The Latest: In April 2024, Spain-based hotel group Meliá Hotels International announced its plans to open two new luxury hotels in Thailand over the medium term (2024-2028). The company will open Meliá Pattaya City hotel in December 2024, as well as Paradisus Jomtien Resort in 2028. Meliá’s investment will be supported by its partnership with Thailand-based real estate group Asset World Corporation (AWC).
Implications: The expansion of Thailand’s luxury hotel offering will be…
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