Tune Hotels in franchise tie-up with Thai firm


BANGKOK: AirAsia Bhd affiliate Tune Hotels.com has entered into a strategic partnership with Thailand-listed Evolution Capital pcl to franchise the roll-out of 44 hotels in Thailand, China, Bangladesh, the Philippines and Indonesia.

In a statement yesterday, Tune Hotels.com said the first 24 hotels were targeted to be in development by early next year and operational by 2012, with staggered roll-out of the subsequent 20 hotels to be completed by 2013.

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