Destination Group raises Pattaya’s Mountain Beach to 4.5 stars in THB1.5bn deal
Destination Group has acquired Mountain Beach Resort, located in the heart of Pattaya’s Pratumnak area, with an investment of 1.5 billion baht. The group said it will undertake a complete renovation and upgrade to rebrand the property as a 4.5-star resort.
Once renovation work is completed, the resort will comprise 354-plus rooms, full entertainment and leisure facilities, and a high-energy beach club for Thai and foreign tourists. The property is scheduled to open in the second quarter of next year.
Gary Murray, CEO and Founder of Destination Group announced the acquisition of Mountain Beach Resort located in the heart of the Pratumnak area, Pattaya.
The resort is adjacent to tourist attractions, top-notch restaurants and 200m from the Pratumnak beach. Destination Group intends to undertake a complete renovation and will rebrand as an international service provider to a 4.5-star resort.
Upon completion of the renovation, the resort will comprise 354+ rooms (from 322 rooms), full entertainment and leisure facilities; 150 seat beach club, high energy nightclub, 250 seats all-day café, a wellness spa, as well as SIAM ADVENTURE CLUB, excursion activities for children and teenagers, and 800m2 of meeting facilities for our Thai and foreign guests and families.
The property is scheduled to open in the second quarter of 2024.
“Pratumnak beach is the nicest upscale family-style beach in the Pattaya area popular for both Thais and foreigners alike. Pattaya is a popular beach resort on the Gulf of Thailand and famous for modern cuisine, seaside café, and exciting nightlife. It is located in the southeast of Bangkok with a 1-hour drive and not far from Suvarnabhumi International Airport.” Gary said.
Destination Group, founded in 1996, operates hotels, restaurants, and the largest hostel group in Asia. Through its hotel division, Destination Resorts now owns and operates more than 2,500 rooms in resorts in Phuket, Hua Hin, Samui, Khao Lak, and now Pattaya, Thailand.
Through its F&B division, Destination Eats, owns and operates 30+ restaurants, including Hard Rock Cafe, Hooters Restaurants, Scoozi Pizza, Big Boy restaurants, Wow Cow Ice Cream, Urban Grunge Coffee, Boom Boom Burgers, Gonchon Chicken, Taco Delight, Hanuman Thai, Power Eats, and most recently Virtual Kitchens.
Through its hostel division, Collective Hospitality has more than 50+ hostels with more than 6000 beds under operation and development under its Slumber Party, Bodega, and Socialtel brands across Thailand, Indonesia, Sri Lanka, Philippines, Vietnam, and Cambodia.
