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Hotel Okura Signs Multiple-Property Agreement With Asset World To Add Over 500 Rooms in Thailand

Asset World Corporation | May 24, 2024

Will also launch Chao Phraya River cruises this December TOKYO--Hotel Okura Co., Ltd. announced today that it signed a multiple-property framework agreement on May 17 with Asset World Corporation (AWC), Thailand’s leading integrated lifestyle real estate group, to operate a new hotel being developed by AWC in Chiang Mai by 2028 and several (to be announced) Okura Group luxury hotels across Thailand by 2030, adding more than 500 rooms in the country. Separately, the two companies have also agreed that Hotel Okura will provide hospitality services for cruises to be launched on the Chao Phraya River starting this December. The hotel, w...

Marriott International Signs Agreement With Asset World Corporation to Bring The Ritz-Carlton to Phuket

Marriott International, Inc. | March 8, 2023

Marriott International, Inc., announced plans to introduce The Ritz-Carlton, its iconic luxury brand, to Phuket, Thailand following the signing of an agreement with Asset World Corporation (AWC). The agreement stipulates plans for the strategic renovation and rebranding of the existing Westin Siray Bay Resort & Spa, Phuket. Expected to open in 2025, The Ritz-Carlton, Phuket anticipates setting a new benchmark for luxury hospitality on the island. With its serene and secluded location on the unspoiled east coast of the island overlooking the Andaman Sea, The Ritz-Carlton, Phuket expects to offer guests a spectacular scenery and uninterr...

Fairmont Hotels & Resorts Signs With AWC to Open Global Luxury Brand’s First Property in Thailand

Fairmont Hotels & Resorts | March 1, 2023

BANGKOK - Fairmont Hotels & Resorts, part of world leading hospitality group Accor, and Asset World Corp Public Company Limited (AWC), Thailand’s leading integrated lifestyle real estate group, today announced the signing of the first Fairmont hotel in Thailand. Fairmont Bangkok Sukhumvit is set to open in 2024 as the first project signed under AWC’s multi-property framework agreement with Accor, elevating Bangkok as a global hub for luxury leisure, business and group travel. Under this partnership, AWC and Accor will open more than 1,000 keys across multiple Accor-branded hotels in key tourist destinations throughout the country, ...

AWC and Accor Sign the First Strategic Multiple-Property Framework Agreement

Accor | December 9, 2022

Global hospitality leader, Accor, has signed its first multiple-property framework agreement with Asset World Corporation (AWC), Thailand’s leading integrated lifestyle real-estate group. The Framework Agreement with AWC signals Accor’s continued rapid expansion across Thailand, a strategic market which continues to shine on the world stage. Under the partnership, Accor and AWC will develop more than 1,000 room keys across multiple Accor-branded hotels in key tourism destinations throughout the country, providing unique offerings and experiences for guests. “Accor has always been a pioneer in expanding into new frontiers, working ...

Nobu Hospitality Signs Exclusive Thailand-Wide Development Agreement With Asset World Corporation

Nobu Hospitality | August 29, 2022

NEW YORK, Aug. 29, 2022-- Nobu Hospitality, the globally iconic and fastest growing luxury lifestyle brand, and Asset World Corp Public Company Limited (AWC), Thailand's leading integrated lifestyle real estate group are delighted to announce the exclusive Thailand-wide development agreement, and the commencement of two exciting projects in Bangkok. As part of the development agreement the two partners have committed to an exclusive collaboration to develop multiple Nobu Hotels and restaurants in Thailand.   The parties are exploring further development locations in Thailand's most compelling destinations. The Nobu restaura...

IHG Signs With Asset World Corporation for Kimpton Hua Hin Resort in Thailand

IHG Hotels & Resorts | May 23, 2022

Thailand – 23 May 2022: IHG Hotels & Resorts, one of the world’s leading hospitality companies, is honoured to announce the signing of Kimpton Hua Hin Resort in collaboration with long-standing partner Asset World Corporation, Thailand’s leading integrated lifestyle real-estate group. Opening in 2024, the 124-room resort will be the fourth Kimpton hotel in the Kingdom. Part of IHG’s Luxury & Lifestyle portfolio, the Kimpton brand’s popularity and growth in Thailand has accelerated at pace since its debut in Bangkok in 2020, thanks to its heartfelt service, boldly playful design and award-winning dining offers. The a...

IHG Signs With Asset World Corporation for Three Thailand Hotels

IHG Hotels & Resorts | June 22, 2021

IHG Hotels & Resorts, one of the world’s leading hospitality companies, is proud to announce the signing of three hotels in Thailand with long-standing partner Asset World Corporation (AWC), the country’s leading integrated lifestyle real-estate group. The multi-property agreement includes the new-build InterContinental Bangkok Chinatown – the first luxury hospitality development in the area – and two further projects in Chinatown and Pattaya, totalling 629 rooms. Rajit Sukumaran, Managing Director, South East Asia & Korea, IHG, said: “We’re excited to work with our long-standing partner Asset World Corporation...

Meliá Chiang Mai Is Set for Q4 2021 Opening in Thailand

AWC | June 21, 2021

CHIANG MAI, Thailand – June 21, 2021 – Meliá Chiang Mai, a 260-key urban hotel that towers over the River Ping and bustling Night Bazaar in the heart of Chiang Mai city in Thailand’s mountainous north, is slated to open its doors for business in the fourth quarter of 2021. Owned by Thailand’s leading integrated lifestyle real estate group Asset World Corporation (AWC) and launched by Meliá Hotels International, the five-star hotel is part of the Meliá brand’s roll-out plan in key destinations across Thailand. Meliá Koh Samui debuted in January 2020 with a nautical theme underscored by boat suites made from refurbished merch...

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