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PTT eyes budget hotels and more outlets in its gas stations

PTT Public Company has revived for consideration its shelved project to open budget hotels in its selected gas stations to cater to the need of travelers.

PTT's assistant president for retailing business Mr Suchart Ramat said the company would reconsider the budget hotel project, with a plan to open budget hotels with 70 rooms at 700 baht per day in selected gas stations on main highways.

He disclosed that 5-6 investors had shown interest in the project, but PTT would select only just one to implement the project.

He went on saying that the company had attached importance to retail stores in compact model in smaller PTT gas stations which currently house convenience store such as 7-Eleven and coffee outlet such as Amazon.

PTT is eyeing to add 50 more convenience stores and coffee outlets in its gas stations this year on top of about ten in operations which are proven popular for travelers.

PTT's retailing business plan for its gas stations which are divided into four categories in accordance with their sizes is as follows: huge stations which are at least 10 rai in size each, there will be ten brandname stores or outlets; 5 stores for stations of 6-7 rai space each; 2-3 stores for stations between 3-5 rai in size and 1-2 stores of stations with 1-2 rai space.

Source: Thai Public Broadcasting Service (Thai PBS)