(14/03/23) Onyx Hospitality has confirmed that it is on track to
achieve its goal of operating 54 properties by 2025.
The Thailand-based company currently operates 44
properties, with an additional 11 under development, in
Bangladesh, China, Hong Kong SAR, Japan, Laos, Malaysia, Maldives,
Sri Lanka and Thailand.
The group’s portfolio consists of three core brands: Amari
hotels, Ozo hotels and Shama serviced apartments, of which 18% are
invested by the group and 82% under management contracts.
Hospitality’s properties, both owned and managed, are
expected to generate US$260 million (approximately THB 8.8 billion) in revenue
in 2023, signifying a 60% increase on the previous year.
Private event space at the Amari Watergate Bangkok. Picture by Steven Howard of TravelNewsAsia.com
This optimism stems from the number of advance
bookings from markets, including Europe. German bookings are up
33% on Q1 2023 compared to the same period in 2019. Overall,
European bookings are up 44%.
New Hotels and
investing and developing its existing portfolio of properties to
ensure they remain competitive and attractive to guests. Following the
investment to redevelop the iconic Amari Pattaya and OZO North
Amari Watergate in Bangkok has also completed its own
recent refurbishment, investing US$32 million.
Samui’s favourite Italian restaurant
Prego has also made its debut at Amari Watergate Bangkok and Amari
Pattaya, welcoming guests with authentic Italian cuisine honed
by Chef Marco Boscaini.
Malaysia is set to become the first country to operate all three
Onyx brands, outside of Thailand. Onyx currently operates
Amari Johor Bahru and OZO Georgetown Penang, as well as the newly
opened Amari Spice Penang and Amari Kuala Lumpur. The strategic
expansion in Malaysia is set to continue with OZO Medini Iskandar
(Q3 2023) and Shama Medini Iskandar (2024).
The Shama serviced apartment brand is also reinforcing its position in Bangkok’s
thriving short and extended-stay market. Shama Yen-Akat opened
earlier this year, and in October, Shama Petchburi 47 (formerly
Amari Residences Bangkok) and Shama Ekamai Bangkok (Formerly
Ekamai Gardens Bangkok) joined the current Shama portfolio,
bringing the total number of Shama’s in the city to six. This
month, the brand will also be introducing Shama Luxe Sukhumvit
Bangkok (formerly Shama Sukhumvit 39), the first Shama Luxe in
Bangkok located in the city’s upscale Thonglor neighbourhood with
premium apartments ranging from 1-bedroom to the luxurious and
The opening of Amari Raaya
Maldives is slated for early summer 2023. The 187-villa private
island resort will occupy a secluded island in the Raa Atoll,
northwest of the Maldivian capital of Male. The resort
will feature seven dining concepts, a Maai Spa, and a kids club.
Amari Raaya Maldives will be Onyx’s second property in the
The Amari Colombo Sri Lanka is scheduled to
welcome its first guests in 2024. Upon completion, the 24-storey property will offer 180 rooms
and suites along with a signature all-day dining restaurant and spa.
Other highlights include a rooftop pool, bar and recreation centre
and a Thai specialty restaurant, all offering views
of the ocean and the city skyline. The hotel will also offer
dedicated executive floors with access to an executive lounge.
“After an unprecedented and challenging
period for travel, we are so pleased to see our international
visitors return in abundance,” said Yuthachai Charanchitta, Owner
and CEO of Onyx Hospitality Group. “With new properties to showcase and
refreshed product and services across our much-loved hotels and
resorts, we look forward to welcoming guests again to Onyx
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