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Dusit Thani Scion Vows to Resist a Family Coup in Hotel Firm

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"Dusit Thani Scion Vows to Resist a Family Coup in Hotel Firm"

Chanin Donavanik, acting chairperson of Dusit Thani Plc and a descendant of its founder, has openly accused his siblings of attempting to oust him by altering governance rules in the family's holding company. He claims they are seeking to replace him with individuals tied to Central Group—an influential developer—to consolidate outside control over the business. The dispute stems from the success of the Dusit Residences project, which has seen over 92% of its units sold, prompting renegotiation of an inheritance split. Chanin vows: “I will never abandon Dusit Thani,” even if removed from the board.

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