Marriott International Inc. has signed an agreement with Asset World Corp Plc. (AWC) to add four new landmark properties under three brands across Bangkok and Pattaya, Thailand.
The milestone multi-property agreement features a Ritz-Carlton Reserve, Thailand’s first JW Marriott Marquis hotel in Bangkok and two Autograph Collection hotels, set to debut the Autograph Collection brand in the country. It is expected to add 1,638 rooms to the country’s inventory by 2027.
“We are pleased to strengthen our longstanding relationship with Asset World Corporation in this landmark signing,” said Craig S. Smith, group president, Asia Pacific, Marriott International. “This agreement is a testament to the confidence owners and franchisees such as AWC have in Marriott International. We are excited to play a role in AWC’s vision of expanding its diverse portfolio of hospitality and lifestyle projects in Thailand.”
“We are delighted to announce another remarkable expansion of our robust collaboration with Marriott International. the new multi-property agreement will break ground through entirely new concepts, introducing uniquely crafted hospitality experiences and strengthening both parties’ role in elevating the Thai tourism ecosystem,” said Wallapa Traisorat, CEO and president, Asset World Corporation.
Ritz-Carlton Reserve, Bangkok at Asiatique the Riverfront
This property is targeted to open by 2027 in Bangkok’s revamped Asiatique The Riverfront, a large open-air mall development located on the former docks of the East Asiatic Company and facing the Chao Phraya River. The 124-key hotel is expected to serve as a private, ultra-luxury boutique urban resort. It will showcase the rich culture, history and heritage of Bangkok’s 19th century maritime trade.
JW Marriott Marquis Hotel Asiatique Bangkok
Also expected to open in 2027 in Asiatique The Riverfront, the 1,000-room JW Marriott will feature functional meeting and event spaces and a Spa by JW.
The Asiatique Bangkok, Autography Collection Hotel
Slated to open by 2024, The Asiatique Bangkok, Autography Collection hotel will be the first Autograph Collection-branded hotel in Thailand. Located at Asiatique The Riverfront, the 200-key property will showcase the unique ambiance of 19th-century Thai-Chinese trade with restored furniture to mimic a former shophouse.
Aquatique Pattaya, Autograph Collection Hotel
Scheduled to open by 2024, Aquatique Pattaya, Autograph Collection Hotel will weave together the charm of a Thai fishing village, a steamboat wharf and the underwater world in the resort town at Aquatique The Beachfront Pattaya. Upon opening, the 306-room hotel will be set alongside the Pattaya Marriott Marquis Hotel and JW Marriott The Pattaya Beach Resort & Spa, both still under development.
Marriott International’s portfolio in Thailand consists of 45 hotels and resorts currently in operation, including nine properties with Asset World Corporation.