Paul Kanjanapas, managing director of IMPACT Exhibition Management, the operator of IMPACT Muang Thong Thani Exhibition and Convention Centre, said the company planned to build a four-star hotel featuring up to 400 rooms in IMPACT. The hotel will be managed by an international chain.
The company also plans to build a budget hotel, possibly of 80 rooms, in the same area, and an entertainment complex, as well as improving infrastructure, meetings rooms and facilities. It has already built a hotel with 380 rooms worth Bt600 million under management of Novotel. The hotel’s grand opening is set for May. It is expected to bring in revenue of Bt200 million in the first year of operation.
Moreover, it has subbmitted a bid to manage the new Government Complex in Chaeng Wattan. The government will announce the management firm today. The other two rivals are Centara Hotels and Resort and Miracle Grand.
Kanjanapas said the company planned a project development featuring a convetion centre and hotel in Makkasan, with estimated investment value of Bt6 billion. He added that the company invested Bt2 billion in 2010. mostly on new parking areas, a new entrance and lobby, and shops in the centre. Some renovations are continuing through this year.
Moreover, one more indoor parking buiding will be consturcted to accomodate 2,000 cars.
These moves are in keeping with its vision to be ranked among Asia’s top-five exhibition and convention centres in terms of customer satisfaction.
