Onyx Hospitality has signed a management agreement with Ratanakorn Asset, a Thai real estate company, for three new hotels in Pattaya.
The hotels will represent all three of Onyx Hospitality’s core brands – Amari, Shama, and OZO – adding 773 rooms and suites to the company’s expanding portfolio.
The planned new-build hotels include a 400-key Amari Jomtien Pattaya, a 250-key Shama Wongamat Pattaya, and a 123-key OZO Pratumnak Pattaya.
Onyx Hospitality has signed a management agreement with Ratanakorn Asset, a Thai real estate company, for three new hotels in Pattaya. The hotels will represent all three of Onyx Hospitality’s core brands – Amari, Shama, and OZO – adding 773 rooms and suites to the company’s expanding portfolio.
Amari Jomtien Pattaya will occupy a mixed-use beachfront site in Na Jomtien towards the south of Pattaya city, with direct access to a community retail mall. Located in a 30-storey tower with contemporary Thai-inspired design, this hotel will offer all the signatures of Amari including the market-inspired Amaya Food Gallery and a Breeze Spa with treatments featuring iconic local botanicals. Other facilities include a specialty restaurant, executive floor and lounge, and beach club. Scheduled to open in 2024, the hotel will also offer extensive events and meetings facilities, including a ballroom for up to 1,000 people cocktail-style supported by a variety of smaller function rooms.
Shama Wongamat Pattaya, located in North Pattaya, will feature 250 residential-style units in studio, one-bedroom, and two-bedroom apartment configurations. The property will feature an all-day dining restaurant complemented by a guest lounge, pool, garden, and gym. Shama Wongamat Pattaya is scheduled to open in 2025.
OZO Pratumnak Hill will open in 2022 as a 123-room hotel designed to offer a lively ambiance in the public areas, and peace and quiet upstairs.
Douglas Martell, President, and Chief Executive Officer, Onyx Hospitality Group, said,
“Pattaya is the birthplace of the Onyx Hospitality Group growth story, and where our first hotel was launched close to half a century ago. It is with great excitement that we expand our reach in this key Thai destination, with all three of our core brands being represented in this partnership with Ratanakorn Asset. As Thailand’s east coast evolves to become the leading destination for both international and domestic travel with planned road, rail, and air infrastructure enhancements and investment in the Eastern Economic Corridor initiatives, we look forward to being one of the prominent hospitality players in this growing region.”
Based in Bangkok, Onyx Hospitality has a growing regional portfolio of close to 50 operating properties across three core brands in eight countries. The Group has a robust development pipeline of over 20 new properties in markets such as China, Malaysia, and Laos, and has set a target of having 99 hotels open by 2024.