and further information can be found at
www.asmallworldag.com.

Contact:

ASMALLWORLD AG
Jan Luescher, CEO
Bellerivestrasse 241
CH-8008 Zurich
press@asw.com


ASMALLWORLD - share the good life

ASMALLWORLD, the world's leading lifestyle community, is a private social
network that connects people with a shared passion for the good life.

Each year, ASMALLWORLD organizes more than 1000 events around the world,
where members can expand their private and professional networks. The
ASMALLWORLD website and mobile apps offer members the opportunity to engage
in discussions, obtain travel advice from the Travel Guides or other
members, and meet other members whilst travelling the world. Members also
enjoy exclusive privileges from international partners such as status
upgrades, discounts and additional services.

Besides the global ASMALLWORLD community, Zurich-based ASMALLWORLD AG
operates First Class & More, a subscription-based luxury travel community,
ASW Travel AG, which provides bespoke travel arrangements for its customers,
LuxuryBARED, a luxury hotel booking platform offering exclusive benefits in
a curated collection of the world's best properties, as well as The World's
Finest Clubs AG, which offers its members access to the most exclusive
nightlife venues around the world.

For more information, visit:

www.asmallworldag.com

www.asw.com

www.first-class-and-more.de

www.luxuryBARED.com

www.finestclubs.com

www.north-island.com


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End of ad hoc announcement

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