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Hotel Industry News |
Saturday July 4th, 2009 |
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Marriott To Introduce Its Renaissance Brand To Thailand |
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Marriott International, Inc. (NYSE:MAR) will introduce its Renaissance hotel brand to Thailand under a management agreement with The Erawan Group PLC for the conversion of the existing 78-unit Buriraya Resort & Spa in Koh Samui to the Renaissance Koh Samui Resort & Spa. |
The conversion is expected to occur by the end of 2005 following completion of a renovation of the resort.
Comprised of 45 guest rooms and 33 villas, the resort is located approximately 20 kilometres south of Koh Samui Airport on a secluded beachfront site offering sweeping views of the sea. Samui, one of Thailand's most rapidly growing resort destinations, is noted for its beautiful beaches, natural beachfronts and waterfalls. Samui is about one hour's flight from Bangkok; it is Thailand's third largest island after Phuket and Koh Chang.
'We are very pleased with our growing portfolio of hotels and resorts in Thailand,' said Ed Fuller, president and managing director of international lodging at Marriott International. 'We are doubly pleased to be working with The Erawan Group PLC, which also owns our highly successful JW Marriott Hotel Bangkok, and are confident that this beautiful resort will be very popular with holiday goers who look for a unique and luxurious getaway.'
Mr. Kasama Punyagupta, president and chief executive officer of The Erawan Group PLC, said, 'We believe in the potential of this project given the benefits of the resort's superior location, the management by a world-class hotel operator, and the Tourism Authority of Thailand's dynamic tourism promotion designed to draw international attention back to Thai destinations. All of these factors will be major contributors to the success of our investment in this project.'
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