YY Group Secures Five New Luxury Hotel Clients in Thailand
YY Group (NASDAQ:YYGH), a global leader in workforce solutions and integrated facility management, has announced that its subsidiary YY Circle Thailand has secured contracts with five prestigious hotel clients: Hyatt, Sheraton, and three Chatrium Hotels & Residences properties.
The expansion follows YY Circle Thailand's acquisition earlier this year and builds upon its existing client portfolio, which includes Central Group, CP All, Shangri-La, and Banyan Tree. The new partnerships are expected to contribute significantly to YY Group's 2025 revenue from the Thai market, leveraging the company's technology-enabled staffing and hotel services platform.
CEO Mike Fu highlighted these partnerships as validation of their platform's strength, while Country Director Jirapat Haetanurak emphasized how securing these clients demonstrates the trust leading hospitality brands place in their team.
YY Group (NASDAQ:YYGH), leader globale nelle soluzioni per la forza lavoro e nella gestione integrata delle strutture, ha annunciato che la controllata YY Circle Thailand ha assicurato contratti con cinque importanti hotel: Hyatt, Sheraton e tre proprietà di Chatrium Hotels & Residences.
L'espansione segue l'acquisizione di YY Circle Thailand all'inizio di quest'anno e si basa sul portafoglio clienti esistente, che include Central Group, CP All, Shangri-La e Banyan Tree. Le nuove partnership dovrebbero contribuire in modo significativo al fatturato 2025 del Gruppo YY dal mercato thailandese, sfruttando la piattaforma tecnologica per l'affiancamento del personale e i servizi alberghieri.
Il CEO Mike Fu ha evidenziato queste partnership come una convalida della forza della loro piattaforma, mentre il Country Director Jirapat Haetanurak ha sottolineato che l'acquisizione di questi clienti dimostra la fiducia che i principali marchi dell'ospitalità ripongono nel loro team.
YY Group (NASDAQ:YYGH), líder global en soluciones de fuerza laboral y gestión integrada de instalaciones, ha anunciado que su subsidiaria YY Circle Thailand ha asegurado contratos con cinco prestigiosos clientes hoteleros: Hyatt, Sheraton y tres propiedades de Chatrium Hotels & Residences.
La expansión se produce tras la adquisición de YY Circle Thailand a principios de este año y se apoya en su cartera de clientes existente, que incluye Central Group, CP All, Shangri-La y Banyan Tree. Las nuevas asociaciones se espera que contribuyan de manera significativa a los ingresos de 2025 del Grupo YY desde el mercado tailandés, aprovechando la plataforma tecnológica de dotación de personal y servicios hoteleros.
El CEO Mike Fu destacó estas asociaciones como una validación de la fortaleza de su plataforma, mientras que el Country Director Jirapat Haetanurak subrayó que asegurar estos clientes demuestra la confianza que las principales marcas de hospitalidad depositan en su equipo.
YY Group (나스닥:YYGH)은 인력 솔루션과 통합 시설 관리 분야의 글로벌 선두주자로, 자회사 YY Circle Thailand이 Hyatt, Sheraton, 그리고 세 곳의 Chatrium Hotels & Residences를 포함한 다섯 곳의 명문 호텔 고객과 계약을 체결했다고 발표했다.
이번 확장은 올해 초 YY Circle Thailand의 인수에 이어 이루어졌으며 Central Group, CP All, Shangri-La 및 Banyan Tree를 포함하는 기존 고객 포트폴리오를 바탕으로 한다. 새로운 파트너십은 태국 시장에서 YY Group의 2025년 매출에 상당한 기여를 할 것으로 기대되며, 기술 기반의 인력 배치 및 호텔 서비스 플랫폼을 활용한다.
CEO Mike Fu는 이 파트너십들을 플랫폼의 강점에 대한 입증으로 보았고, 국내 지사장 Jirapat Haetanurak은 이 고객 확보가 선도적 환대 브랜드가 자사의 팀을 얼마나 신뢰하는지 보여준다고 강조했다.
YY Group (NASDAQ:YYGH), leader mondial des solutions de main-d'œuvre et de la gestion intégrée des installations, a annoncé que sa filiale YY Circle Thailand a obtenu des contrats avec cinq clients hôteliers prestigieux : Hyatt, Sheraton et trois propriétés de Chatrium Hotels & Residences.
Cette expansion fait suite à l'acquisition de YY Circle Thailand au début de l'année et s'appuie sur son portefeuille de clients existant, qui comprend Central Group, CP All, Shangri-La et Banyan Tree. Les nouveaux partenariats devraient contribuer de manière significative aux revenus 2025 du groupe YY issus du marché thaïlandais, en tirant parti de la plateforme technologique de dotation de personnel et de services hôteliers.
Le PDG Mike Fu a qualifié ces partenariats de validation de la force de leur plateforme, tandis que le directeur pays Jirapat Haetanurak a souligné que l'obtention de ces clients démontre la confiance que les grandes marques de l'hôtellerie accordent à leur équipe.
YY Group (NASDAQ:YYGH), weltweiter Marktführer für Personallösungen und integriertes Facility Management, hat bekannt gegeben, dass seine Tochtergesellschaft YY Circle Thailand Verträge mit fünf renommierten Hotelkunden abgeschlossen hat: Hyatt, Sheraton und drei Chatrium Hotels & Residences-Einrichtungen.
Die Expansion erfolgt nach der Übernahme von YY Circle Thailand zu Beginn dieses Jahres und baut auf dem bestehenden Kundenportfolio auf, zu dem Central Group, CP All, Shangri-La und Banyan Tree gehören. Die neuen Partnerschaften sollen voraussichtlich signifikant zum Umsatz von YY Group im Jahr 2025 aus dem thailändischen Markt beitragen, indem die technologisch gestützte Personalbereitstellung und Hotelservice-Plattform des Unternehmens genutzt wird.
CEO Mike Fu hob diese Partnerschaften als Bestätigung der Stärke der Plattform hervor, während der Country Director Jirapat Haetanurak betonte, wie der Gewinn dieser Kunden zeigt, welches Vertrauen führende Hospitality-Marken in ihr Team setzen.
YY Group (ناسداك: YYGH)، الرائدة العالمية في حلول القوى العاملة وإدارة المرافق المتكاملة، أعلنت أن شركتها التابعة YY Circle Thailand قد أبرمت عقوداً مع خمسة عملاء فنديين مرموقين: Hyatt وSheraton وثلاثة فنادق من Chatrium Hotels & Residences.
يأتي التوسع بعد استحواذ YY Circle Thailand في وقت مبكر من هذا العام ويعزز محفظة عملائها الحالية التي تضم Central Group و CP All وShangri-La وBanyan Tree. من المتوقع أن تساهم الشراكات الجديدة بشكل كبير في إيرادات YY Group لعام 2025 من السوق التايلاندية، مع الاستفادة من المنصة التقنية لتوفير القوى العاملة وخدمات الفنادق.
أشار المدير التنفيذي Mike Fu إلى أن هذه الشراكات تشكل دليلاً على قوة منصتهم، بينما أكد مدير البلد Jirapat Haetanurak أن تأمين هؤلاء العملاء يعكس الثقة التي تضعها أبرز علامات الضيافة في فريقهم.
YY Group（纳斯达克股票代码：YYGH），全球人力解决方案与一体化设施管理的领导者，宣布其子公司 YY Circle Thailand 已与五家知名酒店客户签约：Hyatt、Sheraton 及三家 Chatrium Hotels & Residences 物业。
此次扩张是在今年早些时候收购 YY Circle Thailand 之后进行的，并在其现有客户组合基础上推进，该组合包括 Central Group、CP All、Shangri-La 与 Banyan Tree。
新合作预计将通过其科技驱动的人才配置与酒店服务平台，为 YY Group 来自泰国市场的 2025 年收入作出重大贡献。
首席执行官 Mike Fu 将这些伙伴关系视为对其平台实力的验证，而国家经理 Jirapat Haetanurak 则强调，获得这些客户显示了领先酒店品牌对其团队的信任。
- Secured five new luxury hotel contracts with major brands (Hyatt, Sheraton, Chatrium)
- Expected significant contribution to 2025 revenue from Thai market
- Expansion of client portfolio following successful acquisition integration
- Strategic growth in Southeast Asian market with technology-enabled services
- Potential integration challenges with newly onboarded hotel clients
- Exposure to travel and tourism sector volatility
- Increased competition in Southeast Asian hospitality market
Insights
YY Group's expansion in Thailand's luxury hotel market strengthens regional presence and diversifies revenue streams through strategic client acquisitions.
YY Group's Thai subsidiary has secured five significant luxury hotel contracts with Hyatt, Sheraton, and three Chatrium Hotels & Residences properties. This strategic expansion builds upon YY Circle Thailand's existing portfolio that already includes Central Group, CP All, Shangri-La, and Banyan Tree.
The timing is particularly notable as these contracts were secured shortly after YY Group's acquisition of YY Circle Thailand earlier this year, demonstrating immediate synergistic benefits from the integration. These partnerships significantly enhance YYGH's footprint in the competitive Southeast Asian hospitality market and show the company's ability to attract both international hotel chains and prestigious local brands.
From an operational perspective, this development represents more than just client acquisition. YY Group is leveraging its technology-enabled staffing and services platform to provide integrated facility management solutions tailored to the hospitality sector. This approach creates potential for higher-margin service delivery compared to traditional workforce solutions.
Management expects these new partnerships to contribute meaningfully to 2025 revenue, indicating the contracts are substantial in size. This expansion aligns with YY Group's broader regional growth strategy, using Thailand as a key market to strengthen its position in Southeast Asia's hospitality sector. The company appears to be executing a deliberate diversification strategy, balancing global brands with strong local players to mitigate client concentration risk.
Strategic Wins with Hyatt, Sheraton and Chatrium Hotels
Since being acquired by YY Group earlier this year, YY Circle Thailand has continued to build on its established client base, which already included leading names such as Central Group, CP All, Shangri-La, and Banyan Tree. The addition of Hyatt, Sheraton, and Chatrium further strengthens YY Group's presence in
These partnerships underscore YY Circle Thailand's ability to attract internationally recognized hotel brands while leveraging its technology-enabled staffing and hotel services platform to enhance operational efficiency and deliver greater value to clients.
Chatrium Hotels & Residences
Chatrium Hotels & Residences is a renowned Thai hospitality group offering luxury hotels and serviced residences in
Growth Outlook & Strategic Vision
The signing of these five hotel clients represents a major milestone in YY Circle Thailand's expansion. Management expects the subsidiary to play a significant role in YY Group's revenue pipeline in 2025 and beyond, driven by growing demand for staffing, hotel operations support, and technology-enabled services.
"These new partnerships validate the strength of our platform and our ability to support top-tier hotels in
Jirapat Haetanurak, Co-founder and Country Director of YY Circle Thailand, added, "Securing these five landmark hotel clients so soon after joining the YY Group family demonstrates the trust leading hospitality brands place in our team. By combining YY Circle Thailand's local expertise with YY Group's technology and resources, we are well-positioned to deliver even greater value to our partners and accelerate growth across the Thai market."
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the
Factors that could cause actual results to differ materially from those expressed or implied in any forward-looking statement include, but are not limited to: (i) the performance of newly onboarded hotel clients, including Hyatt, Sheraton, and Chatrium properties; (ii) the Company's ability to successfully integrate and scale its services in
In some cases, forward-looking statements can be identified by terminology such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," or other similar expressions. These statements are made only as of the date of this press release. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law.
About YY Holdings Limited
YY Group Holding Limited (Nasdaq: YYGH) is a
Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in
Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.
For more information on the Company, please log on to https://yygroupholding.com/.
Investor Contact
Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com
Mark Niu, Chief Strategy Officer,
YY Group
mark.niu@yygroupholding.com
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SOURCE YY Group Holding Limited
FAQ
What new contracts did YY Group (YYGH) secure in Thailand for 2025?
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