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Centara's expansion accelerates in 2021


BANGKOK, 9 February 2021: Centara Hotels & Resorts, Thailand’s leading hotel operator, embarks on an international expansion strategy in 2021 that will include the opening of new properties and brands across the Asia Pacific and the Middle East.
Centara will add another eight hotels and resorts to its
portfolio across seven countries this year, including the world’s first Centara
Reserve, a luxurious new collection of elegant hotels and resorts, and two more
Centara Mirage themed resorts.
“Centara remains confident in the underlying strength of the
tourism and hospitality industries. 2021 will be an exciting year for our
company as we introduce eight new hotels in seven countries, including our ....

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Centara pins hopes on vaccine


Centara pins hopes on vaccine
published :
5 Feb 2021 at 04:00
5
The 607-room Centara Mirage Beach Resort Dubai, located in the Deira Islands, is set to open in the third quarter this year.
Centara is anticipating earning 55-60% of revenue tallied in 2019 this year despite the new outbreak, pinning its hopes on vaccinations.
Thirayuth Chirathivat, chief executive of Centara Hotels and Resorts, said the company is maintaining its revenue plan this year as the fresh wave temporarily affected business in the first quarter, but demand is expected to return for Songkran.
The company reported 8.5 billion baht in revenue in 2019.
If mass vaccinations during the final quarter this year prove successful, revenue will bounce back to 80% of 2019 s level next year and escalate to the pre-outbreak level in 2023. ....

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