Outrigger Hospitality Group announced today that it has completed its purchase of the Manathai Hotels and Resorts brand - inclusive of three premier beach resorts in southern Thailand.
The resorts consist of 372 keys in three of the most sought-after beach locations in Asia. Outrigger will refresh the former Manathai Koh Samui, Manathai Khao Lak and Manathai Surin Phuket before rebranding and re-opening by the year-end high season as Outrigger Koh Samui Beach Resort, Outrigger Khao Lak Beach Resort and Phuket Manathai by Outrigger®.
The investment is directly aligned with Outrigger’s strategic business plan to expand its presence in Asia Pacific and beyond, furthering its mission to be "The Premier Beach Resort Brand in the World."
“This acquisition trio demonstrates our confidence in Thailand’s tourism industry and commitment to the global expansion of Outrigger’s leisure resort portfolio,” said Jeff Wagoner (right), president and CEO of Outrigger Hospitality Group. “Our past success in Thailand stemmed from celebrating unique cultural aspects of the destination - which is something that we plan to continue at all three of the new properties.”
The 148-key Outrigger Koh Samui is located on Lamai beach. In Khao Lak, a 75-minute drive north of Phuket airport, the 158-key Outrigger Khao Lak sits on Bang Sak Beach includes 12 suites and villas. And Phuket Manathai by Outrigger® is an elegant 66-room boutique property on the edge of the powder white sands of Surin Beach.
Outrigger Hospitality Group continues to look for expansion opportunities and will have representation at the Americas Lodging Investment Summit (ALIS) in Los Angeles this month and the Hotel Investment Conference Asia Pacific (HICAP) in Singapore this October.