Marriott International, Inc. (NASDAQ: MAR) today introduced it has signed a milestone settlement with Asset World Corp Plc. (SET: AWC) so as to add 4 new landmark properties beneath three world-class brands across Bangkok and Pattaya, Thailand. The multi-property settlement includes a Ritz-Carlton Reserve, Thailand’s first JW Marriott Marquis hotel in Bangkok, and two Autograph Collection hotels, set to debut the Autograph Collection model within the country.
“We’re happy to strengthen our longstanding relationship with Asset World Company on this landmark signing,” said Craig S. Smith, Group President, Asia Pacific, Marriott International. “This agreement is a testimony to the boldness homeowners and franchisees equivalent to AWC have in Marriott Worldwide. We’re excited to play a task in AWC’s vision of expanding its various portfolio of hospitality and way of life initiatives in Thailand.”
Ritz-Carlton Reserve, Bangkok at Asiatique the Riverfront
Focused 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 city resort set on the scenic curve of the Chao Phraya River. With 124 meticulously designed visitor rooms, the city sanctuary will showcase the rich tradition, history, and heritage of Bangkok’s 19th Century maritime commerce.
JW Marriott Marquis Resort Asiatique Bangkok
Anticipated to open by 2027, JW Marriott Marquis Resort Asiatique Bangkok situated at Asiatique The Riverfront is predicted to ship a mindfulness haven to the Thai capital set on the Chao Phraya River. That includes over 1,000 rooms, useful assembly areas, and a Spa by JW, the lodge will cater to sophisticated, aware vacationers and supply a luxurious haven for visitors.
The Asiatique Bangkok, Autograph Collection lodge
Anticipated to open by 2024, The Asiatique Bangkok, Autograph Assortment lodge will function as the primary Autograph Assortment branded lodge in Thailand. The Autograph Assortment model is Marriott’s curated assortment of impartial hotels from around the world that share an ardor for originality and philosophy of consideration to particulars. Situated at Asiatique The Riverfront with 200 visitor rooms, the lodge will showcase the distinctive ambiance of 19th Century Thai-Chinese commerce with restored furnishings to imitate a former shophouse.
Aquatique Pattaya, Autograph Assortment lodge
Focused to open by 2024, Aquatique Pattaya, Autograph Assortment lodge will weave collectively the native attraction of a Thai fishing village, a steamboat wharf, and the underwater world within the extremely well-liked resort city at Aquatique The Beachfront Pattaya. Upon opening, the 306-room lodge might be set alongside the Pattaya Marriott Marquis Resort and JW Marriott The Pattaya Seashore Resort & Spa, each nonetheless beneath growth.
“We are delighted to announce one other exceptional growth of our sturdy collaboration with Marriott Worldwide. The brand new multi-property settlement will break the floor via completely new ideas, introducing uniquely crafted hospitality experiences and strengthening each events’ position in elevating the Thai tourism ecosystem,” added Wallapa Traisorat, CEO and President, Asset World Company.
Marriott Worldwide’s portfolio in Thailand encompasses 45 accommodations and resorts at the moment in operation, together with 9 properties with Asset World Company.
