IHG Hotels & Resorts targets to grow its luxury and lifestyle portfolio in Thailand by 50 percent. Photo Credit: IHG Hotels & Resorts
IHG Hotels & Resorts announces the signing of Kimpton Hua Hin
Resort in collaboration with partner Asset World Corporation (AWC),
Thailand’s leading integrated lifestyle real-estate group.
Opening in 2024, the 124-room resort is part of IHG’s luxury and
lifestyle portfolio, and represents a brand that has gained popularity
since its debut in Bangkok in 2020. It is the fourth Kimpton hotel to be
signed in Thailand, following Kimpton Maa-Lai Bangkok, Kimpton Kitalay
Samui and Kimpton Khao Yai.
The agreement is part of a long-term strategic partnership between
IHG and AWC to jointly manage a portfolio of properties across Thailand
featuring more than 1,200 rooms. It includes the highly anticipated
302-room InterContinental Chiang Mai Mae Ping, which will open this
year.
The announcement follows last year’s triple signing which included
two hotels in Bangkok’s Chinatown – InterContinental Bangkok Chinatown
and Vignette Collection Bangkok Chinatown, as well as Aquatique Pattaya,
which is also part of IHG’s Vignette Collection.
A full renovation will see Kimpton Hua Hin Resort transformed from
the former Imperial Hua Hin, which closed in May 2019. Located on an
idyllic beachfront, it will offer guests the choice of four restaurants
& bars, a swimming pool, fitness centre, spa and meeting spaces.
“Our recent IHG search data shows Hua Hin in the top 10 searched
destinations in the region for international travellers. We look forward
to Kimpton Hua Hin Resort quickly becoming a great success, and can’t
wait to welcome both domestic and international guests through its doors
in 2024,” says Serena Lim, Vice President, Development, South East Asia
and Korea, IHG.
Thailand continues to be a strong growth market for IHG, and the
signing of Kimpton Hua Hin Resort is the latest move by the company to
grow its luxury and lifestyle portfolio in Thailand by 50 percent, as
well as double its estate across all of its brands, in the country by
2026.
The Kimpton brand’s global expansion continues to move at pace, with
75 open hotels (as of 31 March 2022) and a 38-strong pipeline that will
see it surpass more than 100 properties worldwide. In 2022, the opening
of Kimpton Kitalay Samui in Thailand and Kimpton Margot Sydney in
Australia further added to the brand’s growing presence in prime leisure
destinations with Kimpton Naranta Bali opening soon.