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10 Ibis hotels planned for Thailand

Hotel Booking Accor and Thailand's Erawan Group PLC have signed a memorandum of understanding to develop a network of up to 10 Ibis economy hotels in six major destinations including Bangkok, Pattaya, Phuket, Koh Samui, Chiang Mai and Krabi.

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Travel Agency As per the agreement 6 Ibis hotels will be opened by 2008 and up to a further 4 hotels by 2010. Each property will have around 200-250 rooms and will cost between US$7.8 to US$10.4 million.

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Cheap Hotel The move is intended to tap a forecasted surge in budget and business travel to Thailand. Accor already has 23 hotels in Thailand, with 13 more scheduled for opening in the next two years (not including the new Erawan alliance hotels).

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Flight Booking Mr Kasama Punyagupta, Chief Executive Officer of Erawan, said: 'The economy segment in Thailand represents a large and untapped market for international brands. Accor is the ideal partner to develop this market with us - and Ibis the appropriate brand.

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Travel Agent "Standard quality, simplicity and value-for-money will be the main characteristics of the new properties. The starting rate will be less than US$30 per night.' According to Accor Asia Pacific Managing Director Michael Issenberg, This announcement comes at a time when Ibis is experiencing its fastest-ever expansion in the Asia Pacific region. "We launched Ibis in Bangkok earlier this year, the brand is rapidly expanding in Korea and Indonesia. In China we will open our third hotel, Ibis Qingdao, next month with plans for 10 a year by 2007, and in India there are plans for a network of over 20 Ibis hotels around the country". Mr Issenberg, said.

The dedicated event hotels, the Ibis and Novotel at Royal Victoria Dock are already Very Busy on the nights of the 24th and 25th of October (24th especially) Although we have a large number of rooms on hold, contracted to us at both hotels, we expect these to Sell Out well before the event! If you try to ring the IBIS or use the website to book you will be told the hotel is Fully Booked! Therefore you must complete and fax back the booking forms available on the a4uexpo website or email your request.

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