From Bellhop To CEO
Forbes Indonesia|May 2018

Hong Kong’s Law family bought a hotel on a whim and now boasts an entire chain, thanks to dad letting his son run the show.

Jane A. Peterson
From Bellhop To CEO

Allen Law was 24 and had just finished a bachelor's degree in math and management at King’s College London. He was planning to stay abroad when his father, Law Kar Po, called with a tempting proposal: return home to Hong Kong immediately and run his newly purchased hotel. “Dad said, ‘We know nothing about hotels and we are too old to learn,’ ” recalls Allen. “I decided to take up the challenge. I flew back.”

That was 2003, the middle of the SARs crisis, and Kar Po had picked up the Park Hotel brand and its one 16-story hotel at the bargain price of $67 million. The following months were a blur for the younger Law as he embarked on a crash course in hotel management, working two shifts at the Park Hotel Hong Kong in the heart of Kowloon’s Tsim Sha Tsui district. He learned every job, beginning with the bellhop’s, and became the general manager in 18 months. “In the beginning, you feel thrown into the deep end of the ocean,” he says, his accent and manner notably Cantonese. “But you learn how to swim.”

Now 38, Allen is chief executive of the family’s privately held Park Hotel Group and passionate about the hotel business. He and the group are based in Singapore and come 2019, the portfolio will boast 16 hotels. Park Hotel owns 6 of them, holds a stake in another and manages all of them. They’re a mix of luxury, upscale and midscale, and they’ll span 11 cities in eight countries. “Our strength is unique,” he says. “We invest and operate. We understand the entire cycle, A to Z.”

Diese Geschichte stammt aus der May 2018-Ausgabe von Forbes Indonesia.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der May 2018-Ausgabe von Forbes Indonesia.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS FORBES INDONESIAAlle anzeigen
BACK ON TRACK
Forbes Indonesia

BACK ON TRACK

Collective wealth gets a 21% boost to a record $162 billion amid an economic uptick.

time-read
10+ Minuten  |
December 2021
Championing Locals
Forbes Indonesia

Championing Locals

The wave of social commerce is enabling inclusive digital economies beyond urban areas.

time-read
6 Minuten  |
December 2021
Boys in the Bubble
Forbes Indonesia

Boys in the Bubble

Startups are supposed to specialize, but OPENSEA’s founders thrived by building a wide-open market for creating and trading all manner of NFTs, whether art, music or gaming. Now that they’re centimillionaires and poised to become billionaires, they have other worries: competitors, fraudsters and the next crypto crash.

time-read
6 Minuten  |
December 2021
Enduring Relations
Forbes Indonesia

Enduring Relations

The implementation of IA-CEPA amid the pandemic signifies the Indonesia-Australia’s commitment to recover and counter future challenges together.

time-read
6 Minuten  |
December 2021
Sweet Success
Forbes Indonesia

Sweet Success

Steven Erwin envisions Unifam to become a major global player in the confectionery and F&B industry.

time-read
5 Minuten  |
December 2021
Marathon Man
Forbes Indonesia

Marathon Man

Across America, scores of municipal pension funds remain scandalously underfunded. But not the pension fund of Tampa’s police and firemen, thanks in large part to JAY BOWEN, whose no-frills approach to stock picking has protected and served them for more than 45 years.

time-read
5 Minuten  |
December 2021
Gold Rallies on Inflation Fears
Forbes Indonesia

Gold Rallies on Inflation Fears

During September the price of gold rallied to $1,868 per ounce following the release of figures on US inflation by the Bureau of Labor Statistics which indicated that, as of September, CPI inflation had rocketed to 6.2%, above the 5.8% which economists had been predicting.

time-read
2 Minuten  |
December 2021
Set Off to A New Start
Forbes Indonesia

Set Off to A New Start

Bank Aladin has two main ingredients for success: establish trust and offer better customer experiences.

time-read
5 Minuten  |
December 2021
The Daily Intake
Forbes Indonesia

The Daily Intake

YOUVIT plans to invest further into marketing and grow into one of the leading vitamin brands in Indonesia.

time-read
4 Minuten  |
December 2021
THE CROESUS OF CRYPTO
Forbes Indonesia

THE CROESUS OF CRYPTO

FTX COFOUNDER SAM BANKMAN-FRIED BUILT A $22.5 BILLION FORTUNE BEFORE HIS 30TH BIRTHDAY BY PROFITING OFF THE CRYPTOCURRENCY FRENZY—BUT HE’S NOT A TRUE BELIEVER. HE JUST WANTS HIS WEALTH TO SURVIVE LONG ENOUGH TO GIVE IT ALL AWAY.

time-read
10+ Minuten  |
November 2021