| Daily news, 28 Mar 2008 |
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BANGKOK – Anantara Hotels & Resorts has formed a joint venture with Kempinski Hotels & Resorts for strategic development opportunities in Europe and Asia.
With extensive knowledge and experience in the Asia market, Anantara Hotels & Resorts is well placed to seek out development opportunities on behalf of the Kempinski group and offer technical service skills which match the brand’s growth strategy. In Europe, key locations being tapped for expansion by Anantara Hotels & Resorts include the Mediterranean basin, where Kempinski have a selection of existing properties and a strong depth of experience.
The agreement sets the stage for Anantara and Kempinski to move quickly with local knowledge in ever increasingly competitive markets.
Over the next 10 years, Anantara Resorts expects to continue the extensive development to include at least 40 resorts in Asia, Africa, the Middle East and indeed Europe.
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