Laguna Phuket
Laguna Resorts & Hotels (LRH) Public Company Limited was formerly named Thai Wah Resorts Development Company Limited and founded in 1983. It shortly thereafter acquired a large parcel of land on the site of an abandoned tin mine at Bangtao Bay, Phuket, Thailand which was later developed to become the Laguna Phuket integrated resort complex.
LRH has become recognised and admired as one of the region's leading resorts and most successful environmental projects. The resort is allied with Banyan Tree Holdings in Singapore.
The group's capital investment in Laguna Phuket in the 1980's was over 5 billion baht (US$200 million) representing the single largest investment in Phuket at that time.
LRH has a clearly defined corporate mission designed to further its business aims and generate maximum returns for its shareholders.
Principal in the Company’s mission statement is to include a culture of cooperation between the hotels and business units to ensure a positive experience for each and every hotel guest, holiday club member and property owner in Laguna Phuket, its most significant investment.
Paramount in its mission of generating continued growth through expansion, innovation and maximisation of market share, the Company seeks to conduct its operations in an environmentally sensitive manner.
LRH seeks to expand its market share through developing or acquiring projects in Thailand and in the ASEAN region. It invests in well-structured projects taking into consideration our area of expertise, projects’ economies of scale with acceptable return and risk profile. LRH focuses on achieving sustainable long-term growth for the company while having strong management and good corporate governance.
