Singha Estate Public Company Limited, Thailand’s premier property development and investment holding company, today announced the successful acquisition of 6 spectacular properties from the Honolulu-based hotel chain and management company, Outrigger. The USD 310 million acquisition is part of Singha Estate’s strategic investment approach focused on the expansion and entry in high-yield tourist destinations around the globe.
With 70 years of hospitality development and management experience, Outrigger’s resort properties are dotted throughout Hawaii and the Asia-Pacific region. With over 4,700 employees worldwide, Outrigger has been ranked 15th among the top 100 management companies in the U.S. by Hotel Business Magazine.
Read the full article at hawaiinews.online.