TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Allan Zeman Enters Boutique Hotel Market

Category: Hotels, Posted:25 May 2009 | 14:41 pm

Hong Kong business tycoon Allan Zeman is set to enter the growing boutique hotel market with the opening of the upscale Andara Resort Residences this coming December. Speaking to General Manager Klaus Rauter recently who is an alumni of Banyan Tree, the resort is being pitched with room rates along the lines of Amanpuri, and Trisara. It's scalable private luxury with opening rates in the range of US$900 to1800. Rate will be the priority and driving objective of the property rather then occupancy given the premium product and strong financial base of the group.
Comprised of 37 units, some are pitched into a rental scheme while others will be maintained as private residences. Rentals for the adjacent high end Andara villa project will also be managed by the team, which will operate a beach club on the northern end of Kamala bay and the resort will have an 8 room sophisticated spa, with other facilities including a fine Asian dining outlet.
There have been discussions of expanding the brand in the region with the logical next stop being the boom market of China. 'Millionaire's Mile' in Kamala is shaping up to be a significant hotel market back of recently opened Cape Sienna, Ayara Kamala and soon to launch Paresa. At some point the Marriott Kamala Cove also looks to join the fray once the Lehman's stake is resolved by Destination Properties.

Other News

Read more

New Phuket Hotel Market Update 2024 Report From C9 Hotelworks

Category: Hotels|Tourism, Posted:17 Apr 2024 | 19:06 pm Phuket’s tourism industry is undergoing an ongoing rebound, with last year’s airport passenger arrivals edging towards pre-pandemic figures according to C9 Hotelwork’s Phuket Hotel Market Update 2024. While hitting 7 million, it was still short of the 9 million mark set in 2019. This year the trend is continuing with 1.62 million arrivals to date […]
Read more

Delving Into the Real Estate Rental Landscape of Phuket

Category: Opinion|Real estate, Posted:16 Apr 2024 | 09:39 am Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island. Rental demand coming out of the COVID19 pandemic experienced sustained uplift and has continued to perform […]
Read more

Inside the Numbers. The Potential of a Phuket Property Bubble

Category: Real estate, Posted:13 Apr 2024 | 13:12 pm One of the most common questions I am asked these days is about a potential Phuket real estate bubble. While it’s a popular buzz term, so many who ask the question don’t understand what a bubble is. The most notable real estate bubble in recent history was the subprime housing crisis in the United States […]
SiaJai logo

Thailand's Leading Homecare Marketplace