Newly-formed Pragma Hospitality Co., Ltd has signed a management agreement with the Eco Inn Hotel Group to manage an existing portfolio of 6 hotels.

This signing of the management agreement serves as a significant stepping stone for Pragma Hospitality, allowing the recently-established management company a strong foothold in the hotel management sector.

The Eco Inn Hotel Group consists of six properties strategically located in second tier cities in Thailand to serve the fast-growing number of domestic and foreign travelers wishing to experience the beauty of the country away from the main tourist hot-spots. Eco Inn Group was founded in 2010 by  Suporn Thammaraks and a group of close friends who saw the need for simple, economical hotels all around the country to support domestic tourism and make hotel stays affordable for everyone. The hotels are in Trang, Nakhon Sri Thammarat, Chantaburi, Ubon Ratchathani, and Mae Sot provinces.

“The signing of the hotel management agreement for Eco Inn Hotel Group is an exciting milestone for our company, which was founded with the idea to disrupt and change the hotel management world,” commented  Alexander Wallace, CEO of Pragma Hospitality.

“As a lean operator with no brand focus, we can concentrate on what matters to the owners: performance and communication. We see the Eco Inn brand as a great model with potential to be scaled, therefore we are working closely with the owner to expand the brand efficiently with the goal to become a major player in Thailand’s budget hotel segment,” he explained further.