& resorts type private subsidiary of new world development founded dallas texas 1979 founder caroline rose hunt headquarters 36 f new world tower 1 18 queen s road hong kong area served worldwide key people sonia cheng chief executive officer rosewood hotel group radha arora president rosewood hotels & resorts parent rosewood hotel group website rosewood hotels & resorts rosewood hotels & resorts is an international luxury hotel and resort company operating 19 properties in 11 countries owned by hong kong based new world development . it was founded in 1979 by caroline rose hunt the daughter of oil tycoon h. l. hunt . the company was sold by rosewood corp. and maritz wolff & co in 2011 to rosewood hotel group formerly new world hospitality for 229 million along with five of the properties that were sold for 570 million . arranged by perkins coie the 800 million deal was awarded merger & acquisition of the year 2011 by the americas lodging investment summit . 1 2 contents 1 history 1.1 acquisition by rosewood hotel group 2 properties 3 references 4 external links history edit caroline rose hunt founded rosewood in 1979 desiring to create residential style luxury hotels that would provide guests with attentive personalized services . 3 a year later hunt converted the mansion of texas cotton magnate sheppard king into rosewood s first hotel the mansion on turtle creek located in the upscale turtle creek neighborhood . 4 5 6 acquisition by rosewood hotel group edit hong kong based company rosewood hotel group formerly new world hospitality and rebranded in may 2013 is a subsidiary of chow tai fook enterprises limited a privately owned hong kong based company . previously rosewood hotel group was the hotel management arm of new world china land limited a subsidiary of new world group . the company announced in june 2011 that it had signed a purchase and sale agreement to acquire rosewood hotels & resorts from rosewood corp. and maritz wolff & co. chief executive officer of rosewood hotel group sonia cheng stated the deal represents a strategic direction for our company to establish a robust presence in the international luxury hospitality arena and particularly with our strong asia base rosewood will be positioned for substantially accelerated global growth . she added that the company would treasure and protect rosewood s legacy people and reputation with caroline hunt honorary chairperson of rosewood hotels & resorts saying it was a source of satisfaction that rosewood would be joining a company that appreciates the heritage of rosewood and the values on which it was built . 7 8 the deal was completed on july 29 2011 with rosewood hotel group stating in a press release that rosewood would operate as the ultra luxury brand of its business and that the company was looking to double the size of rosewood s property portfolio within five years . 9 jumby bay a rosewood resort in antigua properties edit rosewood mansion on turtle creek the flagship property of the company opened in 1980 . rosewood crescent rosewood hotel georgia vancouver the carlyle a rosewood hotel rosewood cordevalle rosewood inn of the anasazi rosewood sand hill rosewood washington d.c. las ventanas al paraiso a rosewood resort rosewood mayakoba rosewood san miguel de allende rosewood little dix bay jumby bay a rosewood resort rosewood tucker s point rosewood london rosewood castiglion del bosco rosewood beijing rosewood jeddah rosewood abu dhabi upcoming properties rosewood puebla 2016 rosewood phnom penh 2016 h tel de crillon a rosewood hotel 2017 rosewood phuket 2017 rosewood sanya 2017 rosewood guangzhou 2017 rosewood luang prabang 2017 rosewood tanah lot bali indonesia 2018 rosewood miramar beach montecito santa barbara ca usa 2018 rosewood clearwater bay hainan china 2018 rosewood s o paulo brazil 2018 rosewood edinburgh scotland 2018 rosewood bangkok thailand 2019 rosewood siem reap cambodia 2019 rosewood papagayo costa rica costa rica 2019 rosewood jakarta indonesia 2020 references edit alis award winners announced . americas lodging investment summit . retrieved 14 february 2012 . rosewood deal named m & a of the year by alis . perkins coie . retrieved 14 february 2012 . about rosewood hotels & resorts . retrieved 14 february 2012 . bosch hayley . hotel of the day rosewood mansion on turtle creek . forbes . retrieved 14 february 2012 . rosewood mansion on turtle creek . travel and leisure . retrieved 14 february 2012 . rosewood mansion on turtle creek . u.s. news . retrieved 14 february 2012 . rosewood is selling the management group of the mansion to new world hospitality . d magazine . 20 june 2011 . retrieved 14 february 2012 . brandt nadja 20 june 2011 . luxury hotelier rosewood to be bought by new world china for 229 million . bloomberg . retrieved 15 february 2012 . new world hospitality completes purchase of rosewood hotels & resorts . prnewswire . retrieved 15 february 2012 . external links edit official site of rosewood hotels & resorts retrieved from https en.wikipedia.org w index.php title rosewood hotels % 26 resorts & oldid 743419516 categories hospitality companies of the united statesprivate equity portfolio companiescompanies based in dallas navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 9 october 2016 at 15 36 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . 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