Hotel Okura Co., Ltd., the leading global Japanese hotel operator, is pleased to announce the conclusion of a new management agreement with Asset World Corporation (AWC), Thailand’s leading integrated lifestyle real estate group. Signed on December 19, 2024, the agreement paves the way for two new hotels – Okura Resort Chiang Mai in the historic city of Chiang Mai, and The Okura Prestige Sukhumvit Bangkok Hotel and Spa in Bangkok’s trendy Thonglor district. Both properties are slated to open in 2028, expanding Hotel Okura’s Thai offering to seven hotels and adding over 400 rooms to Okura Nikko Hotels’ portfolio in the country.
