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Amari, a Thailand-based hotel chain, mentioned on Wednesday that it will be making investments worth $44.1 million in India by 2010. This decision is a part of the hotel chain’s growth strategy in India.
The group, which currently owns 11 properties in numerous Thailand destinations including Bangkok, Phuket and Pattaya, has plans for operating 40 plus properties in Asia Pacific by 2018.
"The next few years will see many changes both at the brand and property levels, ensuring that we continue to set new standards in modern Asian hospitality," said Amari chief executive Peter Henley.
"Recognising the competitiveness in today's hospitality industry, we realised that to maintain and develop our position we needed to create a long-term plan to take the company forward," he added.
Amari will be making investments worth $2 million across India, Hong Kong and Russia.
