LHMV's Strategy for Grande Centre Point Hotel Growth

Thansettakij•Economy•11d ago

Reader Briefing

LHMV is expanding the Grande Centre Point hotel portfolio to drive revenue beyond 10 billion baht by 2028.

•LHMV operates 9 hotels and will open Grande Centre Point Voyage Pattaya on October 1.
•The Grande Centre Point Chinatown Bangkok hotel is under construction with an investment value of 3,600 million baht.
•LHMV utilizes the LHHOTEL REIT to accelerate capital recovery and fund new projects.
•Projected revenue is expected to exceed 10 billion baht after the opening of the Chinatown Bangkok hotel in 2028.

•LHMV currently operates 9 hotels, which will increase to 10 with the opening of Grande Centre Point Voyage Pattaya on October 1.
•LHMV invested approximately 4,300 million baht into Grande Centre Point Voyage Pattaya to help transform Pattaya into a World Class Family and MICE Destination.
•Grande Centre Point Voyage Pattaya features event and meeting spaces totaling 111,100 square meters.
•Grande Centre Point Chinatown Bangkok, an 11-story building with 351 rooms, is scheduled to open in the second quarter of 2028.
•LHMV's revenue was nearly 6,000 million baht in 2025 and is projected to reach 8,000 million baht in 2026.
•LHMV uses the LHHOTEL REIT as a shortcut to recover investment and profit within 3 years instead of the typical 7-8 years.
•LHMV plans to add Grande Centre Point Surawong to the REIT by the end of this year.
•The hotel portfolio is categorized into Timeless Collection, Prestige Collection, and Limited Collection.

Full article content is available on the original source.

LHMV

A hotel and shopping mall business operator of Terminal 21 and Grande Centre Point hotels.

LH Mall & Hotel(แอล เอช มอลล์ แอนด์ โฮเทล)

Another name for LHMV.

Land and Houses(แลนด์ แอนด์ เฮ้าส์)ℹ️

The parent company of LHMV.

Grande Centre Point(แกรนด์ เซนเตอร์ พอยต์)

A premium Thai hotel brand developed by LHMV.

Terminal 21ℹ️

A shopping mall business under LHMV.

Crown Property Bureau(สำนักงานทรัพย์สินพระมหากษัตริย์)ℹ️

The organization from which LHMV won the auction for the Chinatown Bangkok hotel land with a 60-year lease.

Palmer and Turnerℹ️

The designer of Grande Centre Point Chinatown Bangkok.

LHHOTEL REIT(กองทรัสต์ LHHOTEL)

A real estate investment trust used by LHMV to accelerate capital recovery.

Grande Centre Point Voyage Pattaya(แกรนด์ เซนเตอร์ พอยต์ วอยาจ พัทยา)

A hotel in Pattaya scheduled to open on October 1 with an investment of 4,300 million baht.

Pattaya(พัทยา)ℹ️

A destination where LHMV is expanding its hotel portfolio.

Grande Centre Point Chinatown Bangkok(แกรนด์ เซนเตอร์ พอยต์ ไชน่าทาวน์ กรุงเทพฯ)

A 5-star hotel under construction in the Yaowarat area with an investment value of 3,600 million baht.

Yaowarat(เยาวราช)ℹ️

The area where Grande Centre Point Chinatown Bangkok is located.

Grande Centre Point Surawong(แกรนด์ เซนเตอร์ พอยต์ สุรวงศ์)

A hotel to be added to the LHHOTEL REIT by the end of the year.

Grande Centre Point Lumpini(แกรนด์ เซนเตอร์ พอยต์ ลุมพินี)

A hotel in the Prestige Collection pipeline for the REIT.

Grande Centre Point Prestige(แกรนด์ เซนเตอร์ พอยต์ เพรสทิจ)

A hotel in the Prestige Collection pipeline for the REIT.

Grande Centre Point Ploenchit(แกรนด์ เซนเตอร์ พอยต์ เพลินจิต)