Louis XIII says CNY bonus reflects contribution to new ultra-luxury resort

Louis XIII Holdings Limited, whose new luxury property is scheduled to open in Macau in late summer, says it will pay a Chinese New Year bonus for all team members.

The bonus, equivalent to up to two months’ salary, was paid to general staff who have been with the company the full 2015 calendar year, and pro rata for those on board before 31 December 2015 but who have not completed a full years’ service.

“This bonus reflects our recognition and appreciation of the diligent, productive work of Louis XIII’s team members, as they continue contributing to what will arguably be the most luxurious hotel ever built,” CEO Walt Power said in a release.

The sustained success of the company is based on recruiting the highest quality team members, and investing in those individuals through constant world-class training and development, he said.