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Friday, May 10, 2024

Marriott plans to open 8 new properties this year

Lobby of Madi Paidi Bangkok Autograph Collection which is set to open this year.

Marriott International wants to continue hiking room rates to secure growth in Thailand this year, while it aims to open eight more properties.

“We have great confidence in Thailand,” said Jakob Helgen, area vice-president of Thailand, Vietnam, Cambodia and Myanmar at Marriott International.

Mr Helgen said Thailand’s reopening without restriction, which could have gained more than 11 million foreign tourists last year, had really made the country a desirable destination.

He said the company would ramp up its expansion after facing delays in construction and product management over the past two years.

The average room rate of Marriott properties in…

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