Industry Update
Press Release24 November 2015

Dusit Fudu Signs A New Hotel And Residence In Jiangyin City, Jiangsu Province

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Dusit Fudu Hotels and Resorts

Bangkok -- Dusit Fudu Hotels and Resorts, the Shanghai-based hospitality management arm of Dusit International, is pleased to announce the signing of a second management agreement with Jiangsu Huaqiang Real Estate Development Company Limited to manage a 400-room international mid-scale DusitPrincess Hotel and Residence in Jiangyin City, Jiangsu Province. The property is expected to open in late 2016.

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The DusitPrincess Hotel and Residence Jiangyin, Jiangsu will offer 150 guestrooms, 250 apartments and meeting rooms featuring the latest audio-visual equipment. Facilities will also include an all-day dining restaurant and a health club.

Located on the southern bank of Yangtze River, Jiangyin is a county under the jurisdiction of Wuxi City, one of the thirteen prefecture-level cities in Jiangsu Province. Jiangyin has been a major port on the Yangtze since the Tang Dynasty and in 2014, the city's GDP was 275 billion Chinese Yuan, topping the list of China's Top 100 Counties. Jiangyin is conveniently only 20 minutes by car from Wuxi High Speed train station and a 2-hour drive from Shanghai and Nanjing.

"We warmly welcome the DusitPrincess Hotel and Residence, Jiangyin to our growing portfolio of hotels in China. Three DusitPrincess Hotels and Residences are due to launch in 2016, in the cities of Shanghai, Panzhihua in Sichuan Province and now, Jiangyin. The DusitPrincess brand is welcoming, efficient and affordable and this hotel has been designed with the well-being of both travellers and long-stay guests in mind," said Mr. Lim Boon Kwee, President of Dusit Fudu Hotels and Resorts.

Expressing his confidence in the hospitality management expertise of Dusit Fudu Hotels and Resorts, Mr. Zhu Bin, Chairman of Jiangsu Huaqiang Real Estate Development Company Limited said, "We are delighted to grow our collaboration with Dusit Fudu. The DusitPrincess Hotel and Residence Jiangyin, Jiangsu will appeal to travellers who seek an optimal combination of a great location, gracious service rooted in Thai hospitality and real value."

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Dusit Fudu

Dusit Fudu Hotel Management (Shanghai) Company Limited is a Shanghai-based joint venture between Dusit International and Fudu Hotel Investment Management Company Limited, the hospitality arm of Changzhou Qiao Yu Holding Group.
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About Dusit International

Established in 1948, Dusit International is a leading hospitality group listed on the Stock Exchange of Thailand. Building on its two core areas of business – Hotels & Resorts and Hospitality Education – the company has expanded its operations over the past four years to comprise five business units. The additional units include Foods, Property Development, and Hospitality-Related Services. Today, the company"s property portfolio comprises more than 300 distinctive hotels, resorts and luxury villas operating under six brands across 15 countries worldwide, as well as two leading hospitality colleges with campuses in Thailand and the Philippines. Following a three-pronged strategy for sustainable growth, including balance, expansion and diversification, the company has recently expanded into food production, on-demand hospitality services, and property development to reach new markets and add further recurring streams of revenue to the company.

For more information, please visit www.dusit-international.com.

Contact
Sureerat Sudpairak
Corporate Manager – Public Relations
Phone: +66 (0) 2200 9999 ext. 3321
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