Dusit Thani Group

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Dusit Thani Group
Type Public (SET: DTC)
Founded 1949
Headquarters Bangkok, Thailand
Key people Thanpuying Chanut Piyaoui, honorary chairperson and managing director
Chanin Donovanik, executive director
Chatri Sophonpanich, chairman
Industry Hospitality
Products Dusit Hotels and Resorts
Dusit Princess Hotels and Resorts
D2 Hotels and Resorts
Dusit Thani College
Dusit Residence Serviced Apartments
Net income 245,111,940 baht (2005)[1]
Website www.dusit.com

The Dusit Thani Group of Companies, also known as Dusit Thani Public Company Limited (SET: DTC) is a Bangkok-based hotel and resort company. It is the owner of the Dusit Thani Hotel in Bangkok as well as hotels in Myanmar, the Philippines and the United Arab Emirates. In all, the company owns and operates 19 hotel properties.[2] The company also has a business school, Dusit Thani College, where it trains workers for the hospitality industry. It also runs the MBK Center mall.

Contents

[edit] History

The Dusit Thani Group was founded in 1949 by Than Phu Ying Chanut Piyaoui, who opened the Princess Hotel on New Road in Bangkok. The company opened its flagship hotel, the Dusit Thani Hotel, in Bang Rak district, Bangkok in 1970. It acquired its first resort-style property in 1987 when it renovated a hotel in Pattaya and renamed it the Dusit Resort Pattaya. Other resorts followed, including the Dusit Resort Hua Hin in 1989. The company branched out to Northern Thailand in 1991, opening hotels in Chiang Mai and Chiang Rai.

Boom years in the 1990s led the Dusit Thani Group to overseas investment in the Melrose Investment Partnership, which acquired the Melrose Hotel in Dallas, Texas. Those shares were subsequently sold. The chain entered Indonesia in 1994, opening hotels in Balikpapan and Jakarta. The company also acquired the Kempinski group of hotels and was responsible for managing all the Germany hotelier's properties. But with the East Asian financial crisis, the Dusit Thani Group sold its shares in those ventures.

In 1995, the Dusit Thani Group acquired the Hotel Nikko Manila, which it still owns. The group entered the Middle East in 2001, opening the Dusit Dubai. [3]

The Dusit Thani Group is publicly traded on the Stock Exchange of Thailand (DTC), with 10.28% of the company's shares owned by Pioneer Global Group. [4]

[edit] Hotel chains

The Dusit Thani Group of Companies has three distinct brands for its properties:

The Dusit Thani International Group is since 2007 a member of the Global Hotel Alliance with the Hotel chains Kempinski Hotels, Omni Hotels, Pan Pacific Hotels and Resorts, Marco Polo Hotels, Landis Hotels & Resorts, The Leela Hotel Palaces Resorts. [www.globalhotelalliance.com]

[edit] Hotels & Resorts Opening Soon

Dusit Thani Hotels & Resorts

    Dusit Thani Cairo – Opening 1 June 2008
    Dusit Thani The Palm Jumeirah United Arab Emirates – Opening 2010
    Dusit Thani The Palm Jumeirah United Arab Emirates – Opening 2010
    Dusit Thani Abu Dhabi, United Arab Emirates – Opening 2010



    dusitD2 baraquda pattaya – Opening 2008
    dusitD2 samui – Opening 2009


Dusit Devarana

    Dusit Devarana The Palm Jumeirah, United Arab Emirates – Opening 2010


Dusit Residence Serviced Apartments

    Dusit Residence Abu Dhabi, United Arab Emirates – Opening 2010
    Dusit Residence The Palm Jumeirah, United Arab Emirates – Opening 2010

[edit] References

  1. ^ Annual report, 2005 (PDF)
  2. ^ List of hotels at Dusit.com
  3. ^ Company history at Dusit.com
  4. ^ Pioneer Global Group website

[edit] External links

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