Walter Power steps down from South Shore, turns non-exec director

South Shore Holdings, owner and operator of luxury Macao hotel ‘The 13 Hotel’, has announced the re-designation of its chief executive officer, Walter Craig Power, as of May 1, 2019.

According to a filing to the Hong Kong Stock Exchange, Mr. Power is no longer CEO of the company from May 1, and has been re-designated as a non-executive director of the company. He also ceases to be a member of the Executive Committee of the company.

The company did not indicate any intention to find another CEO to take Mr. Power’s place.

Last month, South Shore said it hasn’t yet reached a formal accord to operate gaming facilities at its hotel, through a memorandum of understanding it reached with the affiliate of an operator remains in place.

The 13 opened in August last year, without gaming. It boasts 200 duplex suites, limited edition products from the major luxury brands and the only branch of a legendary Paris institution of haute cuisine.

With a gross floor area of approximately 945,079 square feet, the villas begin at about 520 square feet ranging up to about 9,870 square feet and a royal villa of about 19,838 square feet.

Guests will arrive in one of the hotel’s fleet of signature-red Rolls-Royce extended wheelbase Phantoms with the option for private check-in.