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Asia's Largest Property Firm Locked In Scandal

Category: Real estate, Posted:02 Jun 2012 | 10:04 am

The prolonged saga in a graft and corruption scandal has hit Sun Hung Kai Properties looks to have no end in sight.
Their portfolio incudes a wide array of hotels and iconic buildings.
The two Kwok brothers – Thomas and Raymond who sit atop one of the leading listed firms in the region have had to post bail and are receiving constant media attention.
Perhaps the biggest fallout has been the toll on investor confidence and impact of falling share prices.
It's anticipated that the investigation could drag on for years and has wide ranging consequences for a once cozy relationship between the private sector and government bodies.

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Rosewood Branded Luxury Residences For Kamala Phuket

Category: Hotels|Real estate, Posted:27 Jan 2022 | 16:18 pm Thailand’s Raimon Land is developing 14 stand-alone luxury Rosewood branded residences on Phuket’s West Coast at Kamala. The  Rosewood ultra villas have 4-6 bedrooms and are located in a private gated luxury estate. There is no hotel as part of the project. Kamala is an upscale island destination and is well known for its Millionaire’s […]
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Phuket’s Koh Siray Adds A New Hotel

Category: Hotels, Posted:22 Jan 2022 | 15:45 pm Phuket’s east coast has a new hotel with the recent opening of the Sinae Hotel in Koh Siray. The resort offers a collection of 64  studio units, and lifestyle as well as private pool villas. A key feature of Sinae is its elevated hillside ocean views. Access to nearby Phuket Town is ten minutes from […]
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The Aussies Are Coming

Category: Hotels|Tourism, Posted:22 Jan 2022 | 14:53 pm For Phuket hotel sales and marketing teams, the go-to-market has been Russia during the height of the winter snowbird season. With March fast approaching and Thailand’s approval of a revised Test & Go program from the beginning of February, hoteliers are looking at the vast void of the second quarter of the year. Certainly, domestic […]
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