Newest Hotels in Thailand

  • Waldorf Astoria

    Last year, the long awaited opening of The Park Hyatt Bangkok was the high point of the Thailand hospitality calendar of 2017. This year the most anticipated luxury hotel opening in Thailand is The Waldorf Astoria Bangkok. A stunning property
  • The Salil

    Upscale and stylish, The Salil has been decked out with a Japanese bent where you can wallow in your bed, sip tea, have a meal, or merely hang out and chill. This is where you can wear pajamas all day,
  • Ritz Carlton Ko Samui

    An ethereal vision of sheer unadulterated grandeur clinging to a cliff so that you feel like you are floating in the air, the Ritz Carlton Koh Samui is where you "can escape in the middle of it all". See 38
  • Splash Beach Resort Mai Khao

    The Langham Hospitality Group's Splash Beach Resort Mai Khao offers some of the best value available on the island of Phuket with spacious rooms at incredible prices. Less than a kilometer from the airport, you'll be at the resort in
  • Cape Fahn Samui

    Cape Fahn Hotel sits on its own private island at Koh Samui where you can play with the other jet setters in pure unadulterated luxury
  • Baba Beach Club

    A luxury hotel with a residential estate, Baba Beach Club Hua Hin is for those who love great music and great food, who won't compromise on standards and want total self-indulgence from lush accommodation where you will be lulled to

Thai Central Group plans $1.1 bln investment, eyes acquisitions

As part of its strategy to increase earnings, Thailand’s leading retail conglomerate, Central Group will invest about 39 billion baht, or $1.1 billion, in new hotels, supermarkets and stores in 2016.

Central Group is also focused on purchasing more foreign assets in countries like Cambodia, Laos, Myanmar and Vietnam, Central Group Chief Executive Tos Chirathivat said.

The conglomerate, which has five luxury department store firms in Europe, has growth plans that will see the group acquiring more four-star hotels in the Maldives and Dubai. It also envisages to open 420 new retail outlets in Thailand.

Central Group is also keen to improves sales by another 18.9 per cent to take its revenue to 337 billion baht in 2016, which will be about 5 per cent increase than in the previous year.

Central Pattana Pcl, Robinson Department Store Pcl and Central Hotel Plaza Pcl are among the retail businesses where Central Group has evinced interest.

Read the full article here:
Thai Central Group plans $1.1 bln investment, eyes acquisitions

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Hotel Otaku. Hotel reviewer. Aspiring photographer. Xenodocheionologist. Zac fuses his lifelong passions for 1. Beautiful Hotels & Resorts, 2. Thailand and 3. Website Design to bring NewThaiHotels to life, sharing the latest information on new and exciting luxury hotel openings in stunning tropical Thailand.

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