Thailand's AWC targets luxury and long stays in tourism recovery


Wallapa Traisorat, CEO of Asset World Corp Pcl speaks during an interview with Reuters at a hotel in Bangkok, Thailand, on November 22, 2021. - Reuters

BANGKOK, Nov 22 (Reuters): Thailand's Asset World Corporation Pcl (AWC) said on Monday it expects luxury travel to be one of the first sectors to recover as the country's tourism sector revives, confirming plans to double its number of hotel rooms to 10,000 by 2026.

AWC would also continue its five-year investment plan of 100 billion baht (US$3.04 billion), Chief Executive Wallapa Traisorat said in an interview, while noting some smaller projects had been pushed back.

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Thailand , AWC , Tourism

   

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