IHG Looks To The East Of Thailand, Signs For Eight New Properties In A Single Deal

The Thai Eastern Seaboard was seen as a major industrial zone a couple of years ago, but is now emerging as a much-touted business, investment and tourism region, thanks to the drive by the Thai government to promote the Eastern Economic Corridor (EEC) to connect with China’s One Belt, One Road initiative. Acknowledging the environment in the eastern provinces of the Kingdom, the InterContinental Hotel Group, responsible for the holiday inn suites in Rayong and across the world, signed a deal with the Pattaya-based real estate group, Ratanakorn Asset, for…

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