Marriott International has signed an agreement with Asset World to add four new properties under brands across Bangkok and Pattaya.
The 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.
"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.”
The hotels include: Ritz-Carlton Reserve, Bangkok at Asiatique the Riverfront, JW Marriott Marquis Hotel Asiatique Bangkok, The Asiatique Bangkok, Autograph Collection hotel and Aquatique Pattaya, Autograph Collection hotel.
"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," added Wallapa Traisorat, CEO & president, Asset World Corporation.
Marriott International's portfolio in Thailand encompasses 45 hotels and resorts currently in operation, including nine properties with Asset World Corporation.