Intercontinental Hotels Group (IHG) is set to expand in Thailand with the opening of a new Crowne Plaza in Bangkok in 2025.
IHG has signed an agreement with long-term partner Kew Green and real estate company Siamese Asset to open the Crowne Plaza Bangkok Rama 9 hotel, situated close to the Thai capital’s new central business district.
The hotel will be located in the mixed-use development Siamese Rama 9, which also features high-end apartments, offices and retail stores. The site is located within reach of two airports: 25km from Suvarnabhui International airport and 22km from Don Muang International airport.
Crowne Plaza Bangkok Rama 9 will feature a ‘Plaza Workspace’ lobby area, described as an “inspiring and comfortable space for guests to work, have a meeting or socialise with friends”. Additionally, the property will have dining venues, meeting rooms, a fitness centre, a swimming pool and a rooftop garden.
Serena Lim, Vice President, Development for IHG, South East Asia and Korea, said:
“This project is the first of its type for IHG in Thailand and made possible by working with Siamese and Kew Green, who bring together the expertise of one of our long-term partners, Kew Green, and local real estate experts, Siamese Asset.
“This deal demonstrates that IHG is nimble and flexible, and that we are changing with the times as well as expanding our long-term partnerships across borders. We are delighted to be working in partnership with Siamese and Kew Green to bring the Crowne Plaza brand to this central location in Thailand’s capital.”
Kajonsit Singsansern, CEO of Siamese Asset, added:
“We are excited to be partnering with IHG to bring Crowne Plaza Bangkok Rama 9 to life. Through the experience of Kew Green, as a long-term IHG franchisee, and Siamese Asset’s local knowledge of real estate, we cannot wait to open the doors of our new venture in 2025.”
This news comes after the group’s signing of Crowne Plaza Bangkok Grand Sukhumvit last month, which is set to be the the country’s largest property under the Crowne Plaza brand. The group already has 31 hotels operating under seven brands in Thailand, with 30 additional properties in the pipeline.