Meliá Hotels International is on track to rapidly expand their Asia Pacific portfolio, with a distinct growth strategy that focuses on management agreements rather than acquisitions. With already 23 new hotels signed in the first three quarters of the year, the international hotel company is targeting another 30 new signings in the final quarter of 2017. The company has announced five new hotels that they have recently signed, which include the Meliá Xueye Lake, Meliá Chiang Mai, INNSIDE Bangkok Sukhumvit, Meliá Ba Vi Mountain Retreat and Meliá Bukit Tinggi. In China, the 120-key Meliá Xueye Lake will reside on Lake Xueye, which is surrounded by Ji’nan, Zibo, Tai’an and Laiwu. In Thailand, the 325-key Meliá Chiang Mai, scheduled to open in 2019, will represent the company’s first hotel in the Chiang Mai region. In addition, INNSIDE Bangkok Sukhumvit, slated to open in 2021, will be the company’s second property in Thailand’s capital. In Vietnam, the 100-key Meliá Ba Vi Mountain Retreat, with an expected opening in 2018, will sit in Ba Vi National Park, west of Hanoi. The final property, slated to open in 2022, is the 219-key Meliá Bukit Tinggi in Malaysia, situated close to near Kuala Lumpur International Airport.
HVS APAC HOSPITALITY NEWSLETTER.