Thailand is a major destination in the region for both business and leisure travellers, according to Mark van Ogtrop, Golden Tulip Southeast Asia's managing director.
The expansion to Thailand is part of the company's plan to spend about 25 billion baht in Southeast Asia over the next four years. In that time, it hopes to develop 20 hotels in Thailand. Of those, 60% will be the three-star Tulip Inn, 35% the four-star Golden Tulip and 5% the five-star Royal Tulip.
There are four confirmed projects in the initial stage, including two Tulip Inn hotels in Bangkok at Sukhumvit Soi 4 and another one in Chao Phraya Riverside, one Golden Tulip Resort in Samui and a Tulip Inn Patong in Phuket.
