Maverick Central is sticking to Thailand

Article Abstract:

Thai hotel chain Central Group of Hotels does not see overseas expansion as one of its priorities. It is focusing on strengthening its presence within Thailand and neighbouring countries, especially Myanmar and Vietnam. It believes that there will be good opportunities from the tourist industry in Myanmar, and plans to open its Central Floating Hotel in Yangon, Myanmar, in May 1995.

Management, Central Group of Hotels

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Room glut is good news for agents and clients

Article Abstract:

Bangkok, Thailand, had 44,000 hotel rooms at the beginning of 1995, and this is set to rise by 10,000 by the end of the year. The over-supply is bringing benefits for business travellers and for travel agents, who can negotiate for rooms at the highest quality hotels at attractive rates. New hotels include the Pan Pacific Hotel Bangkok, which has 235 rooms.

Thailand, Buildings and facilities, Bangkok, Thailand (City)

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Sol Melia is on the rise and rules out recession

Article Abstract:

Sol Melia will expand throughout the main capital European cities through 2002. Spain's Sol Melia is the third largest European hotel chain with 245 properties in 25 countries on four continents. The company is acquiring properties, building and updating properties throughout the world. Croatia is one area that Sol Melia recently entered.

Acquisitions & mergers, New Products/Services, Spain, Hotels and motels, Hotel Management, Growth, Hotel management companies, Sol Melia Hotels

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