This Hong Kong CEO from a billionaire family is reinventing hotels for millennials

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This Hong Kong CEO from a billionaire family is reinventing hotels for millennials
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Here's how this Hong Kong CEO from a billionaire family is reinventing hotels for millennials.

Now 38, Cheng has four children, and wanted to rethink how kids' clubs worked at hotels. At Rosewood Phuket, for example, there is a children's herb garden and a Thai weaving station.

"It is … a brand that the next generation of travelers are looking for, a much more bespoke brand, a brand about experiences, about discoveries," Cheng said. "I always believe that, you know, resorts should be just for couples ... And then when I had my children … I noticed how the next generation of travelers and people like myself, young families, they travel less as couples … I realize that I want my children to have an educational experience when they are in the resort."

Cheng is the granddaughter of the late Cheng Yu-tung, a Hong Kong property tycoon who died in 2016 with a net worth of $14.5 billion,

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