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Red Planet to double hotel portfolio
By Tom Walker
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London South Bank University
£31,396 to £34,557, inclusive of £4,952 London Weighting
location: Southwark Campus, United Kingdom
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Thailand-based Red Planet Hotels is to open six new properties in Asia.
The company is developing a portfolio of Tune hotels in China, Indonesia, the Philippines, Thailand and Bangladesh.
Red Planet already operates six hotels in Thailand and the Philippines.
All Red Planet-owned hotels operate under a franchise agreement with Tune Hotels.
Tune Hotels is part of the Tune Group, the private investment group of Tony Fernandes, founder and Group CEO of low cost airline AirAsia and Team Principal of the Lotus F1 Racing team.
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Thailand-based Red Planet Hotels is to open six new properties in Asia.
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