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Bangkok Post
Bangkok Post
Business

AWC looks to Chiang Mai for expansion

Mrs Wallapa, left, and Ms Somradee. Ms Somradee said Thailand remains a preferred destination as seen from demand from international buyers who wish to join Thailand Travel Mart Plus (TTM+) 2022.

SET-listed Asset World Corp (AWC) is pinning its hopes on a full reopening in the second quarter, focusing on a footprint expansion in Chiang Mai with three hotel projects this year.

Wallapa Traisorat, AWC chief executive and president, said bookings from international guests during the fourth quarter last year in Bangkok and Phuket increased by 1.8 and eight times, respectively, compared to the same period in 2020.

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