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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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C9 Hotelwork’s Releases Philippines Branded Residences Report

Category: Real estate, Posted:25 Feb 2024 | 19:51 pm The Philippines branded residences market is experiencing a significant maturation, impacted by urbanization and a post-pandemic shift in lifestyle changes. The market is poised for a high level of growth. C9 Hotelworks newly released Philippines Branded Residences Market Update shows a 105% increase in the pipeline, translating to an additional 5,599 units supplementing the current […]
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Phuket’s Largest Highway Interchange Expected To Attract Largescale Development

Category: , Posted:10 Feb 2024 | 09:42 am The release of plans for a massive highway interchange in North Phuket is spurring development activity in the Mai Khao area. A Mueang Mai interchange on the road leading to Phuket International Airport on the island’s main North-South artery will also have a  direct connection to the East Coast spur highway 4027.  (CLICK to see […]
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GOCO Hospitality Inks Deal With Singapore Temasek to Expanded Wellness Resorts in Thailand and Southeast Asia

Category: , Posted:07 Feb 2024 | 10:33 am Leading Bangkok-based wellness group GOCO has signed a deal with Singapore’s Temasek private equity group via The Fullerton Fund. The injection of funds into GOCO is reportedly ‘high eight figures’ and will fund expansion in Thailand and Southeast Asia into hospitality assets. Two acquisitions are expected to be announced in March by Founder and CEO […]
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