Tune Hotels has opened it first hotel in
Thailand's capital city, Bangkok.
Owned and operated under a franchise
agreement by Red Planet Hotels, the 130-room Tune Hotel Asoke,
Bangkok in Sukhumvit Soi 14, is a short walk to the Asoke BTS
Skytrain station and Sukhumvit MRT underground train network,
which provides easy access to all key shopping, financial and
entertainment areas and attractions in the city.
Through a recent investment to
acquire a 16.05% stake in the Tune brand, Red Planet is now the
third largest shareholder in Tune Hotels with ownership interests
in 17 hotels located across Thailand, the Philippines, Indonesia, Malaysia and the United Kingdom as of today. Red Planet also has a
funded pipeline for 20 hotels currently under construction.
Red Planet Hotel's
Chief Executive Officer, Tim Hansing said 2012 was a "milestone" year in Red Planet's
development. "It has been quite busy!" he said. "By December, Red
Planet Hotels will have achieved gaining ownership interests in 20
operating hotels in just 12 months. With our owned and
operated assets alongside the existing Tune portfolio we have
invested in, our expansion into this sector during 2012 sets us up
to grow further next year and maintain our strategy of sustained
development and investment in one of the world's growing brands."
The Tune Hotel Asoke,
Bangkok will be the first of many more in Thailand's capital and
is the third in the country after Hat Yai and Pattaya.
resort island of Phuket will also welcome its first Tune hotel in
December when a 150-room property opens in the entertainment
precinct along Patong Beach.
Tune Hotel Liverpool
Street London Double Room with Window - HD Video