IMPACT Exhibition Management plans to spend six billion baht (US$198 million) on developing a convention and hotel complex in downtown Bangkok.
IMPACT managing director Paul Kanjanapas said the complex would take three years to complete. It will occupy 1.12 hectares in the Makasan area and include a convention centre for 2,000 delegates, a hotel with 400 to 500 keys, a banquet hall for 2,000 people and some breakout meeting rooms.
Kanjanapas said that an international chain might manage the hotel, while the convention centre would be branded IMPACT.
The new MICE venue will add to the existing IMPACT Muang Thong Thani Exhibition and Convention Center on the outskirts of the Thai capital. With more than 140,000m2 of floor space in four large multi-purpose buildings, the venue hosts more than 800 exhibition and convention events a year.
The group also plans to launch the 380-room Novotel Bangkok IMPACT in April.