StayWell Hospitality Group (SWHG) are continuing their plans for further global growth with today’s announcement of a management agreement with Singh Group of Companies (SGC) to open Thailand’s first hotel, the Park Regis Pranburi.
StayWell Hospitality Group CEO Mr Simon Wan said that the news of the opening of another Asian-based Park Regis hotel is an exciting yet equally strategic move for the group and closely follows the newly formed partnership agreement with Bangkok-based HMS Co Ltd in November 2016.
“We are firmly focused on establishing and strengthening our relationships within the ASEAN region. Thailand, in particular is bursting with optimum growth opportunities for StayWell and we are well-aware that our quality partnerships with SGC Buildcon and HMS Co Ltd are the key to establishing a credible presence within the region,” said Mr Wan
The owner of Park Regis Pranburi Mr Anil Kumar Singh and his wife Mrs Malta Singh, of Singh Group of Companies (SGC) Buildcon said that the partnership with SWHG is an exciting step in differentiation for the company.
“Once built, Park Regis Pranburi will be the first hotel within the SGC Buildcon portfolio. This leap into hotel development and with who we partner to bring this product to market, came with careful consideration,” said Mr Singh.
“We could not be happier with our decision to partner with the globally-focused StayWell Hospitality Group and to open and operate our hotel under the first Park Regis brand in the region,” he said.
Park Regis Pranburi is located in Thailand’s North Pranburi area; a province known for its beaches, national parks and relaxed atmosphere.
The brand new hotel will be the first high-end property of its kind in the area, boasting a premium waterside location with more than 100 metres of private beach.
Featuring 136 guest rooms, a spa, swimming pool, gymnasium, wedding hall, and conference centre, Park Regis Pranburi will be targeted towards the top-level market from Southeast and South Asia, as well as travellers looking to avoid the southernmost tourist destinations in Thailand.
Development of the 17,600 sq. metre block into the Park Regis Pranburi will commence in early 2017, with the hotel due for completion in the second half of 2019.
StayWell Hospitality Group has a defined strategy to grow its portfolio to a network of more than 100 hotels across Australia, Southeast Asia, India, China and Europe in the next three years.