Dusit Fudu Hotels and Resorts

Dusit Fudu Hotels & Resorts, the Chinese joint venture hotel management company between leading Asian hospitality group Dusit International and local partners Changzhou Qiao Yu Group, has announced the signing of 15 hotel management agreements in its first year of operation. In addition, there are more than 12 developments under negotiation in Shanghai, Hangzhou, Fuzhou, Xiamen, Changsha, Zaozhuang, Chengdu and Guiyang.

China is a market with abundant opportunities, with domestic tourism a key driver of growth. In 2013, number of domestic tourists stood at 3.25 billion with revenues of RMB2.54 trillion. It is estimated that the number of domestic tourists in 2014 will reach 3.58 billion, representing a 12 per cent increase year-on-year and generate revenues of RMB2.85 trillion.

Hotels included as part of the joint venture include Dusit Devarana Hot Springs & Spa Conghua, Guangzhou (set to open in 2014), Dusit Devarana Dianchi Lake, Kunming (2016) and Dusit Devarana Fuxian Lake, Yunnan (2017).

"Dusit Fudu is on track to have 50 hotels within the next five years under its belt, despite being a newcomer in a competitive marketplace," noted Lim Boon Kwee, president, Dusit Fudu Hotels & Resorts.

"We are pleased to bring four distinct hotel brands to China: Dusit Devarana, Dusit Thani, dusitD2 and Dusit Princess, as well as our signature Devarana Spa."

Dusit Devarana is a significant niche offering, providing an intimate, high-end sanctuary experience for the discerning traveller.

Dusit Thani is a deluxe upscale brand rooted in the traditional, gracious hospitality of Thai culture.

The full service upscale dusitD2 brand offers a combination of chic design, technology, convenience and efficient service for the 'next generation' traveller, while Dusit Princess is a mid-scale brand that provides great service in key gateway locations for mainly business guests.

With over 65 years' experience in the hotel and hospitality field, Dusit serves as a trusted symbol of Thai values.

Guests experience the genuine warmth, respectfulness and commitment of the associates with each stay and in each moment, regardless where the hotel may be located.

About Dusit Hotels and Resorts

Dusit Hotels and Resorts is the hotel arm of Dusit International, one of Thailand's leading hotel and property development companies. With a heartfelt belief and commitment to introducing Thai-inspired gracious hospitality to the world, Dusit Hotels and Resorts offers guests a uniquely special stay in high-style surroundings and a personalised approach to service. The group's portfolio of hotels, resorts and luxury villas includes more than 300 properties operating under a total of eight brands (Devarana – Dusit Retreats, Dusit Thani, Dusit Suites, Dusit Collection, dusitD2, Dusit Princess, ASAI Hotels, and Elite Havens) across 18 countries worldwide.

For more information, please visit dusit.com

About Dusit International

Established in 1948, Dusit International or Dusit Thani Public Company Limited (DUSIT) is a leading hospitality group listed on the Stock Exchange of Thailand. Its operations comprise five distinct yet complementary business units: Dusit Hotels and Resorts, Dusit Hospitality Education, Dusit Foods, Dusit Estate, and Hospitality-Related Services.

Dusit International's diversified investments in real estate development, hospitality-related services, and the food sector are part of its long-term strategy for sustainable growth, which focuses on three key areas: balance, expansion and diversification.

For more information, please visit dusit-international.com