PTT Oil and Retail Business Plc (OR) is renewing its focus on diversifying its non-oil business ventures, with plans to construct budget hotels within its petrol stations and incorporate community malls catering to tourists. The company’s President and Chief Executive, Disathat Panyarachun, shared these developments.
The next quarter will see OR onboarding a business consultant to oversee the hotel project. Following this, another couple of months will be invested in picking an operator for the hotel chain, as per Disathat.
These new hotels will feature between 50 to 100 rooms, targeting travellers. The facilities near the hotels will comprise a variety of services including food and beverage outlets, convenience stores and laundry services. Going beyond this, the company is also exploring opportunities to incorporate wellness, healthcare and beauty businesses within its petrol…
