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Dusit International

From Wikipedia, the free encyclopedia
Thai multinational hospitality company

Dusit International
Company typePublic
SETDUSIT
IndustryHospitality
Founded1948
FounderThanpuying Chanut Piyaoui
HeadquartersBangkok, Thailand
Number of locations
57
Key people
Suphajee Suthumpun, Group Chief Executive Officer[1]: 6 
ServicesDusit Thani College
Le Cordon Bleu
Devarana Spa
RevenueIncrease 5,570 million baht (2017)[2]
Increase 332 millionbaht (2017)[2][1]: 8 
Number of employees
Decrease3,703[3]
DivisionsDusit Thani
Dusit Devarana
Dusit Suites
Dusit Princess
dusitD2
Dusit Collection
ASAI Hotels
Elite Havens
Dusit Hotels
Websitewww.dusit-international.com

Dusit Thani Public Company Limited (Thai:บริษัท ดุสิตธานี จำกัด (มหาชน)), branded asDusit International (Thai:ดุสิต อินเตอร์เนชั่นแนล), is aThaimultinationalhospitality company headquartered inBangkok. Dusit International has 57 hotels and resorts and approximately 240 villas in 18 countries. Founded byThanpuying Chanut Piyaoui in 1948, the company is now led bySuphajee Suthumpun.[4][5]

Financials

[edit]

Dusit International'sFY2017 revenues were 5,570 million baht, up from 2016's 5,425 million. Net profits in FY2017 doubled from 2016: from 152 million baht to 332 million. Total assets rose to 9,978 million baht. Total liabilities rose to 4,098 million baht.[2][1]: 8 

The top seven Dusit International executives' remuneration in FY2016 was 57.13 million baht in salary and benefits, up from 32.51 million baht paid to eight executives in 2015.[1]: 57 

Dusit Thani PCL has been listed on theStock Exchange of Thailand (SET) since 1975. Its shares are not actively traded.[6]

History

[edit]

The group's origin dates back to 1948 when Thanpuying Chanut Piyaoui opened her first hotel, the "Princess", in Bangkok.[7] It had only 30 rooms but had the distinction of being the first modern hotel in Bangkok with a swimming pool.

The company takes its name and much of its character from the ideas ofKing Rama VI, whose thoughts on the modern state blended Western and Thai influences.[8] In 1918, he created autopian miniature city nearLumpini Park and named it Dusit Thani meaning "town in heaven". In Thai, Dusit is the mythological name for the fourth of the seven levels of heaven.[9]

In 1970, the 23 storeyDusit Thani Bangkok became the company's first flagship hotel.[10] The 510-room hotel was the first luxury hotel and the tallest building in Bangkok for several years.[8]

In 1987, Dusit acquired its first resort property, Dusit ThaniPattaya, followed by another beach resort inPhuket Province, the Dusit Thani Laguna Phuket.[11] In 1989, Dusit ThaniHua Hin, formerly known as the Dusit Resort and Polo Club, opened.[11] Royal Princess Chiang Mai was opened inChiang Mai in 1991, followed by the Dusit Island ResortChiang Rai.

In 1995, Dusit International acquired the Hotel Nikko Manila[12] by purchasing shares in the holding company, Philippine Hoteliers, Inc. (PHI), from Japan Airlines Development Company Limited and JAL Trading Inc. After the acquisition, the Hotel Nikko Manila came under the management of Dusit Thani Hotels and Resorts, and was renamed the Dusit Hotel Nikko,Manila.[13] The Manila hotel underwent a major renovation programme and became Dusit Thani Manila in April 2008.[14] It is known for theSupreme Court ruling on "Illegal Strike" which considered the shaving of heads by the employees of Dusit Hotel as tantamount to committing strike. The issue has been protested widely in the Philippines especially with theInternational Labour Organization's findings that the Philippine government and the Supreme Court violated the workers' right to freedom of expression and association and redefined the meaning of strike.[15]

In November 2006, Dusit Thani added a brand extension, the Dusit Lifestyle Collection with dusitD2 hotels and resorts. dusitD2 is the second generation brand of Dusit Thani Hotels and Resorts.[16][17] The first property in the dusitD2 collection opened in November 2006 inChiang Mai.[18] The second dusitD2 hotel, dusitD2 Baraquda Pattaya, was opened in February 2009.

Dusit International's portfolio includes Dusit Princess Hotels and Resorts. The rebirth of the original Princess hotel came with the 1989 opening of the Royal Princess Larn Luang, Bangkok,.[19] There are seven Dusit Princess properties in Thailand.[20] The first Dusit Princess outside Thailand, Dusit Princess City Centre,Dubai, opened in December 2009.[21]

Dusit Thani Dongtai was the first Dusit Thani to launch in China.[22][23] Dusit Thani Fudu Qingfeng and dusitD2 Fudu Binhu Hotel also opened in 2016 followed by Dusit Thani Dongtai.

The group's other business are hotel management of both Thai and overseas properties, and education, through theDusit Thani College and a Bangkok culinary school joint venture withLe Cordon Bleu of France. In 1993, Thanpuying Chanut founded Dusit Thani College.[24] In 2009 it initiated a programme withLyceum of the Philippines University. Additionally, the college opened its new campus inPattaya in 2011.[24]

In August 2007, the Le Cordon Bleu Dusit Culinary School opened, making it the first of its kind in theSoutheast Asian region.[25]

Besides these, The Dusit Executive Development Center (DEDC) was established in 2005 as a subsidiary of Dusit Thani Public Co., Ltd. to provide executive training and development courses to individuals and various organisations.[26]

The dusitD2 Hotel inNairobi was the scene of the2019 Nairobi hotel attack.[27]

In April 2018, Dusit International introduced a new mid-market brand called ASAI Hotels.[28] In August 2025, Dusit Hotels brand was launched, with three properties already operating under Dusit in Doha, Hanoi, and Chengdu.[29]

Dusit Central Park

[edit]
Main article:Dusit Central Park

In 2017 it was announced that the Dusit Thani Hotel would be demolished in April 2018.[6] That date has been postponed for eight months: final checkout at the hotel will be at 14:00, 5 January 2019. The rebuilt hotel will open as part of a 36.7 billion baht mixed-use project to be built in partnership withCentral Pattana PLC.[30] When an entirely new Dusit Thani reopens its doors after a three-four year construction period, it will be taller but with fewer rooms – about 300 compared with the current 510.[6]

Hotel brands

[edit]

Dusit International operates over 300 properties in 18 countries, comprising hotels, resorts, and luxury villas under eight distinct brands, including Dusit Thani, Dusit Princess, dusitD2, Dusit Devarana, and ASAI Hotels.[31]

Hotel/ResortDusit BrandLocationCountryRef(s)Image
dusitD2 City Centre, BahraindusitD2ManamaBahrain
Yarkay Thimphu, BhutandusitD2ThimphuBhutan
dusitD2 Fudu Binhu HoteldusitD2ChangzhouChina
Dusit Thani Fudu Qingfeng GardenDusit ThaniChangzhouChina
Dusit Thani WujinDusit ThaniChangzhouChina
Dusit Thani DongtaiDusit ThaniDongtaiChina[32]
Dusit Devarana Hot Springs & Spa ConghuaDusit DevaranaGuangzhouChina
dusitD2 Society Hill, TianjindusitD2TianjinChina
Heritage Villas ZhouzhuangDusitZhouzhuangChina
Dusit Thani LakeView CairoDusit ThaniCairoEgypt
Dusit Princess Kuta, BaliDusit PrincessBaliIndonesia
dusitD2 NairobidusitD2NairobiKenya
Dusit Thani MaldivesDusit ThaniBaa AtollMaldives
Dusit Princess KathmanduDusit PrincessKathmanduNepal
Dusit Thani Mactan CebuDusit ThaniCebuPhilippines
dusitD2 Jebel AkhdardusitD2SaiqOman
Dusit Thani ManilaDusit ThaniMakati,ManilaPhilippines
dusitD2 The Fort, ManiladusitD2Taguig,ManilaPhilippines
Dusit Thani Residences DavaoDusit ThaniDavaoPhilippines
dusitD2 DavaodusitD2DavaoPhilippines
The Beach Club at Lubi Plantation IslandDusitDavaoPhilippines
Dusit Doha HotelDusitDohaQatar
dusitD2 SalwadusitD2DohaQatar
Dusit Thani Laguna SingaporeDusit Thani11 Laguna Golf GreenSingapore
Dusit Suites Hotel RatchadamriDusitBangkokThailand
Dusit Thani Bangkok (The original building was demolished to make way for the construction ofDusit Central Park complex, a new hotel of the same name is built within this complex)Dusit ThaniBangkokThailand[6]
Dusit Princess SrinakarinDusit PrincessBang Na,BangkokThailand
Pathumwan Princess MBK CentreDusit PrincessBangkokThailand
Royal Princess Larn LuangDusit PrincessBangkokThailand
ASAI Chinatown, BangkokASAIBangkokThailand
ASAI Sathorn, BangkokASAIBangkokThailand
dusitD2 Chiang MaidusitD2Chiang MaiThailand
Dusit Princess Chiang MaiDusit PrincessChiang MaiThailand
Dusit Thani Hua HinDusit ThaniCha-amThailand[33]
dusitD2 Khao YaidusitD2Nakhon RatchasimaThailand
Dusit Thani Krabi Beach ResortDusit ThaniKrabi ProvinceThailand[34]
dusitD2 Ao Nang, KrabidusitD2Krabi ProvinceThailand
Dusit Thani PattayaDusit ThaniPattayaThailand
Dusit Thani Laguna PhuketDusit ThaniPhuketThailand
Dusit Thani Abu DhabiDusit ThaniAbu DhabiUnited Arab Emirates[35]
Dusit Thani DubaiDusit ThaniDubaiUnited Arab Emirates
Dusit Princess Residence Dubai MarinaDusit PrincessDubaiUnited Arab Emirates
dusitD2 Kenz HoteldusitD2DubaiUnited Arab Emirates
Dusit Thani Guam ResortDusit ThaniGuamUnited States[36]
Dusit Princess Moonrise Beach ResortDusit PrincessPhu QuocVietnam
Dusit Princess RijasDusit PrincessDubaiUnited Arab Emirates
Dusit Suites AthensDusit SuitesAthensGreece[37]
Dusit Thani KyotoDusit ThaniKyotoJapan[38]

References

[edit]
  1. ^abcdAnnual Report 2016 Dusit Thani Public Company Limited(PDF). Bangkok. 2017. Retrieved18 August 2017.{{cite book}}: CS1 maint: location missing publisher (link)
  2. ^abc"Financial Highlights".Dusit International. Retrieved27 December 2018.
  3. ^Dusit International; Annual Report 2017(PDF). Bangkok: Dusit International. 2018. p. 64. Retrieved27 December 2018.
  4. ^Sritama, Suchat (2 September 2017)."Taking management to another level".Bangkok Post. Retrieved3 September 2017.
  5. ^"Thailand's First Lady of Hospitality".Tourism-Insider. 25 October 2009. Retrieved23 April 2016.
  6. ^abcdJanssen, Peter (18 August 2017)."End of a hospitality era in Bangkok".Asia Times. Retrieved19 August 2017.
  7. ^"Thanpying Chanut Piyaoui—35 Most influential Thais"(PDF).The Nation. 1 July 2006. Archived fromthe original(PDF) on 12 October 2012. Retrieved23 April 2016.
  8. ^ab"'Why shouldn't I be the one to build it?'".Arabian Business. 21 November 2007. Archived fromthe original on 30 May 2016. Retrieved23 April 2016.
  9. ^"Company Background, One of Asia's Leading Hotel Brands". Dusit Thani Public Company Limited. Retrieved23 November 2017.
  10. ^Phataranawik, Phatarawadee (22 December 2018)."Farewell to an icon".The Nation. Retrieved22 December 2018.
  11. ^ab"Company Background".Dusit International. Retrieved23 April 2016.
  12. ^"Asian Hotel Chains".Travel Weekly Asia. 11 April 2012. Retrieved16 June 2016.
  13. ^"The History of Dusit Hotels". Archived fromthe original on 9 August 2016. Retrieved16 June 2016.
  14. ^Fischer, Joachim (30 September 2011)."Dusit International – One of Asia's Leading Hotel Brands".Tourism-Insider. Retrieved16 June 2016.
  15. ^"Outrageous and Erroneous Supreme Court Ruling on Dusit Hotel case discussed in Church-Labor Conference congress".Labor Education and Research Network (LEARN). Manila. Retrieved16 June 2016.
  16. ^Dayrit, Christine S (30 March 2008)."Dusit Thani: Town in Heaven".The Philippine Star. Retrieved16 June 2016.
  17. ^"dusitD2 hotels + resorts = Dusit Lifestyle Collection". 18 January 2008. Retrieved16 June 2016.
  18. ^"Dusit Unveils New Brand in Chiang Mai".Hotel Business Review. 30 November 2006. Retrieved16 June 2016.
  19. ^"Dusit International – Asia's Leading Hotel Brands". 25 October 2009. Retrieved16 June 2016.
  20. ^"Dusit Princess Hotels & Resorts". Retrieved16 June 2016.
  21. ^"Dusit International Opens Dusit Princess City Centre".Khaleej Times. 2 December 2009. Retrieved16 June 2016.
  22. ^"China's First Dusit Thani Hotel Debuts in Jiangsu Province".
  23. ^"Dusit International to open first property in China". BusinessTraveller.com. 12 November 2009. Retrieved16 June 2016.
  24. ^ab"Dusit Thani College's newest Campus in Pattaya City Opens in June 2011". 8 April 2011. Retrieved16 June 2016.
  25. ^"The Threat Underground – Will Bangkok's venerable Dusit Thani close?".CNN. 30 November 2000. Archived fromthe original on 31 May 2016. Retrieved23 April 2016.[failed verification]
  26. ^"Dusit establishes Training and Development Company".Hospitality Net. 21 September 2005. Retrieved16 June 2016.
  27. ^"Nairobi DusitD2 hotel under attack as blasts and gunfire heard".BBC News. 15 January 2019. Retrieved15 January 2019.
  28. ^Sritama, Suchat (4 April 2018)."Dusit launches Asai with millennial focus".Bangkok Post. Retrieved11 November 2019.
  29. ^"Dusit International expands across the lodging spectrum, launches ninth hotel brand - Dusit Hotels".www.dusit-international.com. Retrieved15 August 2025.
  30. ^Sritama, Suchat (3 January 2018)."Final check-out at landmark Dusit Thani postponed".Bangkok Post. Retrieved4 January 2018.
  31. ^"Dusit Thani".dusit-international.com. Retrieved9 September 2025.
  32. ^"China's First Dusit Thani Hotel Debuts in Jiangsu Province". Hospitality Net. 21 January 2016. Retrieved16 June 2016.
  33. ^"Dusit Thani Hua Hin"(PDF).Dusit International. Retrieved18 August 2017.
  34. ^"Dusit Thani, Krabi, Thailand".Google Maps. Retrieved18 August 2017.
  35. ^"Authentic taste of Thai hospitality in the capital".The National. n.d. Retrieved16 June 2016.
  36. ^"Dusit Thani Guam Resort luxury villa suites showcase". Travel Daily News. 20 May 2016. Retrieved16 June 2016.
  37. ^"Dusit Suites Athens".dusit.com. Retrieved9 September 2025.
  38. ^"Dusit Thani Kyoto".dusit.com. Retrieved11 September 2025.
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