Accor will open three new hotels in Bangkok this year, in response to the travel industry’s expected return to pre-political-crisis levels. The group has confirmed the opening of the Novotel Bangkok Fenix Silom with 225 rooms, Novotel Bangkok Fenix Ploenchit with 380 rooms and budget hotel Ibis Bangkok Riverside with 272 rooms.
“These three hotels will add to the existing network of 43 hotels throughout the country. Novotel and Ibis are two of Accor’s core hotel brands,” said Oswald Pichler, vice president for operations in Thailand, Cambodia and Laos.
He said the challenge was to continue supporting the return of long-haul tourists to complement the strong numbers for short-term visitors. Last year was clearly a challenge for the local hotel industry, but Accor’s hotel network outperformed the drop in arrivals, thanks to several factors.
One main factor was Accor diversifying its brand portfolio by repositioning its five-star Sofitel and Pullman brands, upper-mid-scale Novotel and Mercure brands and trendy economy brands All Seasons and Ibis.
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Bangkok 7th World Most connected city to China
Bangkok also ranks 3rd in terms of the volume of Chinese corporate leasing activity over the last three years, according to a new report from real estate consulting firm JLL.
While China’s biggest corporates are increasingly flexing their global muscle as the country’s economic and geopolitical influence accelerates, Bangkok is the 10th most popular destination for mainland firms expanding overseas. (more…)
Thailand’s Special Economic Zones (SEZ) and new opportunity connected
The SEZ policy was first launched in 2015 based on the government’s belief in the strong potential of the 10 areas to connect with the neighboring countries in terms of trade, economy and investment
With its strategic location in the center of ASEAN with emerging markets, including Cambodia, Laos, Myanmar, Malaysia and southern China, on its border, Thailand is well position to connect investors to new opportunities arising from the increasing border trade and the region’s rapid economic growth.
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