The company continued its strategy of building new businesses by entering into two new business lines, retail real estate development and hospitality industry. As a retail real estate developer, the company owns and operates the three locations of OUTLET MALL, the premium upscale outlet concept in Thailand. With the great success of the existing projects in Pattaya, Cha-am and Khao-yai, Pena Group is committed to working on their expansion plan to develop the three new projects in Phuket, Krabi and Ayuthaya, which are due to open in year 2008.
Pena Group has repeated its successful investment by the opening of IYARA BEACH HOTEL & PLAZA, the 4 stars boutique hotel in Samui Island, one of the world class destinations for all tourists. Since the group has seen the great opportunity in the hospitality business, it recently has invested in a restaurant business and expected to complete three locations by early 2008.
Today, Pena Group is one of the country’s highest rates of development, growth and expansion in retail business. The group is committed to invest and support the existing businesses as well as to deploy our resources and talents to prepare our company for the next stage of competition.