Centara Hotels & Resorts, Thailand’s leading hotel operator, announced a strategic joint venture with PTT Oil and Retail Business Public Company Limited (OR) to launch a new budget hotel brand, marking a significant milestone in the company’s continued growth and expansion into new market segments.
Through this partnership, Centara and OR will develop a network of budget hotels located adjacent to PTT Station service complexes, creating a convenient and accessible accommodation option for modern travellers. The collaboration combines Centara’s hospitality expertise with OR’s extensive nationwide network of service stations and lifestyle retail spaces.