BCCT EEC Gossip Column – April 2019 Centara on Track to Realizing 5-Year Strategic Vision After Securing 10 Hotels in 2018
BCCT EEC Gossip column – April 2019 Centara on track to realizing 5-year strategic vision after securing 10 hotels in 2018 Centara Hotels & Resorts, Thailand’s leading hotel operator, has revealed that it is on track to achieve its strategic vision, which includes the goal of doubling its global hotel portfolio by 2022. At present, Centara has 68 hotels and resorts worldwide – 45 in Thailand and 23 overseas – comprising 13,477 rooms. This includes 39 hotels in operation and 29 hotels under development. Centara secured a total of 10 hotels comprising 1,294 rooms in 2018 and will double its global collection to 134 hotels by 2022, with a multi-brand expansion strategy that will see new Centara properties rise in a variety of different markets. Also in Thailand, Centara Sonrisa Residence and Suites Sriracha will soon make its debut on the country’s Eastern Seaboard, and the new COSI brand, which caters for cost-conscious and tech-savvy travelers, is becoming a key driving force behind Centara’s domestic expansion strategy. COSI Samui Chaweng Beach opened in December 2017, marking the brand’s official debut, and further COSI properties are in the pipeline in Thailand, namely COSI Pattaya Naklua Beach which will open this September and COSI Chiang Mai Ta Pae Gate. Samsung Engineering opens ‘Hope Library’ for children in Rayong Samsung Engineering, a leading engineering, procurement, construction and project management (EPC&PM) company in Thailand, announced in a press release on Friday that it recently hosted an opening ceremony for a newly donated “Hope Library” for children from Nong Fab Village, MapTa Phut, Muang, Rayong.
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