Asset World
Real Estate · Thailand · 5K - 10K Employees
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Overview
Headquarters
Empire Tower 1 S Sathorn Rd. Yannawa Fl ...Phone Number
+66 21809999Website
www.assetworldcorp-th.comRevenue
$500 MillionIndustry
ZI Rank: 6
Signal Type
Mar
Apr
May
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Aug
ZI Rank
5
3
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6
About Asset World
Asset World Corporation (AWC), a member of TCC Group, one of Thailand’s most prominent conglomerates, is working to build a better future. AWC’s core focus of real estate development and management projects encompass two business groups: Hospitality, and Retail and Commercial Buildings (covering retail, and wholesale and office) which support integrated lifestyles, offer a best-in-class customer experience to valued clients and build long-term value for stakeholders.Explore more
Asset World Org Chart
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Company Profile Activity
Activity Insights
Asset World is experiencing very low activity levels compared to other companies in the Real Estate sector.
What does this means?
Asset World is drawing exceptional interest within the Real Estate industry, suggesting notable developments or strong market momentum, learn more about Asset World.
Asset World Tech Stack
A closer look at the technologies used by Asset World
Most Recent Scoops
Person-Based
Partnership
Earnings
Asset World has reported total Hospitality revenue of 2,761 million THB for Q2/2025, up 6% year-on-year, with EBITDA of 742 million THB (up 10%), EBITDA margin improving by 100 basis points to 26.9%, and RevPAR of 3,272 THB, up 5%.
Earnings, Hospitality, Finance
Earnings
Asset World has reported total assets of 208,338 million THB, an Interest-Bearing Debt to Equity ratio of 0.92 (improved from 1.04), a cost of debt reduced to 2.46%, an average debt maturity of 29 years, and an Interest Coverage Ratio of 3.85x, with an available credit facility of 2.5 billion THB.
Asset Management, Accounting, Financial Reporting, Business Finance, Finance, Financing & Debt
Earnings
Asset World has reported forward-looking hospitality indicators for the second half, with on-the-books occupancy up 30%, conference bookings up 45%, and booked area up 283%, supported by confirmed international events including the IMF, World Bank Group, and Gastech Conference.
Events, Hospitality
Earnings
Hospitality
Asset World News & Media
Hotel Okura and Asset World Corporation to Open Ryokan-Style Accommodations in Chiang Mai and Bangkok in 2028
TOKYO--(BUSINESS WIRE)-- #Okura--Okura signed a management agreement with Asset World Corporation for Okura Resort Chiang Mai and The Okura Prestige Sukhumvit Bangkok Hotel & Spa.The Official Opening of Nobu Bangkok at 'EA' Rooftop at The Empire, the Announcement of Nobu Residences Bangkok, and the Groundbreaking of The Plaza Athénée Nobu Hotel and Spa Bangkok Were Celebrated with a Special Sake Ceremony
NEW YORK, Sept. 19, 2024 /PRNewswire/ -- Nobu Bangkok together with Thailand's leading integrated lifestyle real-estate group Asset World Corporation (AWC), celebrated its grand opening with a sake ceremony, symbolizing good fortune and the beginning of this exciting new chapter. Located...Thai PM, Embassies, Government and Private Food Sectors Collaborate with AWC to Launch 'Phenix,' a World-Class Food Hub in Bangkok, Elevating Thailand as a Culinary Destination
BANGKOK, June 28, 2024 /PRNewswire/ -- The Thai Prime Minister, embassy representatives, and leaders from both government and private sectors in the food industry joined Asset World Corporation (AWC) at the grand opening of "Phenix", the world's food wholesale hub with the largest food lounge in central of Bangkok. It integrates food wholesale and retail all within a pioneering business model that facilitates trade between food manufacturers and buyers through both offline and online channels, cIHG and Asset World Corp Public Company Limited (AWC) to introduce InterContinental Brand in Chiang Rai
IHG Hotels & Resorts (IHG), one of the world’s leading hospitality companies, and Asset World Corp Public Company Limited (AWC), renowned as Thailand’s leading integrated lifestyle real estate group, extend their long-standing partnership with a landmark agreement to open two new luxury hotels in Chiang Rai, Thailand.
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Frequently Asked Questions Regarding Asset World
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Asset World Corporation (AWC), a member of TCC Group, one of Thailand’s most prominent conglomerates, is working to build a better future. AWC’s core focus of real estate development and management projects encompass two business groups: Hospitality, and Retail and Commercial Buildings (covering retail, and wholesale and office) which support integ... Read More
