Thailand: Bangkok-based ONYX Hospitality Group has signed a management agreement with leading Thai real estate company Ratanakorn Asset for three new hotels in Eastern Thailand.
The hotels will represent all three of ONYX Hospitality Group’s core brands – Amari, Shama and OZO – adding 773 rooms and suites to the company’s expanding pan-regional portfolio.
The planned new-build hotels include the 400-key Amari Jomtien Pattaya, 250-key Shama Wongamat Pattaya and 123-key OZO Pratumnak Pattaya
Shama Wongamat Pattaya, located on a sea view site in North Pattaya, will feature 250 residential-style units in studio, one-bedroom and two-bedroom apartment configurations. The property will feature an all-day dining restaurant complemented by a guest lounge, pool, garden and gym. The property will also benefit from key Shama signatures including allocated housekeepers for residents on longer leases, and the brand-wide “no boundaries” lifestyle program offering orientation “hood tours” to familiarise guests with the local culture, nearby lifestyle venues and amenities, activities which connect residents within the community, and recommendations to the hidden gems of the area. Shama Wongamat Pattaya is scheduled to open in 2025.
Douglas Martell, president and CEO of ONYX Hospitality Group, said: “Pattaya is the birthplace of the ONYX Hospitality Group growth story, and where our first hotel was launched close to half a century ago. It is with great excitement that we expand our reach in this key Thai destination, with all three of our core brands being represented in this partnership with Ratanakorn Asset. As Thailand’s east coast evolves to become the leading destination for both international and domestic travel with planned road, rail and air infrastructure enhancements and investment in the Eastern Economic Corridor initiatives, we look forward to being one of the prominent hospitality players in this growing region.”
Jugkarut Ruangratanakorn, managing director of Ratanakorn Asset Co. Ltd., said: “A major investor in hospitality with an active pipeline of the hotel and serviced apartments projects with leading international and regional operators, we are committed to expanding our portfolio in the fast-developing Eastern Economic Corridor. We have witnessed and admired the expansion of ONYX Hospitality Group across Thailand and the Asia-Pacific region, and look forward to working with them in bringing the brand propositions of Amari, Shama and OZO to life with the opening of these upcoming Pattaya properties.”
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