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Thai Real Estate Giant Bets Big On Tourism Rebound With $3.2 Billion Growth Plan


Thai Real Estate Giant Bets Big On Tourism Rebound With $3.2 Billion Growth Plan
Courtesy of Asset World Corp.
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This story appears in the July 31, 2021 issue of Forbes Asia. Subscribe to Forbes Asia
Flush with cash from one of Thailand’s biggest IPOs, Asset World Corp. CEO Wallapa Traisorat is building new hotels and refurbishing tourist landmarks in hopes of a post-pandemic boom.
With Covid-19 still keeping foreign tourists away from Thailand’s pristine beaches and bustling cities, leaving more than 80% of hotel rooms unoccupied, one would expect the CEO of one of the country’s largest developers of hospitality, retail and office properties to hunker down. Instead, Wallapa Traisorat, CEO of Asset World Corp. (AWC), has mapped out a 100 billion baht ($3.2 billion) five-year growth plan to position her company for a post-pandemic tourism boom. “It’s a short-term impact that we are facing right now,” she says. ....

Chon Buri , United Arab Emirates , Hong Kong , Intercontinental Hotel , Abuz Aby , Krung Thep Mahanakhon , Republic Of , United Kingdom , South Korea , Koh Samui , Ho Kwon Ping , Wallapa Traisorat , Burj Khalifa , Woeng Nakhon Kasem , Nikhom Jensiriratanakorn , Jeremy Osullivan , Marriott Marquis Queen , Bill Barnett , Adrian Smith , Soammaphat Traisorat , Charoen Sirivadhanabhakdi , Imperial Hotel Group , Merrill Lynch , Silpakorn University , London School Of Economics , Banyan Tree Hotels ,

Love is all around


Love is all around
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St Valentine s Day is just around the corner and it s that time of the year when you have to make a choice on where you re taking your special someone to. We ve got a few suggestions for you.
The Okura Prestige Bangkok
Until Feb 28
Give your special someone the special Valentine Bear Hamper from The Okura Prestige Bangkok. Wrapped in Japanese fabrics, the hamper contains macaroons, chocolate pralines, red velvet cookies, a floral decoration and their special Okura bear. You can also opt to add a bouquet of fresh roses. The Valentine Bear Hamper is priced at B2,888 or B5,388 with the bouquet. ....

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Kingdom under siege by flaky favourite


Kingdom under siege by flaky favourite
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A croissant craze is sweeping the nation, led by marquee restaurants in central Bangkok
published : 15 Jan 2021 at 04:00
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There s no doubt that at this very minute no other pastries are more sought after in the Kingdom than flaky and buttery croissants.
The popularity of the crescent-shaped baked good, originated from Austria, was ignited on social media and quickly adopted by pâtissiers veteran and wannabe around the country.
New baking wunderkinds specialising in croissants are popping up not only in Bangkok CBD but also at locations in the middle of nowhere in provinces such as Chiang Mai, Samut Songkhram and Ratchaburi. ....

France General , Chiang Mai , Samut Songkhram , Krung Thep Mahanakhon , Saudi Arabia , South Korea , Erwin Eberharter , Gontran Cherrier , Kritnakorn Rooplek , Sebastiaan Hoogewerf , Carlton Hotel Sukhumvit , Tuxedo Espresso Bar , World Croissant Day , Espresso Bar , Carlton Bangkok , Okura Prestige Bangkok , Michelin Starred Elements , Artisan Bread , Park Ventures Ecoplex , Okura Prestige , Singha Complex , New Phetchaburi , Chef Erwin Bistro , Erwin Bistro , பிரான்ஸ் ஜநரல் , சியாங் மை ,