SHR adding six hotels in portfolio boost
published : 16 Dec 2020 at 04:00
2 An aerial view of SAii Lagoon Maldives. Hotels in Maldives outperformed all properties and are fully booked for Christmas and New Year.
S Hotels & Resorts (SHR), a hospitality arm of SET-listed Singha Estate, plans to add six more hotels in Thailand under a new brand called Nãbor next year to double its portfolio to 82 hotels with 9,000 rooms by 2025.
Dirk De Cuyper, chief hospitality officer of SHR, said in the next five years the company will invest in existing assets and use an asset light model for properties that are ready to grow and conversible.