TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Castlewood Launches 200 Unit Luxury Hotel In Laguna Area

Category: Hotels, Posted:18 Jan 2011 | 10:54 am

Upstart Castlewood Hotels and Resorts from Singapore have launched a 200 suite luxury hotel project near to the Outrigger Resort and Villas and Laguna Village.
An in-house hospitality brand 8over8 will provide management. Instead of selling property the offering is based on what the developer is terming HRU's ( hotel rights of use).
In Singapore the focus is on regional markets.
Two purchase options are available with the first being a guaranteed return of 5% for the first 3 years and then 3% for another 7 years. Or a variable scenario with 5% for the first 3 years and then full revenue from the HRU's for another 7 years.
An opt out is on offer each year in exchange for hotel nights.
Leading Hong Kong and Phuket design house Original Vision have provided planning.
The company says it plans to expand to the Gold Coast, Koh Samui and Langkawi in the future.
The hybrid hotel right usage model will be interesting on to see how take up is in the current recovering market.

Other News

Read more

OutBound India – Restarting India’s Tourism to Thailand Virtual Event

Category: Hotels|Tourism, Posted:06 Dec 2021 | 00:56 am India is one of the biggest outbound markets in the world. Pent-up demand is already seeing a huge outflow of travelers to the Maldives as the destination continues to thrive during the uncertain times created by the pandemic.
. But what about Thailand? India was one of the fastest-growing outbound markets to the Kingdom before Covid […]
Read more

“Bangkok is Back“ Online Event Hears from Tourism and Hospitality Experts

Category: Hotels|Tourism, Posted:24 Nov 2021 | 11:41 am Before the pandemic, Bangkok was the most-visited city on the planet – a thriving hive of energy and activity which attracted over 22 million international visitors per year. Then, without warning, it all went quiet. Now, following the long-awaited reopening of Thailand’s borders on 1st November 2021, Bangkok is back. The city is welcoming the […]
Read more

It’s All About Bangkok, Hua Hin and Thai Food

Category: Tourism, Posted:22 Nov 2021 | 09:29 am Manic Monday is here again. Just one day to go until the 45-minute fast-paced Bangkok is Back  – The Travel, Tourism and Hotel virtual event. There is still time to sign up at – Sign up C9 Hotelworks and our friends at Delivering Asia Communications have been busy getting the latest ideas and trends in […]