Construction is scheduled to commence in 2018.Located next to the current site of the largest open-air shopping mall, the new 16-rai (2.55-hectare) project will consist of a 800-key five-star hotel, 3,000 square metres of convention facilities and a |shopping arcade occupying 10,000sqm. For example, hotel-room occupancy in this area has surged to 80 per cent from 35 per cent.Asiatique welcomes about 30,000 visitors on weekdays and more than 50,000 daily on weekends. The company owns a 40-rai site on the opposite bank. Pattaya will get an Asiatique that will replace the Montien Hotel. In Chiang Mai , the company also plans to develop this format on its own 70-rai site.The company targets Bt500 million in revenue this year, up from Bt423 million last year.

Source: The Nation Bangkok September 07, 2016 18:00 UTC