Dusit Labels 2013 as “Year of Expansion”

Dusit International has said that 2013 will be its “Year of Expansion”.

The company has upwards of 7 properties scheduled to open over the next 12 months and a further 16 projects in the development pipeline.

Dusit International has already made waves with a number of announcements over the last two months, starting with the management agreement for dusitD2 nairobi.

The company quickly followed this news with the announcement of a joint venture agreement in China, which will see a minimum of 10 properties developed over the next five years. The joint venture agreement resulted in the creation of the Dusit Fudu Hotel Management Company, Ltd., a partnership between Dusit International and local partner, Changzhou Qiao Yu Group. Cities to be targeted for development by this agreement include Shanghai, Kunming, Chengdu, Chongqing and Hainan. By 2020, over 5,000 hotel rooms will come under the Dusit brand name.

In Thailand, the company has signed a dusitD2 hotel in Khao Yai, scheduled to open in Q4 2014, while the Dusit Thani Abu Dhabi is scheduled to open in Q2 2013.

The company also has projects in Dubai, Doha and Jeddah, among others.

“This is an important year for the company's future,” said Managing Director and CEO, Mr Chanin Donavanik. “Five years from now, Dusit will own and manage more than 50 hotels in popular destinations across three or four continents, and our brand recognition will grow and be stronger as well. I believe Thais are naturally very strong in the hospitality business, and our aim is to be able to export this by continuing to launch quality hotels under the Dusit brand.”