/ Posted on 25 February, 2021 14:55
Thai hotel developer Erawan Group is set to expand its portfolio in Thailand and overseas, with the aim of becoming the leading budget hotel operator in Asia-Pacific by 2025.
As part of a five-year plan (2021-25), the group targets to raise the number of its Hop Inn hotels in Thailand to 100 from the current 46, which will bring the total room count from 3,600 to more than 7,200.
Erawan Group plans to double the number of Hop Inn hotels in Thailand within the next five years
At the same time, the group has finalised deals to double its portfolio in the Philippines from five to 10 hotels, adding 937 rooms to the existing 843. The new properties will be situated in Cebu, Ortigas, Davao, Iloilo and North EDSA. An additional five new projects are underway.