Hilton announces the signing of a management agreement for its largest hotel in Bangkok yet. Together with real estate company, AP Prime Property Company Ltd., Hilton will convert the former Grand Ayudhaya Hotel into a 608-room hotel under the company’s flagship brand, with a target to open it as Hilton Bangkok Ratchada in 2022.
Hilton Bangkok Ratchada will be the company's third hotel to operate under the Hilton Hotels & Resorts brand in Bangkok, joining sister hotels Millennium Hilton Bangkok and Hilton Sukhumvit Bangkok.
“Bangkok is a key regional business hub and has long been an established destination for leisure travelers, as well as a venue of choice for meetings and events. Combined with the government’s direction for the Ratchadapisek area to be the next business and financial district in Bangkok, the upcoming Hilton Bangkok Ratchada will be in one of the most coveted addresses for businesses inBangkok when it opens,” said Guy Phillips, senior vice president, development, Asia & Australasia, Hilton.
“Having been in the real estate business for a long time, we have worked with a number of management companies and are mindful of what we look for in a partner. Signing this agreement with Hilton is testament of the confidence we have in their management experience and track record, and we look forward to working with Hilton to create an outstanding hotel that will exceed the expectations of our guests,” said Dr. Apichai Taechaubol, President, AP Prime Property Co., Ltd.
In Thailand, Hilton currently operates 11 properties across four key brands – Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts and DoubleTree by Hilton. Over the next three to five years, the company is targeting to open six hotels in its pipeline, including the first hotel under its lifestyle brand, Canopy by Hilton, which is set to open in Bangkok in 2022.