Branded hotels to open in many of Thailand’s destinations

In 2018, Bangkok would welcome the 171-key Waldorf Astoria Bangkok, the 382-key Avani Sukhumvit Bangkok Hotel which is located in Century The Movie Plaza 2 retail complex, and the 251-key DoubleTree by Hilton Bangkok Ploenchit. In 2020, Phang Nga, Phuket, and Pattaya should greet the 170-key InterContinental Yao Yai Resort, the 177-key Hilton Garden Inn Phuket Bang Tao, and the 199-key BluPhere Pattaya, BW Premier Collection by Best Western.

Meanwhile, Centara Hotels & Resorts is expanding into the luxury segment by renovating its Centara Grand hotels in Hua Hin and Samui, while being in discussion for another project in Pattaya. Under these circumstances, Singha Estate Plc. has announced to buy six hotels from Outrigger Hotels Hawaii for US $355 million as part of its strategy to balance the portfolio between real estate and hospitality industries.