Dusit Makes Bigger Play for Europe With New Joint Venture in France
Dusit International is making its first serious move into Western Europe. The Bangkok-based hotel group confirmed this month it has partnered with French real estate investment firm Sydel to launch 'Dusit France,' a development joint venture that aims to open multiple hotels across the country.
The partnership will focus on repositioning existing properties under Dusit brands, rather than developing new builds. It's a cautious, asset-light approach aimed at reducing risk in a market where Dusit has no operating history.
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