Marriott International Signs Agreement With Asset World Corporation To Bring Four World-Class Hotels To Thailand
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Project expected to add 1,638 rooms under three global brands in Bangkok and Pattaya by 2027
Marriott International, Inc. (NASDAQ: MAR) today announced it has signed a milestone agreement with Asset World Corp Plc. (SET: AWC) to add four new landmark properties under three world-class brands across Bangkok and Pattaya, Thailand. The multi-property agreement features a Ritz-Carlton Reserve, Thailand’s first JW Marriott Marquis hotel in Bangkok and two Autograph Collection hotels, set to debut the Autograph Collection brand in the country.
“We are pleased to strengthen our longstanding relationship with Asset World Corporation in this landmark signing,” said Craig S. Smith, Group President, Asia Pacific, Marriott International. “This agreement is a testament to the confidence owners and franchisees such as AWC have in Marriott International. We are excited to play a role in AWC’s vision of expanding its diverse portfolio of hospitality and lifestyle projects in Thailand.”
Ritz-Carlton Reserve, Bangkok at Asiatique the Riverfront
Targeted to open by 2027 in Bangkok’s newly revamped Asiatique The Riverfront, the Ritz-Carlton Reserve, Bangkok is expected to serve as a private, ultra-luxury boutique urban resort set on the scenic curve of the Chao Phraya River. With 124 meticulously designed guest rooms, the urban sanctuary will showcase the rich culture, history and heritage of Bangkok’s 19th Century maritime trade.
