Economy
AWC Announces 2.9 Billion Baht Plaza Athénée Project on Chao Phraya River
Asset World Corp (AWC) plans to develop a new Plaza Athénée hotel along the Chao Phraya River, marking its 11th riverside destination.
According to a report by Matichon Online, Asset World Corp (AWC) has unveiled plans to invest 2.9 billion baht into the development of a new Plaza Athénée hotel. This project is set to be situated along the Chao Phraya River, representing the 11th destination in the company’s riverside portfolio.
For travelers and residents, this development signals a significant expansion of luxury hospitality infrastructure in Bangkok. The project is currently scheduled for completion and opening in 2028. The addition of a high-profile brand like Plaza Athénée to the riverside area is expected to further enhance the city's appeal as a premium tourism hub, potentially increasing the availability of upscale accommodations and amenities in the capital.
While the investment figure and the target opening year have been announced, several details remain to be confirmed. Specifically, the exact location of the site along the river and the full scope of the hotel's facilities have not yet been detailed. Stakeholders and potential visitors should monitor future announcements from AWC for updates regarding the construction timeline and the specific features of the property as the 2028 opening date approaches.