AWC Plans 300-Billion-Baht Asset Portfolio by 2030
Asset World Corporation aims to grow its asset portfolio to 300 billion baht by 2030, expanding hotels and retail space while developing 11 interconnected riverside projects along the Chao Phraya River including theme parks and luxury hotel
Asset World Corporation has set ambitious growth targets, aiming to boost total asset value to 230 billion baht by end-2026 and to 300 billion baht by 2030. According to Vallabha Traisorat, Chief Executive Officer and Managing Director of Asset World Corporation, the company will expand its hotel room portfolio from 6,834 rooms currently to 7,253 rooms by end-2026 and to 9,312 rooms by 2030, while increasing its retail and commercial space from 504,000 square meters in 2026 to 660,000 square meters in 2030.
The expansion will be driven through 11 iconic projects under the AWC Riverside Journey concept, which connects attractions along the Chao Phraya River. Key projects include Asiatique The Riverfront, Jurassic World Experience Bangkok, Avatar: Guardians of Eywa at Blue Dome (scheduled to open in early 2027), Mona Bangkok cable car crossing, Bangkok Skyride Adventure, The Athénée Hotel Bangkok (a luxury property), Hotel Plaza Athenee Bangkok extensions, The Ritz-Carlton Bangkok The Riverside, The Songwad Scape, The Songwad Lanes, and the Nakhon Kasem project in Yaowarat. All 11 projects will be connected through an integrated transportation system featuring EV boats, EV trams, and walking paths.
The strategy aims to boost tourism, cultural experiences, and lifestyle offerings while maximizing visitor flow between assets within the portfolio. Future expansion plans beyond 2030 include Asiatique Pattaya, a new phase in Pattaya, and the Golden Triangle development in Chiang Rai province.
