Siamese Asset signs a Franchise Agreement with Hilton for the new Hilton Garden Inn Bangkok Ram Intra
Siamese Asset Public Company Limited (SA), entered a franchise agreement with Hilton for operating the new Hilton Garden Inn Bangkok Ram Intra, is a part of the Landmark @Grand Station project on the Ratchada-Ram Intra.
Located on the MRT Pink line and neighboring Fashion Island Shopping Mall. Hilton Garden Inn is scheduled to open in 2025. An up-and-coming urban center, Siamese Asset forecasts excellent returns for the Company and its shareholders
Khun Sunanta Singsansern Chief Operating Officer of Siamese Asset Public Company Limited (SA), a wholly Thai owned leading real estate developer revealed that SA has entered a franchise agreement with Hilton for operating the new Hilton Garden Inn Bangkok Ram Intra,
which is a part of the Landmark @Grand Station project located at the Ratchada-Ram Intra Road intersection, is scheduled to open in 2025. This project is anticipated to be completed as the MRT Pink and Orange lines open. Allowing quick access to all of Bangkok.
SA is pleased to strengthen our collaboration with a global hotel chain like Hilton as a strategic business partner, this hotel business expansion will provide good long turn returns as well as creating greater consumer awareness of Siamese Asset Group
in both real estate and hotel developments. As this project is located in a new central business district (CBD) the 224 rooms will be accompanied with Meeting and Convention Space, in readiness for the planned urban expansion of Ram Intra.
Hotels, including Hilton Garden Inn Bangkok Ram Intra are a new segment for SA, SA’s combination of integrated developments such as Landmark @Grand Station Ratchada-Ram Intra is
designed to create added value to the community and increases SA’s competitive advantage as compared to other real estate developers through the use of famous and quality hotel brands.
'Hilton Garden Inn is the latest in our portfolio of, existing Hotel projects and developments with IHG, Banyan Tree, Accor and Wyndham Hotel Groups, we are excited with the opportunities that we see in a post Covid world.
We look forward to welcoming guests to our Hotels' says Mrs. Sunanta Singsansern, Chief Operating Officer, Siamese Asset Public Company Limited.
'Thailand continues to be a prime destination amidst the exceptional travel boom in Asia,' said Clarence Tan, senior vice president, Development, Asia Pacific,
Hilton. “We are excited to partner with Siamese Asset to expand our fast-growing Hilton Garden Inn brand. In leveraging the full backing of Hilton’s global scale, commercial strategies, and franchise support system, we are confident in our mutual long-term success in this rapidly recovering hospitality market.”
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