PARK HOTEL GROUP ENTERS THAILAND AND INDONESIA
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Park Hotel Group is strengthening its presence in Southeast Asia with two new management contracts in Thailand and Indonesia. The group announced that it has been appointed to manage a beachfront resort in Khao Lak, Thailand and a hilltop resort in Bali, Indonesia.
The agreement signed with Southsea Group will see Park Hotel Group open its first property in Thailand, Park Hotel Khao Lak Beach Resort Phang Nga, in the first half of 2015. Park Hotel Nusa Dua Bali is scheduled to commence operation in the first quarter of 2015. More details will be announced at a later stage.
Allen Law, CEO, Park Hotel Group said, “Park Hotel Khao Lak Beach Resort Phang Nga and Park Hotel Nusa Dua Bali are important milestones for both our brand and for the Group. As our Group's first hotels in Thailand and Indonesia, both of which are influential and growing markets that we feel is of strategic importance. We're very excited to be entering Phang Nga and Bali; the former being a rapidly developing tourist destination is a stone’s throw from the Phuket International Airport, while Bali remains one of Southeast Asia’s leading tourist destinations.”
With a current portfolio of 10 properties across Singapore, China, Hong Kong and Japan, the two hotels increase the number of hotels under management to 12 and expand Park Hotel Group’s reach to two new countries in Southeast Asia. These additions to the Group’s upscale hotel portfolio come ahead of the Singapore openings: Park Hotel Alexandra in the second quarter of next year, and Park Hotel Farrer Park in 2016. Park Hotel Group continues to expand its presence in Asia Pacific, with a growing regional portfolio of luxury and upscale hotels, and many more in the pipeline.