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Boutique Mangosteen Resort in Rawai for Sale

Category: Hotels, Posted:19 Mar 2009 | 12:07 pm

The 41 key Mangosteen Resort in Phuket's southern Rawai area is back on the market with an asking price of THB 300 million according to owner Hajo von Keller. Opening in 2003, the property was under negotiation with a purchaser last year from Singapore, though this did not materialize after the economic downturn.
The Rawai area plays home to the luxury Evason Resort and Six Senses Spa which is looking to undergo a comprehensive renovation and soon to open Outrigger Serenity Terraces Resort. While Phuket's hotel market continue to outperform other locations in Thailand there is an expectation to see renewed transaction activity over the next 12-24 months.

Other News

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HOTELS’ GREAT DIVIDE Owning The Customer Or The Product?

Category: Hotels, Posted:29 Nov 2020 | 12:23 pm There is a great debate within the Covid-19 hotel space on where things are headed once the vaccine kicks in. Some say consolidation, others point to fragmentation, while the doomsday cults say the hotel industry will never be the same. To that point, minute by minute, nothing is really the same anyway so cut that […]
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Thailand’s Tourism Reopening Now Vaccine-Dependent

Category: Tourism, Posted:28 Nov 2020 | 11:45 am In a speech this week Thailand’s Prime Minster spoke clearly that only until a vaccine is approved, produced, and implemented would the country open to substantial tourism. Furthermore, that this was likely by mid-2021, though subject to advancement in a timeline if the process could be accelerated, which is unlikely. For tourism and hotel stakeholders, […]
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New Khao Lak And Phang Nga Report from C9 Hotelworks

Category: Tourism, Posted:24 Nov 2020 | 06:00 am While the country’s doors remain firmly shut to international tourists, Thailand’s domestic travel wanderlust has turned Khao Lak into an Instagram hero. In the first two months of this year according to research by consulting group C9 Hotelworks’ new Khao Lak Hotel Market Update occupancies soared above 80 percent. With the COVID-19 lockdowns occupancy plunged […]