Marriott International will open three new properties in Thailand this year, further strengthening its position in the country with 16 hotels in its Thai portfolio.
The Rayong Marriott Resort & Spa, The Bangkok Marriott Hotel Sukhumvit and the Marriott Executive Apartments Bangkok – Sukhumvit Thonglor will all open in 2012, adding to an already extensive portfolio of hotels and brands.
Chief operating officer, Marriott International, Asia Craig Smith said the company is delighted to be expanding its footprint in Thailand with these three new. “We have had a long relationship with Thailand having opened our first hotel here, the JW Marriott Bangkok, some 15 years ago,” Mr Smith said.“It is great to be able to bring these new hotels to Thailand, which we feel will have a very positive impact on both domestic and international travellers to the country.”Mr Smith confirmed that Marriott International’s commitment to Thailand is for the long term and in addition to these three hotels, a further five hotels are set to open in the next three to four years.
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Anyone searching for a silver lining to the pandemic should look to the clear, blue skies above them. A reduction in pollution worldwide has been an unintended benefit of the lockdowns and stay-in-place orders imposed to control the spread of COVID-19.
Thailand Q1 Investment Applications Soar 80% as FDI More Than Double says BOI
The top three source countries of FDI applications during the first quarter were South Korea, China, and Singapore, with similar levels of investment. Korean investment soared due to a large-scale joint venture in the medical sector, Ms Duangjai said.
The Thailand Board of Investment (BOI) said today that in the first quarter of 2021, investment applications rose 80% from the year earlier period to a total value of 123.4 billion baht (USD3.9 billion), led by projects in the medical and electric and electronics (E&E) sectors, as foreign direct investment (FDI) applications more than doubled.(more…)
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