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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...
IHG and AWC Grow Partnership With Agreement to Open InterContinental and Kimpton Brands in Chiang Rai
IHG | November 16, 2023
InterContinental and Kimpton brands to debut in Thailand’s famed Golden Triangle area Bangkok, Thailand – 16 November 2023: IHG Hotels & Resorts (IHG), one of the world’s leading hospitality companies, and Asset World Corp Public Company Limited (AWC), renowned as Thailand’s leading integrated lifestyle real estate group, extend their long-standing partnership with a landmark agreement to open two new luxury hotels in Chiang Rai, Thailand. Opening in 2025, InterContinental Chiang Rai Golden Triangle Resort will offer 68 one- and two-bedroom pool and plunge pool villas. Kimpton Chiang Rai Golden Triangle, which currently op...
AWC Strengthens Long-Term Partnership With Nobu Hospitality to Launch Two Iconic Plaza Athénée Hotels in New York and Bangkok
Asset World Corp Public Company Limited | June 15, 2023
15 June 2023 – Asset World Corp Public Company Limited or AWC, Thailand’s leading integrated lifestyle real estate group, strengthens its long-term partnership with Nobu Hospitality, the globally iconic and fastest growing luxury lifestyle brand, to develop Plaza Athenee hotels in New York and Bangkok, bringing the new level of ultra-luxury to iconic heritage buildings in two of the world’s most visited cities. Under the collaboration, AWC and Nobu will partner to launch the world’s most remarkable hotels in the best strategic locations in New York and Bangkok under the Plaza Athenee brand. Leveraging AWC’s strength in real estate...
IHG and AWC Extend Long-Term Strategic Partnership With Signing of Kimpton Pattaya
IHG Hotels & Resorts | March 21, 2023
Bangkok, Thailand – 21 March 2023: IHG Hotels & Resorts, one of the world’s leading hospitality companies, is proud to announce Kimpton Pattaya, as an exciting extension of its long-standing partnership with Asset World Corp Public Company Limited or AWC in Thailand. The agreement is another major milestone in the relationship between IHG and AWC – renowned as being the Kingdom’s leading integrated lifestyle real estate group, with a stellar track record in market-leading tourist destinations. This will be their second collaboration for a Kimpton Hotels & Restaurants property in the country. The strategic partnership b...
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 ...
IHG Announces Strategic Partnership With Asset World Corporation (AWC) for Development of More Than 1,200 Rooms in Thailand
IHG | January 15, 2020
IHG® (InterContinental Hotels Group), one of the world’s leading hotel companies, has announced a strategic partnership with long-standing partner Asset World Corporate (AWC), Thailand's leading integrated lifestyle real-estate group, to manage a portfolio of properties across Thailand. The agreement will see the development of more than 1,200 rooms across Thailand, with the first signing announced today as the 306-room InterContinental Chiang Mai Mae Ping. Serena Lim, Vice President, Development, IHG South East Asia and Korea commented, “With plans to double our portfolio in Thailand in the next 3-5 years, this signing today between ...