President & Group CEO
Prab Thakral – President & Group CEO – Boutique Corporation Public Company Limited.
In 2004, Mr. Thakral founded Thailand based Thakral Land Ltd. and its related companies, the Boutique Group of Companies. Today the group is known as Boutique Corporation Public Company Limited, where Mr. Thakral is currently the Group CEO and a major shareholder. After initiating his first serviced apartment development in 2004, Mr. Thakral spearheaded the rapid development of mid-market hospitality properties in Thailand that include the Citadines branded apart-hotel product across Bangkok. Since its inception the company has spawned a successful development platform under Mr. Thakral’s management, primarily focusing on internationally branded and managed limited service hospitality products and mid tier hotels in Thailand. Mr. Thakral is currently spearheading the development of Boutique’s first retail real estate platform, with more projects being planned in the pipeline after the successful launch of its first lifestyle mall (Rain Hill) in early 2012. In addition to the company’s first hospitality property launch in Phuket (the opening of Hyatt Place in Phuket in March 2016, the first Hyatt Place in South East Asia), the company recently launched Journey Hub Patong signifying Boutique’s first self operated hotel under its own brand. Recently, Mr. Thakral has further overseen the group’s expansion entering into Chiangmai with a number of hospitality projects, further expansion with more projects in Phuket and further launched new commercial developments in Bangkok known as Summer Hill and Summer Hub. Over the years, Mr. Thakral’s successful launch and operations of hospitality projects has attracted the investment of world recognized financial institutions and hospitality operators.
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Prab Thakral, President & Group CEO, Boutique Group