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Central Hotel Shopping In London And Paris

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Posted: 04 Oct 2012 | 6:00 am

Central Plaza and its Centara Hotels and Resorts group is continuing in their quest to break in the European hospitality sector despite failing to win a deal for a London hotel.

Public statements by CEO Thirayuth Chirathivat has said that both London and Paris remain high acquisition targets given the favorable economic situation at present.

While Europe is on the radar, closer to home industry sources are talking about the groups plans to get into the budget hotel sector.

It's understood plans are underway and a team is currently being assembled to the forward a branded initiative indo the low-cost sector.

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