- CEO
- Verawat Ongvasith
- Full Time Employees
- 981
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- 555 Rasa Tower Building Bangkok BM Thailand 10900
- IPO Date
- May 3, 2019
- Business
- Veranda Resort Public Company Limited engages primarily in the hotel and resort operations, real estate development, and food and beverage businesses in Thailand. Founded in 1991 and headquartered at 555 Rasa Tower Building, Floor 27, Units 2701-2704, Phaholyothin Road, Chatuchak, Bangkok 10900, the company operates seven hotels including Veranda Resort & Villas Hua Hin Cha Am (137 rooms with restaurants, spa, infinity pool, fitness, kids club, conference facilities), Veranda High Resort Chiang Mai (71 rooms with multiple dining options, spa, infinity pool overlooking valley, cultural pavilion), SO/ Bangkok (237 rooms featuring Chocolab, Red Oven, Mixo, The Water Club, Hi-So Rooftop Bar, KOF, ballroom for 400 guests), Veranda Resort Pattaya Na Jomtien, VERSO Hua Hin (38 rooms), Veranda Collection Samui – Rocky Resort (with recent 20-room extension), and Veranda Resort Phuket – Autograph Collection (newly launched luxury property blending modern design with mountain and sea views); it also develops residential condominiums such as ready-to-move-in Veranda High Residence Chiang Mai, Veranda Residence Pattaya, Veranda Residence Hua Hin, alongside ongoing projects like Veranda Pool Villa Hua Hin - Cha Am, Veranda Villas and Suite Phuket; additional services encompass property rentals, human resource outsourcing, and management services, previously including cafes and restaurants like Skoop Beach Café, KOF, Gram Pancakes, and Pablo Cheese Tart prior to recent cessation of select food and beverage operations. The company targets leisure and business travelers, domestic and international tourists in key destinations including Hua Hin-Cha Am, Pattaya, Chiang Mai, Bangkok, Koh Samui, and Phuket, with a focus on modern contemporary architecture, personalized experiences, and sustainability awards such as MICHELIN Key, Agoda Gold Circle, and ASEAN Green Hotel Standard. Recent developments include the official launch and operation of Veranda Resort Phuket – Autograph Collection in 2024, commencement of 20 additional rooms at Veranda Collection Samui – Rocky Resort, cessation of certain food and beverage businesses to streamline operations, participation in the Stock Exchange of Thailand's Sustainability Disclosure Project, lobby improvements at SO/ Bangkok for enhanced competitiveness, and ongoing construction of Veranda Villas and Suite Phuket following shareholding adjustments and capital increases in subsidiaries like VL Phuket Company Limited in 2023.