Property firm Magnolia Quality Development Corporation will invest Bt11 billion to develop five new residential and luxury hotel projects from this year through 2014.
The Ratchdamri Magnolias is located in the plot between the Grand Hyatt Erawan and the Peninsula Plaza shopping mall as you are going towards the 4S. See more here: Bangkok developers grab Ratchadamri Road’s last plot
Hilton Worldwide Signs Agreement with Magnolia Finest Corporation Limited to Welcome First Waldorf Astoria in Southeast Asia
Thanks for the news Kalboz! Looks like another stunningly beautiful hotel development in the City of Angels. The competition there will be extremely tough in a few years' time. Hopefully it will mean lower price and better service for all of us
Would like it to be the case ... but I think they are preparing for the Chinese and Indians visitors to increase many times over in the coming years! Purchasing power is increasing in these countries ...
Yes. If you wanted to do "chain hopping", you could start at the IC or HI as you prefer, cross the street to the REN, walk next door to the Grand Hyatt, walk down the street to the WA, walk next door to the Four Seasons, and next door to the St. Regis. All we are missing now is A-Club, which you could easily get to by catching the BTS (which is connected to the St. Regis). This must be one of the highest concentrations of luxury hotel chains in the world (Hong Kong can almost rival).
And note you don't even own it Kal- it is a 30 year leasehold! Given the leasehold status this is officially more expensive than Knightsbridge. Good luck on a single even interested buyer....
Just walked by this morning, the building is above ground and many construction cranes on site, very small footprint though! And as @TRAVELSIG mentioned, 30-year leasehold! Slated to open in 2016: http://waldorfastoria3.hilton.com/en/about/future-openings/index.html
Coming along nicely! http://www.hotelchatter.com/story/2...tels/Waldorf_Astoria_Wants_In_On_Bangkok_Too_
Went out to Zense rooftop venue at CentralWorld and then to Uno Mas at Centara Grande Hotel and took some shots of the progress here: A giant next to the Grand Hyatt Erawan & the Renaissance Bangkok Note the St. Regis further down by Ratchdamri BTS Station on the Silom Line. Pool or lounge area? Not topped off yet! I wonder what are the HHonros Diamond benefits at the Wolfdorf Astoria? Lounge access? Breakfast? Suite upgrades?
+1 because PH already topped off unlike the Magnolia (where the WA will be located). 3/10/2016 4/14/2016