Asset World Corp begins construction of Bangkok’s second Ritz-Carlton hotel

Thai real estate group, Asset World Corp (AWC), has commenced construction of The Ritz-Carlton Bangkok, The Riverside in a heritage area of the Thai capital.

Set to open in 2028, the 168-key hotel will rise in The Lhong 1919 Riverside Heritage Destination and aims to inspire all travellers with a blend of world-class luxury hospitality, curated culinary experiences, cultural discovery, and innovative wellness experiences.

Asset World Corp begins construction of The Ritz-Carlton Bangkok, The Riverside

Wallapa Traisorat, chief executive officer and president of Asset World Corp, said in a release that the project marked “a significant milestone” of its partnership with Marriott International.

“The initiative aims to offer a transformative integrated wellness experience that redefines urban wellness retreats, positioning Bangkok as a world-class resort destination in the heart of the city and support sustainable tourism. This landmark development not only preserves the Thai-Chinese heritage of The Lhong 1919 Riverside Heritage Destination and the sacred Mazu Shrine, but also aligns with Thailand’s vision to strengthen its tourism sector by creating destinations that attract quality international visitors,” Wallapa detailed.

Brad Edman, market vice president, Marriott International – Thailand, Cambodia and Myanmar, added: “At Marriott International, we believe luxury hospitality lies in honouring heritage while embracing innovation. Our partnership with AWC on The Ritz-Carlton Bangkok, The Riverside is a shining example of this philosophy.

“The property is perfectly situated at the historic The Lhong 1919 Riverside Heritage Destination, which is set to become Thailand’s premier destination for wellness and culture. This project stands as a beacon of sustainable tourism – where cultural conservation, community engagement, and international standards of excellence come together to create a unique experience for discerning travelers from around the world.”

The Lhong 1919 Riverside Heritage Destination was formerly a steamship port and trade hub that played a vital role in Bangkok’s maritime trade history. The site stands as one of the last remaining examples of Chinese craftsmanship in South-east Asia and has been designated a national heritage site. Today, it remains a spiritual sanctuary – home to the revered Mazu Shrine, where generations of devotees continue to gather in faith and reverence.

 

 

Source: https://www.ttgasia.com/2025/06/13/asset-world-corp-begins-construction-of-bangkoks-second-ritz-carlton-hotel/