CMC Showcases Success of Subsidiary C2H Continuing Hospitel Services in Collaboration with Huachiew Hospital, Anticipating Bright Revenue This Year
Dr. Wichian Patayanun, Chief Executive Officer of Chao Phraya Mahakarn Public Company Limited (CMC), a real estate developer in prime locations, stated, "Welcoming the good news in the first quarter of 2022, the hotel and service business group, led by C2H Company Limited (C2H), a subsidiary of CMC, is continuing the Hospitel service in collaboration with Huachiew Hospital, extending the service period to accommodate COVID-19 recovery patients at The Chateau Palace Hotel. The Hospitel service has maintained an average occupancy rate of 98.00 percent daily and has received positive feedback, generating revenue accordingly. Moving forward, we plan to transition to a 100 percent hotel service after the first quarter, with expectations for steady growth in performance during the third and fourth quarters. Meanwhile, C2H is preparing for the official Grand Opening of Oakwood Suites Tiwanon Bangkok, aligning with the government's decision to allow Thai and foreign tourists entering Thailand under the Test & Go scheme to start registering from February 1, 2022, which will further stimulate the recovery of the Thai tourism sector.
However, Ms. Waramon Ratchataram, General Manager of C2H, revealed that "C2H operates in the short- and long-term rental management sector (Chain Hospitality), managing hotels, accommodations, dormitories, and recovery facilities, expanding from a real estate developer to the hospitality business. The company continuously elevates service standards and conducts evaluations.

For every guest, we listen to their needs and seek feedback for development and improvement to meet customer demands. We are also prepared to handle all situations to accommodate all target customer groups, including Hospital, Medical Stay, Government, Corporate, Leisure, and Apartment – Long Stay. Additionally, the location of the projects that the company is about to develop is considered a treasure trove, situated in the heart of important areas close to various tourist attractions, ensuring convenience in travel. The company is highly confident that C2H will become a leading choice in the hotel and service industry, trusted by customers as their first option for accommodation."