Rompoh Property (TITLE), part of ASW, has joined forces with IHG Hotels & Resorts, a leading global hotel company, to develop a second hotel in Phuket, continuing the expansion of its Hospitality business. The new premium boutique hotel, 'Hotel Indigo Phuket Nai Yang Beach', is conveniently located just 5 minutes from Phuket Airport, offering an elevated vacation experience with approximately 170 rooms and excellent services, catering to travelers from around the world who wish to experience the charm of Phuket. The hotel is expected to open in 2030.

Ms. Panita Malaiwong, Deputy CEO of Asset Wise Public Company Limited (ASW), stated that ASW and TITLE are moving forward with the expansion of their Hospitality business to create recurring income. They have signed a partnership agreement with IHG Hotels & Resorts, a global hotel leader with a diverse range of brands catering to various customer segments, to develop and manage the new hotel, 'Hotel Indigo Phuket Nai Yang Beach'. This boutique hotel, part of IHG's Luxury & Lifestyle collection, is located on Nai Yang Beach in Phuket, aiming to provide an exclusive vacation experience for tourists wanting to immerse themselves in local culture, with an opening scheduled for 2030.

This collaboration in developing Hotel Indigo Phuket Nai Yang Beach marks a significant step in expanding TITLE's hotel portfolio and reinforces its strong partnership with the global IHG brand, following the previous voco Phuket Bangtao project. The company hopes that both hotels will be key pieces in connecting TITLE's ecosystem, expanding from being a developer of Leisure Residences to a brand deeply understanding Leisure Lifestyle, offering a unique and memorable travel experience in Phuket, which will enhance Phuket's potential as a World Destination sustainably.

Ms. Kate Gerits, Operations Director for Thailand at IHG Hotels & Resorts, expressed that IHG is very pleased to continue its successful collaboration with TITLE in launching this second project. The Hotel Indigo brand is a key part of IHG's Luxury & Lifestyle segment, with over 183 locations worldwide and ongoing growth in Thailand. The brand's boutique style seamlessly integrates the unique characteristics of each location with modern design, making Hotel Indigo one of the most popular boutique hotel brands among travelers globally.

The hallmark of the Hotel Indigo brand is the concept of a 'Neighborhood-inspired Boutique Hotel', which draws inspiration from the local area to create unique designs. Each location features distinct designs that reflect the stories, culture, and colors of the local community, combined with a vibrant atmosphere and locally sourced food and beverages, providing guests with an authentic local experience.

The Hotel Indigo Phuket Nai Yang Beach is situated in a prime location near Nai Yang Beach, renowned for its beautiful sea and rich natural surroundings, amidst a serene and tranquil atmosphere. It is just a 5-minute drive from Phuket International Airport and conveniently connects to major attractions such as Nai Yang Beach, Mai Khao Beach, and Sirinat National Park, making it ideal for those who wish to be close to nature without traveling far. The hotel will feature approximately 170 rooms, fully equipped with amenities, and is scheduled to open in 2030.

“IHG believes that Hotel Indigo Phuket Nai Yang Beach will become a new destination offering a tasteful vacation experience, truly reflecting the charm of Phuket to travelers from around the world,” Ms. Kate concluded.