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Australia Chasing Cash Rich Thai Hotel Investors

Category: Hotels, Posted:14 Jun 2010 | 06:00 am

As the new world order continues to change, with Asia leading the recovery from the recent global downturn, Australia is positioning itself to attract cashed up Thai hotel investors.
Under the category Managed Investment Trusts (MITS) the once tax and legislative heavy country has now liberalized to low corporate tax and create a no capital gains regime for this vehicle.
In 2009 leading Thai group TCC purchased the Hyatt Adelaide and other local groups have been looking hard and fast at what is viewed as a stable operating environment, which while attracting lower yields contains less risk.

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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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Patong Hotel Conversion For Banyan Tree’s New HOMM Brand

Category: Hotels, Posted:12 Jan 2022 | 08:00 am The 71-room Bliss hotel in Patong, Phuket has been converted to Banyan Tree’s HOMM brand. Banyan Tree is looking to fast-track expansion with three new brands a key strategy of conversions of existing hotels. The HOMM Bliss Southbeach Patong is the debut for the lifestyle-focused HOMM. Expect more announcements shortly on new Banyan Tree brands […]
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