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China Places Restrictions To Cool Overheated Property Market

Category: Real estate, Posted:20 Dec 2009 | 10:58 am

One of the regions fastest growing property market's China has announced though its Land Ministry that measures will be taken to slow down the overheated property market which has currently risen sharply on market speculation. It's been reported that residential projects in smaller cities will be restricted to 7 hectares, medium size cities at 14 hectares and bigger cities to 20 hectares.
In the past there were no implications or limitations on the size of land and the corresponding development. Regional property continues to rise back of Hong Kong, China and Singapore leading the way. Bangkok fueled mainly through domestic demand has seen recovery in the 3rd quarter and expectations for further increases in the 4th quarter of the year.

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C9 Hotelworks Releases New Phuket Hotel Market Update Report

Category: Hotels|Tourism, Posted:16 Mar 2023 | 00:29 am According to C9 Hotelworks new Phuket Hotel Market Update 2023, the resort island’s tourism recovery has accelerated over the past six months. With the removal of Thailand’s pandemic travel restrictions in 2022, airlift quickly ramped up as India and Malaysia were key early source markets. Over the current winter season aside from the return of […]
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Destination Ink Radisson For Patong Hotel

Category: Hotels, Posted:12 Mar 2023 | 23:16 pm Phuket’s hotel brand conversion trend is continuing, with the latest move having Radisson sign a deal for a 390-room hotel in Patong. Owned by the Destination Group, the property will be branded as a Radisson. This is the fourth recent conversion by Destination with one more Radisson and two Holiday Inns by IHG. Expect more […]
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Hilton Phuket Arcadia Reflagged To ACCOR’s Pullman Brand

Category: Hotels, Posted:03 Mar 2023 | 07:35 am One of Phuket’s largest hotels, the 662-room Hilton Phuket Arcadia Resort has been reflagged under ACCOR’s Pullman brand. The hotel, which will be named Pullman Phuket Arcadia Karon Beach Resort will operate as a Pullman effectively in April of this year, and a staggered 24-month refurbishment program undertaken. With this addition, there will be three […]
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