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Bangkok Post

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CPN to invest B10bn in 37 hotel projects

CPN Centara Wallaya Chirathivat Thirayuth Chirathivat

From left are Mr Phoom, Ms Wallaya and Mr Thirayuth. Ms Wallaya says hotel revenue should contribute at least 10% of total income within five years. (Photo: Apichart Jinakul)

Central Pattana Plc (CPN) is rolling out 37 hotel projects in 27 provinces worth a combined 10 billion baht to be managed by Centara Hotels and Resorts, aiming to create 3,900 jobs nationwide.

Wallaya Chirathivat, president and chief executive of CPN, said the five-year investment plan for its hotel business ending in 2026 will strengthen its retail-led mixed-use developments as hotels will be a key part of every CPN project from now on.

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