Asset World Corporation (AWC) announces strategic partnership with IHG® (Intercontinental Hotels Group), for the development of more than 1,200 rooms in Thailand

14 January 2020


Mrs. Wallapa Traisorat, (2nd from left) CEO and President of Asset World Corp Public Company Limited (AWC),Thailand’s leading integrated lifestyle real-estate group, is gearing up to build a better future in the new decade with the announcement of a Framework Agreement with Mr. Rajit Sukumaran, (2nd from right)  Chief Development Officer, Europe, Middle East, Asia & Africa IHG®(InterContinental Hotels Group), one of the world’s leading hotel companies. The partnership involves the development of hotels from both conversion and new developments totaling more than 1,200 rooms across various key tourism destinations in Thailand to be managed by IHG. The project will start with the Hotel Management Agreement for InterContinental Chiang Mai Mae Ping Hotel, Thailand’s first living museum hotel concept where every facet is enriched with history and the spirit of authentic Lanna heritage and culture. The hotel is positioned to accommodate the thriving MICE industry in Chiang Mai and Thailand. Joining the signing ceremony were Mr. Stephan Vanden Auweele (1st from left), Chief Hospitality Group Officer of Asset World Corporation, and Ms. Serena Lim (1st from right) Vice President, Hotel Development for South, East Asia & Korea of IHG®. The ceremony was held recently at Sathorn Room, Empire Tower.