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Branded W Hotel Residences Sell 125 Units in Two Days

Category: Real estate, Posted:23 Apr 2009 | 13:52 pm

China's property market continues to see be an anomaly versus other regional competitors with the upscale W Residences selling 125 units during a weekend launch in Guangzhou. With average selling prices in the range of THB 140,000 per square meter, unit sizes range from 40 up to 120 square meters.

Domestic demand continues to be robust considering that two years ago the Chinese government put placed restrictions that only one unit a year could be bought by foreigners in order to lower speculation and cool down what was an overheated market.
The Residences will be managed by the W hotel; and Asia continues to see these type of projects launch despite a sharp decline in the North American condo-hotel and mixed use sector. Two developments of Starwood's boutique W brand are underway in Bangkok and Koh Samui; where the later has seen sluggish demand for the residential component.

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Minor’s Bill Heinecke Speaks Out About Chinese Return

Category: Hotels, Posted:21 Oct 2020 | 11:40 am We had a candid conversation a few days ago with Minor International’s Founder and Chairman Bill Heinecke about Thai tourism. Two key takeaways from the conversation were: The Asian financial crisis of 1997 was a walk in the park compared to the damage to the Thai economy during Covid-19. Thailand must find a way to […]
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Asia’s Largest Hotel Investment Conference Next Week

Category: , Posted:16 Oct 2020 | 15:28 pm HICAP, Asia’s biggest hotel investment event of the year is set for next week in a 3-day virtual format. Scheduled for 21st to 23rd October, this is the first year the conference will be live online and not in person, in Hong Kong. C9 Hotelworks Bill Barnett will be moderating a special Thailand panel of […]
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Funkytown – Inside the Cultural Melting Pot

Category: Tourism, Posted:14 Oct 2020 | 09:24 am Join C9 Hotelworks and Delivering Asia Communications on Tuesday 20th October, 2:00 pm Bangkok | 3:00 pm Singapore/Hong Kong for a special one-hour virtual event about the latest trends  in urban Bangkok and the latest from Phuket Town. Registration is free here. Ready, steady, go, straight down the urban rabbit hole of funkytown. Tripping down […]