Dusit celebrates Michelin recognition across its global portfolio, led by Two-Key status for flagship Dusit Thani Bangkok

Latest Michelin Guide distinctions span hotels and restaurants in Thailand, Japan, the Philippines, and the UAE, reflecting the breadth of Dusit’s hospitality offering

BANGKOK, THAILAND - Media OutReach Newswire - 28 September 2026 -Dusit Hotels and Resorts, the hotel arm of Dusit International, one of Thailand's leading hotel and property development companies, is celebrating continued Michelin recognition across its international portfolio, spanning distinctive hotel stays and dining experiences across multiple brands and markets.

Dusit Thani Bangkok, Dusit's reimagined flagship hotel overlooking Lumpini Park, has been elevated to Two Michelin Keys in the Michelin Guide's 2026 global hotel selection.

Leading the latest honours is Dusit Thani Bangkok, Dusit's reimagined flagship hotel opposite Lumpini Park in the heart of the Thai capital, which has been elevated from One to Two Michelin Keys – denoting an exceptional stay – in the Michelin Guide's 2026 global hotel selection.

Rebuilt on the site of the original hotel, which opened in 1970 and closed for redevelopment in 2019, the 257-room property reopened in September 2024 as a key component of Dusit Central Park, a landmark mixed-use development bringing together the hotel, luxury residences, offices, retail, and an expansive rooftop park.

Conceived to set a new benchmark for the Dusit Thani brand, Dusit Thani Bangkok presents a contemporary interpretation of its predecessor's distinctive identity, with all guest rooms offering sweeping views of Lumpini Park. The hotel reflects a broader evolution of Dusit's luxury offering, centred on combining the group's Thai hospitality heritage with contemporary design and highly personalised service, while shaping each property's experiences around its destination.

This approach is reflected to award-winning effect elsewhere in Dusit's global portfolio. Dusit Thani Kyoto in Japan and Dusit Thani Mactan Cebu Resort in the Philippines have each retained One Michelin Key – denoting a very special stay – maintaining Dusit's Michelin Key presence across three countries while demonstrating how the brand's Thai-inspired gracious hospitality can take distinct forms in different locations.

Beyond its Michelin Key properties, ASAI Bangkok Chinatown, ASAI Bangkok Sathorn, and ASAI Kyoto Shijo – all part of Dusit's locally focused lifestyle brand, ASAI Hotels – are also included in the Guide's curated hotel selection, comprising properties chosen by Michelin's inspectors for their quality, individual character, and connection to their destinations.

Michelin recognition also extends to Dusit's dining experiences. At Dusit Thani Bangkok, Cannubi by Umberto Bombana holds One Michelin Star in the Michelin Guide Thailand 2026 – making it the only Italian restaurant in Thailand to hold the distinction. The contemporary Italian restaurant received its first Star when the 2026 edition was announced in November 2025.

Elsewhere in Bangkok, Thien Duong, the Vietnamese restaurant at Baan Dusit Thani, retains its Michelin Bib Gourmand, recognising good-quality, good-value cooking.

In the Philippines, Benjarong, serving refined Thai cuisine, and Umu, specialising in Japanese dining, at Dusit Thani Manila are both included as Michelin Selected restaurants in the Michelin Guide Philippines 2026.

In the UAE, Namak, serving contemporary Indian cuisine at Dusit Thani Abu Dhabi, continues its run as a Michelin Selected restaurant.

Collectively, the Michelin recognition spans multiple Dusit brands, destinations, and hospitality experiences, from luxury and lifestyle hotels to a diverse range of dining concepts.

"Receiving Two Michelin Keys for Dusit Thani Bangkok is a tremendous honour, and one made even more meaningful by the wider Michelin recognition our hotels and restaurants continue to receive across several destinations," said Chanin Donavanik, Group CEO, Dusit International. "These achievements belong first and foremost to our teams, whose skill, creativity, and care shape the experiences our guests enjoy every day. They also affirm our belief that staying true to our Thai hospitality heritage while continually evolving for the needs of today's travellers can create experiences that resonate far beyond our home market. We are immensely proud of what our teams have achieved, and we will continue building on this foundation across our portfolio."

High-resolution images and a short video accompanying this media release are available here: Dusit celebrates Michelin recognition

For more information about Dusit Hotels and Resorts, please visit dusit.com.

Hashtag: #Dusit

The issuer is solely responsible for the content of this announcement.

About Dusit Hotels and Resorts

Dusit Hotels and Resorts is the hotel arm of Dusit International. With a heartfelt belief and commitment to introducing Thai-inspired gracious hospitality to the world, Dusit Hotels and Resorts offers guests a uniquely special stay in high-style surroundings and a personalised approach to service. The group's portfolio of hotels, resorts and luxury villas includes close to 300 properties operating under a total of nine brands (Devarana – Dusit Retreats, Dusit Thani, Dusit Suites, Dusit Collection, Dusit Hotels, dusitD2, Dusit Princess, ASAI Hotels, and Elite Havens) across 19 countries worldwide.

For more information, please visit dusit.com

About Dusit International

Established in 1949, Dusit International is a leading hospitality group listed on the Stock Exchange of Thailand. Its operations comprise five distinct yet complementary business units: Dusit Hotels and Resorts, Dusit Hospitality Education, Dusit Foods, Real Estate Development, and Hospitality-Related Services.

Dusit's diversified investments in real estate development, hospitality-related services, and the food sector are part of its long-term strategy for sustainable growth, which focuses on three key areas: balance, expansion, and diversification.

For more information, please visit dusit-international.com

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Banyan Group Residences records 900 per cent year-on-year rise in luxury sales value, underlining the widening gap between prime and mass-market residences

PHUKET, THAILAND – Media OutReach Newswire – 28 September 2026 – Phuket's residential property market is becoming increasingly polarised. Genuinely differentiated luxury residences continue to attract strong demand, while lower-priced, investment-led segments are showing signs of saturation and, in some areas, oversupply. Banyan Group Residences, whose luxury sales value in Phuket rose 900 per cent year-on-year to nearly US$50 million, illustrates the resilience of well-located, high-quality residences even as conditions become tougher elsewhere in the market.

Phuket's residential market splits in two as luxury demand builds while lower-tier supply outpaces demand

The divide is becoming more pronounced. There is a clear distinction between genuinely differentiated luxury residences and more commoditised products built for short-term speculation. Premium buyers continue to commit capital to prime locations, trusted brands and long-term lifestyle value, while a wave of new, commoditised supply aimed largely at short-term investment has outpaced demand at the lower end, intensifying competition and, in some cases, leaving units unsold.

Among Banyan Group Residences' results, sales of the exclusive luxurious Banyan Tree Beach Residences projects Oceanus, Varuna, Aegir and Nammu have recorded an increase in sales of 900 percent year-on-year including what is believed to be the most expensive condominium transaction recorded in Phuket to date.

Bangtao and the wider Laguna Phuket area have emerged as the island's most sought-after residential locations, combining west-coast beaches with an established international community and a growing concentration of restaurants, schools, wellness and lifestyle amenities - characteristics of a mature international market rather than an emerging one.

Continued interest from high-net-worth buyers seeking to diversify wealth into tangible, personally enjoyable assets amid currency depreciation, inflation and market volatility is also supporting demand at the top of the market. Today's luxury buyer is acquiring a home that supports their family's lifestyle and serves as a long-term store of value - not a speculative purchase based on short-term rental projections, the kind of buying that has fuelled much of the oversupply at the lower end.

Thailand's political stability, established tourism economy and relative distance from regional conflicts continue to support demand from buyers across Europe, Asia, the Middle East and beyond, though unevenly across price tiers.

As supply increases across the wider market, buyers are expected to place greater emphasis on developers' track record, construction quality, professional management and reputable services. The market is not weakening uniformly - it is becoming more polarised, with well-positioned luxury developments continuing to perform strongly while oversupplied, lower-tier projects face a longer period of adjustment, encouraging higher standards, greater transparency and a stronger focus on sustainable development across the industry.

Banyan Group Residences will continue to focus on prime locations, distinctive high-quality design and the creation of residential communities that deliver lasting value for owners.

Hashtag: #BanyanGroupResidences

https://www.banyangroupresidences.com/

The issuer is solely responsible for the content of this announcement.

About Banyan Group Residences

Banyan Group Residences forms part of Banyan Group, one of the world's leading independent hospitality groups. Its residential portfolio is supported by the group's experience developing and operating hotels, resorts, residences, spas and integrated destinations worldwide. At Laguna Phuket, residents benefit from access to one of Asia's most established integrated resort communities, comprising hotels, restaurants, spas, an 18-hole golf course, wellness and leisure facilities, retail services and extensive beachfront surroundings.

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **