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EQS-Adhoc: ASMALLWORLD AG names Dario Bertucci Managing Director of ASW Hospitality AG

EQS Group-Ad-hoc: 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.



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.
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