Pan Pacific Hotels Group today confirmed that its agreement to operate the popular Pan Pacific Bangkok hotel in Thailand until the end of 2010 won't be renewed.
The group has managed the hotel, owned by Ramaland Development, under the Pan Pacific brand since 1995. Ramaland Development is owned by Kajima Corporation Japan.
Pan Pacific Hotels Group will still operate the Pan Pacific Serviced Suites Bangkok, which opened earlier this year, on Thonglor, Sukhumvit Soi 55.
“We have had a great relationship with Ramaland Development Co. Ltd the last 15 years and we wish them every success with the property,” said A. Patrick Imbardelli, President and CEO of Pan Pacific Hotels Group. “We will be strongly pursuing new opportunities for our brands in Bangkok and Thailand. We are confident of the long term prospects of this amazing country and it will not be long before we find that brand-defining and brand-relevant hotel for us.”
A source at Ramaland Development today admitted to ASIA Travel Tips.com that an "international brand" company had already been appointed to manage the property, but that an official announcement will only be made next week.
The Pan Pacific Bangkok is one of the best hotels in the colourful city, and has a very strong Japanese following thanks, in part, to its very lose proximity to Thaniya Plaza.
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