Tokyo Tatemono to Launch Its First Hotel Project in Bangkok by 2029
Tokyo Tatemono Co., Ltd., a prominent Japanese real estate developer, has announced its venture into hotel development in Thailand, specifically by launching 'voco Bangkok Siam' in Bangkok, set to open in 2029. This marks the company’s inaugural hotel project in the thriving Southeast Asian market and reflects its strategy to leverage growth opportunities in international tourism destinations.
The hotel development is in collaboration with SCX Corporation, a subsidiary of SC Asset Corporation Public Company Limited, one of Thailand’s leading development firms. The partnership capitalizes on Tokyo Tatemono's extensive experience in hotel development within Japan, alongside SCX's local expertise and insights into the burgeoning hospitality sector in Thailand.
Thailand is globally recognized as a premier tourist destination, with its tourism industry pivotal to the nation's economic growth. Bangkok, the capital city, attracts a diverse range of travelers with its unique cultural offerings, vibrant commercial centers, and exquisite culinary scene. In recent years, as travel demands have evolved, there has been a growing expectation for high-quality accommodation and services. This trend aligns with the Thai government’s initiatives to attract high-value tourists, indicating a qualitative shift in the market.
With the anticipated capacity of international airports and continued infrastructure improvements, an increase in tourist numbers is expected, ensuring steady growth in Thailand's tourism sector. Against this backdrop, Tokyo Tatemono and SCX Corporation are set to implement their accumulated knowledge and experience in hotel development towards making 'voco Bangkok Siam' a reality.
Located in the vibrant Siam area of Bangkok's Central Business District (CBD), 'voco Bangkok Siam' will feature easy access to major transportation links. Close to BTS National Stadium station and within walking distance of Siam station—one of the busiest rail stations in Bangkok—the hotel caters excellently to both leisure and business travelers.
The Siam region is renowned for hosting several large commercial establishments including Siam Paragon, Siam Discovery, and MBK Center, making it a prime location for shopping and dining enthusiasts. Moreover, the hotel will benefit from proximity to the Airport Rail Link, offering convenient transportation to Suvarnabhumi Airport.
Upon completion in 2029, the hotel will be operated by IHG (Thailand) Limited under the venerated 'voco' premium brand, which is rapidly expanding its global footprint. The voco brand is particularly appealing, with plans to enhance guests’ experiences by incorporating local culture into its lifestyle-oriented design.
The hotel will boast approximately 350 rooms, various in-house amenities such as an all-day dining restaurant, a bar, a pool with poolside bar, meeting rooms, a gym, and more. These facilities are designed to cater to the anticipated demand from international guests as the tourism industry continues to rebound.
Founded in 1896, Tokyo Tatemono is Japan's leading real estate development firm with a strong commitment to fostering communities and enhancing urban lifestyles. Emphasizing innovation, sustainability, and quality, the company has plans for significant international expansion, eyeing various markets including Thailand, the United States, and Australia.
Established in 1995, SC Asset is a key player in Thailand’s real estate sector, focusing on residential developments, including condominiums and housing projects. Its subsidiary, SCX Corporation, specializes in commercial property development and operations, emphasizing a strategic partnership with Tokyo Tatemono on this joint endeavor.
The upcoming 'voco Bangkok Siam' is not just a testament to Tokyo Tatemono's expansion into international markets; it’s a response to the growing demand for upscale accommodation in Thailand. With Bangkok's tourism sector poised for continuous growth, this project is seen as a key investment in the future of hospitality in the region. As the hotel prepares to break ground in 2026 and open its doors in 2029, it stands to be a promising addition to Bangkok's vibrant landscape, inviting guests to experience both the luxury of quality hospitality and the unique charm of Thai culture.
The hotel development is in collaboration with SCX Corporation, a subsidiary of SC Asset Corporation Public Company Limited, one of Thailand’s leading development firms. The partnership capitalizes on Tokyo Tatemono's extensive experience in hotel development within Japan, alongside SCX's local expertise and insights into the burgeoning hospitality sector in Thailand.
Background of the Project
Thailand is globally recognized as a premier tourist destination, with its tourism industry pivotal to the nation's economic growth. Bangkok, the capital city, attracts a diverse range of travelers with its unique cultural offerings, vibrant commercial centers, and exquisite culinary scene. In recent years, as travel demands have evolved, there has been a growing expectation for high-quality accommodation and services. This trend aligns with the Thai government’s initiatives to attract high-value tourists, indicating a qualitative shift in the market.
With the anticipated capacity of international airports and continued infrastructure improvements, an increase in tourist numbers is expected, ensuring steady growth in Thailand's tourism sector. Against this backdrop, Tokyo Tatemono and SCX Corporation are set to implement their accumulated knowledge and experience in hotel development towards making 'voco Bangkok Siam' a reality.
Project Details and Features
Located in the vibrant Siam area of Bangkok's Central Business District (CBD), 'voco Bangkok Siam' will feature easy access to major transportation links. Close to BTS National Stadium station and within walking distance of Siam station—one of the busiest rail stations in Bangkok—the hotel caters excellently to both leisure and business travelers.
The Siam region is renowned for hosting several large commercial establishments including Siam Paragon, Siam Discovery, and MBK Center, making it a prime location for shopping and dining enthusiasts. Moreover, the hotel will benefit from proximity to the Airport Rail Link, offering convenient transportation to Suvarnabhumi Airport.
Upon completion in 2029, the hotel will be operated by IHG (Thailand) Limited under the venerated 'voco' premium brand, which is rapidly expanding its global footprint. The voco brand is particularly appealing, with plans to enhance guests’ experiences by incorporating local culture into its lifestyle-oriented design.
The hotel will boast approximately 350 rooms, various in-house amenities such as an all-day dining restaurant, a bar, a pool with poolside bar, meeting rooms, a gym, and more. These facilities are designed to cater to the anticipated demand from international guests as the tourism industry continues to rebound.
Company Profiles
Tokyo Tatemono Co., Ltd.
Founded in 1896, Tokyo Tatemono is Japan's leading real estate development firm with a strong commitment to fostering communities and enhancing urban lifestyles. Emphasizing innovation, sustainability, and quality, the company has plans for significant international expansion, eyeing various markets including Thailand, the United States, and Australia.
SC Asset Corporation Public Company Limited
Established in 1995, SC Asset is a key player in Thailand’s real estate sector, focusing on residential developments, including condominiums and housing projects. Its subsidiary, SCX Corporation, specializes in commercial property development and operations, emphasizing a strategic partnership with Tokyo Tatemono on this joint endeavor.
Conclusion
The upcoming 'voco Bangkok Siam' is not just a testament to Tokyo Tatemono's expansion into international markets; it’s a response to the growing demand for upscale accommodation in Thailand. With Bangkok's tourism sector poised for continuous growth, this project is seen as a key investment in the future of hospitality in the region. As the hotel prepares to break ground in 2026 and open its doors in 2029, it stands to be a promising addition to Bangkok's vibrant landscape, inviting guests to experience both the luxury of quality hospitality and the unique charm of Thai culture.
Topics Consumer Products & Retail）
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