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Moevenpick to expand number of Thai properties over next three years

By on Aug 15, 2012 in Property News

Moevenpick Hotels & Resorts is looking to add more properties to its growing Thai portfolio. The Swiss company already has two hotels in Phuket and one in Chiang Mai, with others in Bangkok, Samui and Pattaya scheduled to open next year.

“We are looking at even more locations in Thailand. Six hotel developments will open in the next two or three years, but even seven or eight is quite conceivable,” Markus Mueller, vice president for sales and marketing in Asia, said yesterday.

“Much of the investment is targeted in Asia, particularly through property clusters in Thailand, the Philippines and Vietnam,” he said.

The hotel group expects to have 100 properties open worldwide by the end of 2015.

“In Thailand, we already have two properties open in Phuket, with another hotel conversion in Chiang Mai. A city hotel in Bangkok close to the Victory Monument, a resort project on Samui and the major White Sand Beach development in Pattaya are all scheduled to open next year,” he said.

With the Moevenpick Hotels & Resorts’ regional office also situated in Bangkok, the investments reflect the brand’s strong commitment to Asia, and to Thailand in particular, he added.

The White Sand Beach property in Pattaya, scheduled to open in the final quarter of next year, will comprise a 264-room hotel, the Spinnaker Residences condominium with 194 units, and a pool-villa development with 34 units, all operated under the Moevenpick brand.

The development, designed under a stylish maritime concept, will help support Pattaya’s new image as an upmarket, family-oriented resort destination, the executive said.

In the Philippines, Moevenpick will open an adventure-themed luxury resort on Huma Island off Palawan, as well as a resort development on Cebu and a property in Makati, Metro Manila.

In Vietnam, city hotels have already been opened in Hanoi and Ho Chi Minh, with an additional resort project under development. A property has also been opened on the Singaporean resort island of Sentosa, and several more are planned for China, Mueller said.

Source : The Nation 15 August 2012

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