Dusit's China Expansion Underway with Dusit Fudu Hotels and Resorts
Thailand-based hospitality group Dusit International and China-based real estate developer Changzhou Qiao Yu Group announce the establishment of Dusit Fudu Hotels and Resorts, the joint venture hotel management company that will spearhead Dusit International's continued expansion in China. Its major shareholders include Dusit International, Changzhou Qiao Yu Group and noted hospitality veteran Mr Giovanni Angelini, former CEO of Shangri-La Hotels and Resorts.
event signifies an important milestone in Dusit International's long-term expansion plans.
"Dusit Fudu Hotels and Resorts will develop the Dusit Thani, dusitD2, Dusit Devaranaand Dusit Princess brands throughout China," says Mr Chen Li Bin, Chairman of Dusit Fudu Hotels and Resorts. "We look forward to a very successful future with this newly formed management company."
The company expects to operate at least 30 properties in China within the next threeyears, focussing on mid-tier to deluxe projects in Changzhou, Qingdao, Qingyuan, Lingshui, Shenyang, Kunming, Chengdu, Chongqing, Shanghai, Xiamen, Fuzhou, Suzhou and Shaoxing.
The first of these hotels, dusitD2 Fudu Binhu HotelChangzhou, hosted its soft opening on 23rd July 2013. Nicknamed 'the diamond' due to its impressive gem-like structure, the hotel is conveniently located in the Wujin Hi-Tech Industrial Zone of Changzhou, Jiangsu Province and offers guests floor-to-ceiling views over the adjacent West Taihu Lake.
"China is a market with abundant opportunities," says Mr Chanin Donavanik, BoardDirector of Dusit Fudu Hotels and Resorts and CEO of Dusit International. "I believe a South-East Asian chain can do very well here, offering a different approach to hospitality."
China is now Thailand's largest feeder market with 1.1 million visitors to Thailand in Q12013, a 100% increase Y-o-Y. Additionally, Chinese travellers spent a record US$102 billion on international tourism in 2012, a 40% rise from US$73 billion in 2011.
"China is the world's largest source market for international tourism, as well as one ofthe biggest travel destinations," adds President of Dusit Fudu Hotels and Resorts, Mr Lim Boon Kwee. "China is set to become the biggest hotel market--therefore we need to be here."
About Dusit International
Dusit International was founded in 1948 by Honorary Chairperson Thanpuying Chanut Piyaoui, whose ﬁrst hotel was the Princess on Bangkok's New Road. Today the company is a leader in hotel management, franchising and education and comprises a unique international portfolio of distinctive hotels and resorts operating under four brands: Dusit Thani, dusitD2, Dusit Princess and Dusit Devarana. The company currently operates 29 properties worldwide and has over 50 confirmed projects in the pipeline in key destinations such as Australia, Bhutan, China, Indonesia, Kenya, Myanmar, Oman, Philippines, Qatar, Saudi Arabia, Singapore, Thailand, Turkey, and UAE. Dusit International also operates the signature Devarana Spa and has a fast-growing Education Division. The latter, established in 1993, comprises Dusit Thani College, which offers vocational and postgraduate hospitality degrees at campuses in Bangkok and Pattaya; Le Cordon Bleu Dusit Culinary School; and the recently opened Dusit Thani Hotel School, which is Thailand"s first hospitality school based on the ASEAN Common Competency Standards for Tourism Professionals. In 2018 Dusit will open the pioneering Dusit Hospitality Management College, a unique fully integrated hospitality school and hotel in Manila, Philippines. For more information, please visit www.dusit.com.