It will open at least two Dusit-branded hotels per year from 2021 onwards in cities such as Mumbai, Delhi and Bengaluru as well as other key leisure destinations throughout the country, a top executive said.
Besides the signing of a new property under a franchise agreement with a local partner in Kolkata, Dusit is in talks with other potential owners and is on course to conclude at least four more signings in the next 12 months, Lim Boon Kwee, chief operating officer at Dusit International, told ET.
Dusit International, which has hotels in markets such as the UAE, China, the US, the Maldives and Egypt besides Thailand, had previously entered India through a joint venture agreement with Bird Group in March 2007. The separation agreement concluded in March 2018.
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1 Comment on this Story
Nathan Ron61 days ago
Are these people truly Thai or a group of Chinese diaspora businessmen based in Thailand???