IHG Signs Deal with AWC for 1,200+ Rooms in Thailand; First Hotel in Chiang Mai

Thu, 16 Jan 2020

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IHG Signs Deal with AWC for 1,200+ Rooms in Thailand; First Hotel in Chiang Mai

InterContinental Hotels Group has signed an agreement with Asset World Corporate (AWC), one of Thailand's leading integrated lifestyle real-estate groups, to manage more than 1,200 rooms across Thailand.

Under the structure of the agreement, hotels in multiple destinations such as Chiang Mai, Bangkok and Hua Hin will be signed within three years.

The first signing is the 306-room InterContinental Chiang Mai Mae Ping Hotel, a rebrand of the Imperial Mae Ping Hotel which opened in 1988 and is currently closed for extensive renovations. The hotel is expected to re-open in 2021 with work continuing until the hotel is fully operational in 2022.

IHG's first signing under the AWC deal is the 306-room InterContinental Chiang Mai Mae Ping Hotel, a rebrand of the Imperial Mae Ping Hotel which opened in 1988 and is currently closed for extensive renovations. Click to enlarge.

Located in downtown Chiang Mai near the famous Chiang Mai Night Bazaar, Tha-Pae Gate, Warorot Market and other tourist attractions, the InterContinental Chiang Mai Mae Ping will have a variety of F&B outlets, over 3,600 sqm of outdoor and indoor convention, event and meeting space, and a Lanna Spa.

There are plans to convert the Teresa Teng Museum into a specialty restaurant and roof top bar, where guests can experience its original set-up, decor and furniture when Teresa Teng last stayed at the hotel over two decades ago.

Serena Lim, Vice President, Development, IHG South East Asia and Korea, said, “With plans to double our portfolio in Thailand in the next 3-5 years, this signing between IHG and AWC is another milestone in realising this ambition. Their reputation as a lifestyle and real-estate group, and long-standing relationship with IHG gives us great confidence of this growth momentum in Thailand.”

Thailand continues to be a strong growth market for IHG with 29 hotels across 6 brands in the portfolio, and another 30 hotels in the pipeline.

See latest Travel News, Interviews, Podcasts and other news regarding: IHG, Thailand, Chiang Mai.

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