05 February 2025
05 February 2025
The Thai hospitality industry is facing a significant transformation as it prepares to meet new EU sustainability regulations, which will take effect by 2026.
The agreement between the two parties were initially disclosed in December 2024.
Peachtree states that its reach extends beyond its traditional markets in the Southeast and Midwest to urban infill locations nationwide.
The hospitality company, known for its Club Mahindra brand, currently has 5,698 rooms across 126 resorts.
The SOUMA Hotel Lima is set to welcome guests from March 2025.
The new establishment is expected to open its doors in 2027.
These initiatives aim to collectively stimulate $50m in EBITDA growth and enhance shareholder value.
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