ONYX Hospitality targets THB 10.33b revenue in 2026

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ONYX Hospitality Group, a prominent hospitality management company in the Asia-Pacific region, has announced an ambitious growth strategy as it marks its 60th anniversary. The Group aims to achieve a revenue target of THB 10.33 billion in 2026, reflecting a 14% increase from the previous year. This growth will be supported by a THB 5.5 billion investment plan over the next three years, focusing on enhancing and upgrading existing properties.

Currently managing 49 properties, ONYX plans to expand its portfolio to over 75 properties by 2030. This expansion is part of a disciplined growth strategy aimed at strengthening its presence across Asia Pacific. The Group's CEO, Yuthachai Charanachitta, emphasised the importance of this milestone, stating, "We see this milestone not merely as a reflection of our past achievements, but as the beginning of our next phase of growth."

In 2026, ONYX will launch several new projects, including Shama Sukhumvit 101 Bangkok and Y Hotel Nanshan Shenzhen Inspired by OZO. The Group is also advancing a development pipeline with projects like Shama Rayong and Amari Resort & Villas, Samui. These initiatives are designed to reinforce ONYX's strategic expansion in key regional cities.

The Group's long-term strategic framework, "ONYX Universe," aims to enhance brand strength and competitiveness. This includes refining its core brands—Amari, OZO, Shama, and Oriental Residence—to better align with market demands. As ONYX continues its regional expansion, it remains committed to delivering sustainable value to its stakeholders


This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

Categories:Asia | Cultural Tourism | Hotels
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ONYX Hospitality targets THB 10.33b revenue in 2026

ONYX Hospitality Group, a prominent hospitality management company in the Asia-Pacific region, has announced an ambitious growth strategy as it marks its 60th anniversary. The Group aims to achieve a revenue target of THB 10.33 billion in 2026, reflecting a 14% increase from the previous year. This growth will be supported by a THB 5.5 billion investment plan over the next three years, focusing on enhancing and upgrading existing properties.

Currently managing 49 properties, ONYX plans to expand its portfolio to over 75 properties by 2030. This expansion is part of a disciplined growth strategy aimed at strengthening its presence across Asia Pacific. The Group's CEO, Yuthachai Charanachitta, emphasised the importance of this milestone, stating, "We see this milestone not merely as a reflection of our past achievements, but as the beginning of our next phase of growth."

In 2026, ONYX will launch several new projects, including Shama Sukhumvit 101 Bangkok and Y Hotel Nanshan Shenzhen Inspired by OZO. The Group is also advancing a development pipeline with projects like Shama Rayong and Amari Resort & Villas, Samui. These initiatives are designed to reinforce ONYX's strategic expansion in key regional cities.

The Group's long-term strategic framework, "ONYX Universe," aims to enhance brand strength and competitiveness. This includes refining its core brands—Amari, OZO, Shama, and Oriental Residence—to better align with market demands. As ONYX continues its regional expansion, it remains committed to delivering sustainable value to its stakeholders


This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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