Standard Hotels Has a New Major Investor From Thailand
https://skift.com/2017/11/08/standard-hotels-has-a-new-major-investor-from-thailand/
Thailand... experts in human sex trafficking.
Sansiri Public Company Ltd., a Bangkok-based real estate developer, is investing $58 million into Standard International and One Night, securing a 35 percent stake in the company. Thats part of an overall $80 million investment in a handful of technology and lifestyle companies, Sansiri announced Wednesday.
As Skift has noted before, theres increasing interest among developers and the hospitality industry overall into the concept of co-working and co-living spaces, so Sansiris investment in JustCo, one of Southeast Asias largest providers of co-working spaces, makes plenty of sense here.
Co-working and co-living spaces - sounds kind of like the plantations Gewgle and Fakebook are interested in for their slaves (employees).
Sansiri, a child-friendly business organisation, supports the end of child labour. We have extended our collaboration with contractors to provide "Child-Friendly Spaces" at construction sites.
Child friendly...