Dusit International makes further inroads into the with the signing of Dusit Princess Boracay

Slated to open in early 2021 on the Philippines’ best-known island, the beachfront property puts Dusit on course to become one of the largest international hotel operators in the Philippines within the next three years.

Bangkok, , 26 November 2019 – , one of Thailand’s leading hotel and property development companies, has signed a hotel management agreement with International Builders Corporation (IBC), one of the leading construction companies in the Philippines, to operate Dusit Princess Boracay hotel on the west coast of the Philippines’ famed paradise island, Boracay.

Slated to open in early 2021 in the Station 1 area of the island’s beautiful White Beach, one of the finest stretches of white sand on the island, the new beachfront hotel will comprise 120 guest rooms offering high levels of comfort and convenience, plus impressive views of the beach and surrounding emerald waters.

In keeping with the high standards of the upper-midscale Dusit Princess brand, each guest room will feature premium-quality beds, a cosy bathroom with a powerful shower, a range of modern amenities, and a contemporary design.

Hotel facilities will include a large swimming pool overlooking the beach, a fully equipped gym, and function rooms for social and business events. An all-day dining restaurant and local speciality restaurant will also be part of the offerings.

Dusit Princess Boracay’s prime location ensures guests will enjoy easy access to everything the paradise island has to offer. From the atmospheric dining scene of West Beach and the exhilarating water sports activities of Bulabog Beach, to the scenic hiking trails of Mount Apo and the magnificent marine life found at more than 15 beautiful dive sites, the hotel is surrounded by a wide range of memorable experiences for guests of all ages to enjoy.

Located only 15 minutes by car from Cagban Jetty Port, which links by ferry to Caticlan Airport, the hotel is easily accessible. Flights to take one hour, while flights to Cebu take 50 minutes.

“We are delighted to continue our expansion in the Philippines by signing to manage Dusit Princess Boracay in one of the country’s best-loved tourist destinations,” said Ms Suphajee Suthumpun, Group CEO, Dusit International. “IBC’s focus on sustainable development perfectly aligns with our own commitment to always have a positive impact wherever we set foot. We now look forward to delivering a hotel experience that not only delights our guests and customers, but which brings enduring value to the island community too.”

Mr Alfonso Tan, Chairman, IBC, said, “Our vision for this project has always been to aid in the sustainable development of Boracay as a destination while preserving the natural beauty for which the island is renowned. Dusit’s rich experience in managing island-based resort properties, coupled with its passion for sustainable operations, makes it the perfect partner for this special

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project. We are delighted to partner with them to bring our vision to life, and we look forward to a long and prosperous relationship together.”

Dusit International currently operates five properties in the Philippines including Dusit Thani Manila; dusitD2 Davao; Dusit Thani Residence Davao; The Beach Club at Lubi Plantation Island, Managed by Dusit; and Dusit Thani Mactan Cebu. The company also recently opened the pioneering Dusit Hospitality Management College, which offers short courses and degree programmes designed to create talented hospitality professionals for the industry at large.

Dusit also has 11 properties in the pipeline in the Philippines representing four brand models – Dusit Thani, dusitD2, Dusit Princess, and ASAI . The majority of these properties are set to open within the next three years, positioning Dusit as one of the largest international hotel operators in the Philippines.

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About Dusit International

Dusit International was founded in 1948 by Honorary Chairperson Thanpuying , whose first hotel was the Princess on Bangkok's Charoenkrung Road. Today the company is a leader in hotel management and hospitality education and comprises a unique international portfolio of distinctive hotels and resorts operating under four brands: Dusit Thani, dusitD2, Dusit Princess and Dusit Devarana.

Alongside growing its operations globally, with more than 50 properties in the pipeline across key destinations, Dusit International is also expanding its business to provide new experiences for customers across the lodging spectrum.

The company recently entered the vacation rental market with the full acquisition of Elite Havens, the leading provider of high-end vacation rentals in Asia, and it also announced plans to enter the lifestyle market with the launch of ASAI Hotels, a distinctive new brand designed to link curious, millennial-minded travellers with authentic local experiences in vibrant cities and resort destinations worldwide.

The company also operates the signature Devarana Spa and has a fast-growing Education Division. The latter, established in 1993, comprises , which offers vocational and postgraduate hospitality degrees at campuses in Bangkok and ; and Le Cordon Bleu Dusit Culinary School.

Dusit International is currently redeveloping its flagship Dusit Thani Bangkok hotel as part of Dusit Central Park, a landmark mixed-use project comprising residences, an office building, retail areas, and a new Dusit Thani Bangkok hotel. The new hotel is expected to open in 2023.

For more information, please visit www.dusit.com.

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Photo caption - Dusit Princess Boracay is located in the Station 1 area of the island’s beautiful White Beach. Willy’s Rock (pictured), a tidal island featuring a statue of the Virgin Mary, is one of the area’s most photographed landmarks.

Media Contact: Sureerat Sudpairak | Assistant Director – Corporate Communications | Dusit International Tel: +66 (0) 2200 9999 ext. 3321 | Fax: +66 (0) 2636 3549 | Email: [email protected]

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