12 August 2024
12 August 2024
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Ground-breaking for the new oceanfront tower, which will feature 161 accommodations, occurred in May 2023.
The company’s adjusted EBITDA was $161.74m in Q2 2024, up from $153.10m in Q2 2023.
The 402-key property will start operating under the Minor umbrella following extensive renovation.
The new TreeHouse Narmade resort will offer a variety of activities such as evening river cruises.
The hotel features 163 guest rooms and suites, pool area with cabanas, podcast studio, meeting space, and more.
Looking ahead, Ellison plans to invest in the property to enhance the guest experience.
The development, to be located on Rama 3 Road, is part of a new lifestyle complex that includes a community mall.
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