Star Asia Group Buys Japanese Hotel Operator Minacia
Skift Take
After the acquisition of Minacia, Star Asia will have an additional 5,100+ rooms from 39 limited service hotels under its management.
Thailand’s Ministry of Finance has requested an additional two weeks to complete a feasibility study into the legalization of casino gaming. The Bangkok Post said Deputy Finance Minister Julapun Amornvivat did confirm that the gaming areas in the legal integrated will not be permitted to exceed 5% of the total project area, with the remainder to be utilized for complementary hotel and entertainment offerings. They will be convening with 16 other government agencies to discuss details of the casino resort topic. This includes legislation on regulation of casino resort complexes, locations, the pros and cons of the casino resort projects, and the establishment of a fund to mitigate any negative impacts from such gaming resorts. What have they been doing the past 30 days?
Hilton announced the signing of an agreement with SC Asset Corporation PCL to introduce KROMO, Curio Collection by Hilton, marking the lifestyle brand’s debut in Thailand