Onyx to open two Bangkok hotels; targets 99 hotels by 2024

A rendering of Shama Yen Akat

Shama Serviced Apartments by Bangkok-based Onyx Hospitality Group will be doubling its presence in the Thai capital with the addition of Phrom Phong and Yen Akat to its portfolio in 2020.

The two new properties – Shama Sukhumvit 39 Bangkok and Shama Yen Akat Bangkok – will complement the existing Shama Sukhumvit Bangkok in Ploenchit and Shama Lakeview Asoke Bangkok.

A rendering of Shama Yen Akat

Developed by Walton Asset and managed by Onyx Hospitality Group, Shama Sukhumvit 39 Bangkok in Phrom Phong is scheduled to open in February 2020 as an extended stay residence with 52 apartments in five different one- and two-bedroom layouts. The property will feature a pool and terrace, gym and kid’s playroom.

Shama Yen Akat Bangkok, developed by SP Plus Property Company and managed by Onyx Hospitality Group, is scheduled to open in September 2020 with 136 units, welcoming both short stay as well as extended stay guests. The property will offer a restaurant, gym and a rooftop pool terrace with barbeque pit.

Shama currently has a portfolio of 11 properties in China, Hong Kong and Thailand, with upcoming openings in Johor, Malaysia and additional locations within mainland China.

Onyx Hospitality Group has a growing regional portfolio of 50 operating properties across three core brands in eight markets. It has a robust development pipeline of 25 new properties in markets such as China, Malaysia and Laos, and has set a target of having 99 hotels open by 2024.

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