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

Banyan Tree Phuket Launching New Oceanview Branded Residences

Category: Real estate, Posted:10 Nov 2022 | 12:20 pm Phuket’s Banyan Tree is rolling out two new products under their Grand Residences estate. Ten premium oceanview villas are priced in the THB100-150 million range and 40 seaview condominiums with median pricing of THB85 million. Located within the Laguna Phuket integrated destination resort, the group is expected to bring more real estate products to the […]
Read more

Mind the Gap – Keep People Inspired Event in November

Category: Hotels|Tourism, Posted:22 Oct 2022 | 08:50 am Keep People Inspired (KPI) is the second in a series of Mind the Gap Learning events. The focus of the event is on inclusiveness in hospitality, spanning Phuket’s hotels, tourism and service industries. Inclusiveness is a key element of businesses that rely heavily on human resources and is in effect all about people, whether they […]
Read more

Japanese Luxury Brand Hoshinoya Heads To Niseko

Category: Hotels|Real estate, Posted:14 Oct 2022 | 17:42 pm Leading Japanese hotel operator Hoshino has inked a deal for a luxury resort in Niseko with developer Zekkei Properties. Located in a prime ski-in and ski-out location in Upper Hirafu Village, the 62-unit hotel and residence property will be named Hoshinoya Lodge Niseko. With one of Hirafu’s best locations, the site was formerly occupied by […]
SiaJai logo

Thailand's Leading Homecare Marketplace