TRAVEL & TOURISM
Central Plaza Hotel Plc (CENTEL) is set to launch a budget hotel brand by the end of next month, a move aimed at accommodating growth under the Asean Economic Community (AEC) from 2015.
The SET-listed operator of Centara Hotels & Resorts plans to operate at least 20 budget hotels in 2016.
Ronnachit Mahattanapreut, the senior vice-president for finance and administration at Centel, said vibrant low-cost airlines and the single economic community of the AEC will be factors boosting tourism in the region.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.