A closer look at “Centara Hotels Targets Multi-Property Deals with Large Investors to Double Portfolio Witho”, exactly as the source publishes it. Centara Hotels & Resorts, Thailand’s leading homegrown hospitality group, is pivoting its growth strategy toward large-scale partnerships as it aims to double its portfolio while keeping its balance sheet lean. Chief Operating Officer Thirayuth Chirathivat told Skift that the company is prioritizing multi-property agreements with institutional investors and family offices, moving away from single-asset management contracts that require more time and resources per room. This approach, he said, is designed to accelerate expansion in key markets across Asia and the Middle East without overleveraging the company’s own capital.
The Bangkok-based operator currently manages around 90 properties, with a pipeline that includes new openings in Japan, Vietnam, and Qatar. Chirathivat sees particular opportunity in Gulf markets, where some owners are facing financial distress and may be more open to handing over portfolios to experienced operators. The full version stays on the original page, which this listing opens directly.