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Bangkok Developer Delays Ritz Carlton Residences / Edition Hotel Launch

Category: Hotels, Posted:18 Apr 2009 | 11:09 am

As a result of this weeks headline grabbing demonstrations in the nation's capital Pace Development have delayed the launch of the much vaunted 70 story mixed use project which includes branded Ritz Carlton Residences and an Edition Hotel by Marriott. The project is a venture between Pace and Israel's Industrial Building Corporation.
The Edition Hotel is to be the first of the brand which sees Marriott partner with legendary boutique/hip hotel creator Ian Schrager. Located in the Sathorn District of Bangkok, the site is near to Starwood W hotel which is a partnership between Thai listed Goldenland and the Middle East investor Istithmar.
High end residential product which relies greatly on overseas investors has been hit hard by the recent political issues facing Thailand and this segment is being watched closely for volatility in the coming months.

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Explorar Brand Spurs Expansion With Koh Samui and Koh Pha-ngan Acquisitions

Category: Hotels, Posted:19 Jun 2022 | 09:22 am Boutique hotel group Pavilion’s experience-focused spin-off Explorar Hotels and Resorts has expanded its growing footprint by acquiring a 125-key resort in Bophut, Koh Samui, and 75-key property in Koh Pha-ngan. Both resorts were previously owned and operated under ‘The Coast’ tagline. The two will be conversions and join an upcoming resort in El Nido, Palawan. […]
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Thailand’s Traveler Restrictions Set to Roll Back 1st July

Category: Hotels|Tourism, Posted:18 Jun 2022 | 09:14 am The wait is over for Thailand’s battered hotel and tourism sectors, with an announcement by the government that the cumbersome Thailand Pass process will be removed by 1st July. Travelers to the Kingdom will no longer be subjected to the online application and approval process. Another restriction for tourists is the Covid-19 USD10,000 insurance requirement, […]
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Thai Group CPN Investing Into 37 New Hotels

Category: Hotels, Posted:12 Jun 2022 | 15:46 pm Thailand’s listed CPN Group (Central Pattana PCL) is set to inject USD288 million into 37 new hotels across Thailand. CPN’s reported strategy is to include hotel components in every new mixed-use retail project across the country. The investment is being targeted into three tiers of hotel assets. The first is a new budget chain Go!. […]
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