A Singapore-based design and architecture company plans to open a new hotel in Chiang Mai, Thailand, in October. The group has invested around US$8.5 million on its first foray into the space in Thailand.
The Manor Group is already involved in a range of businesses, including restaurants and an architectural firm. The new boutique hotels will include 30 large high-end suites and be located in Nimmanhaemin Road, at the heart of the city’s art scene.
“Chiang Mai has too many three-star hotels, so we went all the way to do an all-suite five-star hotel, with a courtyard-within-room concept, very generously sized suites and a minimal, contemporary and decidedly urban feel, as that is what the market here was lacking,” John Lim, founder and CEO at the Manor Group told The Nation, a Thai newspaper. “There is an extreme shortage of high-end hotels there.”
Akaryn Hotel Group, a Thai hospitality firm, will manage the hotel for a decade under the Akyra brand.
Akaryn owns and operates resorts in Phuket, Phang-nga and Hua Hin-Pranbury and the Akyra Chura Samui Resort. The company plans to launch a resort in Cambodia next year.