Ramada Strikes First Management Agreements for Three Hotels in Thailand
September 09, 2009 // Franchising.com // HONG KONG — Wyndham Hotel Group, the world's largest hotel company with approximately 7,000 hotels and 11 brands, today announced the signing of the company's first management agreements in Bangkok, Thailand.
Currently under development, the properties include the 188-room Ramada Encore Soi 10 – Bangkok, owned by Nai Chan Estate Co. Ltd., the 98-room Ramada Hotel & Suites Soi 12 – Bangkok, owned by Sookjai Condominium Co. Ltd. and the 150-room Ramada Bangkok Sukhumvit, owned by Asset Lifestyle Co. Ltd.
"Bangkok is the center of economic development and the most prosperous part of Thailand, making it an ideal destination for the growth of the global Ramada brand," said Tom Monahan, Wyndham Hotel Group executive vice president of development. "These new hotels will further the brand's reach and clearly position Ramada as a strong, vibrant and leading brand in the country."
While the three properties are the company's first managed hotels in Thailand, Wyndham Hotel Group has a managed portfolio of 27 Wyndham Hotels and Resorts properties around the globe, including the 162-room Wyndham Grand London Chelsea Harbour in London; the 600-room Wyndham Rio Mar Beach Resort and Spa in Rio Grande, Puerto Rico and the recently opened 588-room Wyndham Xiamen in Xiamen, China.
Located in the Sukhumvit area, a thriving commercial and entertainment hub in Bangkok, the Ramada Encore Soi 10 – Bangkok property will be an 8-floor, new-build hotel featuring a fitness center and swimming pool as well as a meeting room with accommodations for 40 people. The property is expected to open in the fourth quarter of 2010.
The 11-story Ramada Hotel & Suites Soi 12 - Bangkok hotel is located at Soi 12 Sukhumvit Road. Amenities will include a full-service restaurant, rooftop bar, lobby lounge, fitness center and swimming pool. The hotel is expected to open in the first quarter of 2010.
The 37-story Ramada Bangkok Sukhumvit is located at the junction between Sukhumvit Road and Soi 23, 30 meters from the Asok BTS sky train station. Amenities will include a full-service restaurant, two signature bars, an executive lounge, fitness center, business center and swimming pool. The property is expected to open in the first quarter of 2012.
Wyndham Hotel Group, part of the Wyndham Worldwide family of companies (NYSE: WYN), encompasses more than 7,000 hotels and 590,000 rooms in 66 countries under the hotel brands: Wyndham Hotels and Resorts®, Ramada®, Days Inn®, Super 8®, Wingate by Wyndham®, Baymont Inn & Suites®, Microtel Inns & Suites®, Hawthorn Suites®, Howard Johnson®, Travelodge® and Knights Inn®.
All hotels are independently owned and operated excluding certain Wyndham and international Ramada hotels which are managed by our affiliate or through a joint venture partner. Wyndham Hotel Group is based in Parsippany, N.J.
Comments:comments powered by Disqus
- Expansions & Growth
- Financial & Earnings Claims
- Mergers & Acquisitions
- Personnel Changes
- General Announcements
- Conferences & Events
- Product Announcements
- Media Coverage
- Strategic Alliances