Dusit, a Thai hotels and hospitality group, is entering Myanmar as others write off projects and close hotels, but on terms that limit its exposure: management contracts on…
Dusit, a Thai hotels and hospitality group, is entering Myanmar as others write off projects and close hotels, but on terms that limit its exposure: management contracts on existing hotels, a focus on business travel, and outside checks on the owner. If leisure demand stays weak, the owner bears most of the cost. Dusit’s main risk is reputational.
Source disclosure
This is a source-linked briefing. Read the original report from Skift .