Framework Agreement
Asset World Corporation and Hyatt Sign Framework Agreement to Develop Over 1,000 New Rooms
Hyatt Hotels Corporation | March 11, 2021
CHICAGO – March 11, 2021 – Asset World Corporation (AWC), Thailand's leading integrated lifestyle real estate group and Hyatt Hotels Corporation (NYSE:H), today announced their affiliates have signed a Framework Agreement for the development and management of new hotels under various Hyatt brands in locations across Thailand. The Framework Agreement outlines the expected development of more than 1,000 new rooms across multiple Hyatt-branded hotels, which will give guests, customers, and World of Hyatt members even more hotel offerings and experiences in key tourism destinations throughout the country. These hotels will strengthen Thailand...