Centara Hotels & Resorts, and Varivana Resort Koh Phangan Company Limited, announced the signing of a Hotel Management Agreement (HMA) for Varivana Resort Koh Phangan. This agreement marks Centara's debut property on the island and highlights the company's ongoing dedication to expansion in the world's most sought-after destinations.
Varivana Resort Koh Phangan, a 39-key boutique property, is set to commence operations under Centara's management from 16 September 2024. The resort, which first opened its doors in January 2020, has already garnered acclaim for its distinctive loft-style design and commitment to providing an exceptional guest experience.
"We are thrilled to welcome Varivana Resort Koh Phangan into our portfolio," said Thirayuth Chirathivat, Chief Executive Officer of Centara Hotels & Resorts. "This property's unique design and dedication to quality align perfectly with our vision to offer diverse and memorable experiences to our guests. Koh Phangan's rising popularity as both a leisure and workation destination makes this an exciting addition to our collection."
Hongnapa Lawanangkul, the owner of Varivana Resort Koh Phangan Company Limited, stated, "Partnering with Centara Hotels & Resorts marks an exciting new chapter for Varivana Resort. We believe this collaboration will further elevate our unique offering and introduce more travellers to the exceptional experience our tropical hideaway provides on this beautiful island."
Drawing inspiration from its name, with "Vari" meaning sea and "Vana" meaning mountain, Varivana Resort Koh Phangan embodies a harmonious blend of nature and modern comfort. As "the place where the mountains meet the sea," this serene retreat offers guests panoramic views of the lush landscape and the glistening waters of the Gulf of Thailand, a 28-metre rooftop saltwater infinity pool, a rejuvenating spa, and stunning restaurant and bar. With easy access to Thong Sala Pier and an array of island adventures such as cycling, snorkelling, island-hopping excursions, and the world-famous Full Moon party, Varivana Resort masterfully blends privacy and relaxation with the thrill of local exploration.
Varivana Resort has quickly established itself as a standout property on the island, being recognised as one of the "100 Best Design - Small Resorts and Hotels" by Room Magazine and featured in the prestigious international architecture and design publication, art4d magazine.
For more information, please visit Centara's website at https://www.centarahotelsresorts.com/
SCGP announced its operating results for the first quarter of 2025, reporting total revenue from sales of Baht 32,209 million, EBITDA of Baht 4,232 million, and profit for the period of Baht 900 million, an increase from the previous quarter. The performance was driven by the company's agile adaptation strategy and expansion into the ASEAN market to capture domestic consumer demand. SCGP is advancing its medical supplies business, establishing a production base for syringes and needles
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