TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Banyan Targets China Residential Opportunities

Category: Real estate, Posted:28 Sep 2011 | 06:00 am

There is little doubt over the past year the Banyan Tree vis a vie their controlling interest in Thai listed Laguna Resorts and Hotels are looking abroad for greener pastures.
An orderly divestment of key assets namely the Laguna Beach Resort and Dusit Thani Laguna Phuket have been made, and publically the group has said they want to lower their financial exposure in a market ridden with political risk.
Key Banyan Tree executie K.P. Ho has been quoted by Dow Jones Newswires that the group is looking to build upscale houses in China's secondary destinations.
With seven resorts open and more than 20 in the pipeline the group is now keen to shift into property offering as well, with Ho naming Chengdu as a likely example.
Here in Phuket it is no secret that the developer has hit challenging times with a large surplus of completed units that remain unsold throughout the integrate resort.
So for now a shift to China and the soon to launch Laguna Hue in Vietnam increasingly will diversify and expand the groups ambitions

Other News

Read more

Koh Samui To Follow Phuket In International Reopening

Category: Tourism, Posted:19 Jun 2021 | 16:29 pm Leading tourism news out of Thailand has the government’s CCSA (Centre for Covid-19 Situation Administration approve in principal a plan to open a sealed route to Samui in mid-July. The plan covers the three islands of Koh Samui, Koh Tao and Koh Phangan and would require travelers to first stay in an ASQ hotel for […]
Read more

Thailand’s Sandbox Is Not A Quarantine

Category: Tourism, Posted:12 Jun 2021 | 10:45 am As we are 19 days away from Thailand’s Sandbox tourism reopening in Phuket, there continues to be a misunderstanding of the overall rules and the term quarantine is incorrectly used. Quarantine by definition is isolation, whereby Sandbox travelers will be able to move throughout their hotel, visit beaches, restaurants, shops etc. Remember Phuket is about […]
Read more

C9 Hotelworks Releases New Krabi Report

Category: Hotels, Posted:07 Jun 2021 | 06:00 am Comparing major Southern Thai resort destinations, Krabi is one that historically balances well between the international and domestic markets. In the new Krabi Hotel Market Update from C9 Hotelworks, we take a look back at pre-Covid trading to examine from what point hoteliers hope tourism will upcycle towards recovery and what will the trends be. […]