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Centara eyes 100 new hotels

Centara eyes 100 new hotels

Resort owner plans to open 20 a year

The design for Centara Hotel Korat, which the company plans to open this year.

Centara Hotels and Resorts wants to open 100 new hotels within five years, spanning Thailand, neighbouring countries, China and the Middle East, with most of them under management agreements.

The five-year plan for 2022-26 is to add 20 hotels per year, which will see the total number reach almost 200 and provide around 38,000 rooms, said Thirayuth Chirathivat, chief executive of Centara Hotels and Resorts.

Half of the new properties are in Thailand, followed by the Middle East, China and Southeast Asian countries, particularly Vietnam, with plans for 20 hotels there.

Mr Thirayuth said most of the new hotels will…

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