Thailand: The StandardX, sister model to The Commonplace, has opened its second property within the portfolio, situated within the Thai capital metropolis of Bangkok.
The StandardX, Bangkok Phra Arthit has been designed in collaboration with The StandardX’s in-house staff and Studio Freehand.
It presents 62 visitor rooms throughout 4 classes together with a ground-floor, all-day Thai restaurant BANG, pop-up retail idea The Field with grab-and-go choices, a rooftop pool bar serving a Mexican-inspire menu, and a rotating artwork gallery.
The close by Silapakorn College and 10 10 Artwork Area showcases each visiting and everlasting collections by native artists, launching with Gongkan and MRKREME. Each artists have been commissioned to brighten the resort’s avenue aspect and riverfront façades.
The Bangkok resort joins the model’s debut property The StandardX, Melbourne, which opened in August this 12 months. Elsewhere in Thailand, further areas embody Phuket.
Hyatt acquired Commonplace Worldwide, the mum or dad firm of The StandardX, earlier this 12 months for a base buy value of $150 million. As much as $185 million could possibly be invested over time as further properties enter the portfolio.
Thai developer Sansiri PLC, which acquired a majority stake in Commonplace Worldwide in 2017, will proceed to personal a number of properties that shall be managed or franchised underneath the acquired manufacturers.
