The boards of directors of LHIL Manager Limited and Langham Hospitality Investments Limited announced that Mr. IP Yuk Keung, Albert will retire as the Executive Director and Chief Executive Officer of the Trustee-Manager and the Company with effect from 1 April 2019. The Boards announced that Mr. Brett Stephen BUTCHER will be appointed as the Executive Director and Chief Executive Officer of the Trustee-Manager and the Company with effect from 1 April 2019. Mr. Butcher, aged 59, has over 39 years' extensive hotel business experience in both hotel operations and sales and marketing in Asia, the Pacific and North America.

He is the chief executive officer of the hotel asset management arm of Great Eagle Holdings Limited principally overseeing the management of all hotel assets of Great Eagle worldwide.