IHG and AWC extend long-term strategic partnership with second Kimpton signing

From left to right - Dr. Paitoon Wongsasutthikul, Chief Investment Officer, Asset World Corp Public Company Limited, Mr. Matthew John Knights, Chief Hospitality Group Officer, Asset World Corp Public Company Limited, Patrick Finn, Vice President, Development, SEAK, IHG Hotels & Resorts, Saowarin Chanprakaisi, Director, Development, SEAK, IHG Hotels & Resorts. — Photo by IHG

New-build Kimpton Pattaya grows successful collaboration to 1,250 rooms across six properties and three brands.

IHG Hotels & Resorts, one of the world's leading hospitality companies, is proud to announce Kimpton Pattaya, as an exciting extension of its long-standing partnership with Asset World Corp Public Company Limited or AWC in Thailand.

The agreement is another major milestone in the relationship between IHG and AWC - renowned as being the Kingdom's leading integrated lifestyle real estate group, with a stellar track record in market-leading tourist destinations. This will be their second collaboration for a Kimpton Hotels & Restaurants property in the country.

The strategic partnership between IHG and AWC already includes five outstanding properties: the highly-anticipated 302-room InterContinental Chiang Mai Mae Ping which will open this year: two hotels in Bangkok's Chinatown - the 332-room InterContinental Bangkok Chinatown and 63-room Vignette Collection Bangkok Chinatown; the 234-room Vignette Collection Pattaya; and 124-room Kimpton Hua Hin.

Pattaya has been identified as a leisure and economic growth district in Thailand, with upcoming infrastructure projects designed to connect it to the country's international airports via a high-speed train, thereby cementing its position as an Eastern Economic Corridor hub. With strong and consistent travel demand predicted, domestic and international tourist arrivals in Pattaya are set to rise from 18 million in 2019 to 25 million in the next five years.

Opening in early 2028, the new-build Kimpton Pattaya will be located in central Pattaya, as part of the Aquatique, a concept devised by AWC which will be a first-of-its-kind in Pattaya as an ultimate all-in-one seaside destination, accentuating the Company's leadership in innovative real estate and paving a new chapter in Pattaya's reputation as a premier lifestyle and tourism hub in Thailand. The project will be the centre of fun and happiness in central Pattaya, offering the most variety of attractions in one place and comprise a diversified array of exciting commercial spaces including a shopping mall, hotels, a theme park, performance art space, and F&B seafood market, located just steps from Pattaya's beach.

Just 30 minutes' drive to U-Tapao Rayong Pattaya International Airport and 60 minutes from Suvarnabhumi International Airport, the 193-rooms-and-suites property will be inspired by, and immersed in, elements of nature.

Kimpton Pattaya will be located within walking distance of Central Pattaya Beach and Central Festival Pattaya, and just 10 minutes' drive from the famed Walking Street. Facilities include four restaurants and bars, 630-square metres of meeting space, including a cooking studio with dedicated stations, a health and fitness centre, spa and pool with easy links to a community mall.

Thailand continues to be a strong growth market for IHG. The signing of Kimpton Pattaya is the latest milestone in the company's desire to grow its Luxury & Lifestyle portfolio in the country by 50%, and double its estate across all of its brands, by 2026.

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