TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Construction Starts at Raffles Residences Danang

Category: Hotels, Posted:13 Nov 2009 | 07:27 am

One of Phuket's growing regional competitors the beach location of Danang in Vietnam has seen the construction commence of the luxury Raffles Resort and Residences. With 142 guest room and 39 luxury residential villas to be hotel managed the project is expected to complete in mid 2011.
Formerly owned by a group affiliated to the Middle East's Kingdom Hotel Investments, the project was sold to growing property investor Vingroup. Kingdom had also been part of the former Raffles Phang Nga development which it exited from which is now set to go into the ground as Similan Beach, A Ritz-Carlton Reserve in Bo Dan, Phang Nga. KIH continues to hold its interest in the Moevenpick Resort in Karon which was a high priced acquisition a few years back.

Other News

Read more

New Phuket Hotel Market Update 2024 Report From C9 Hotelworks

Category: Hotels|Tourism, Posted:17 Apr 2024 | 19:06 pm Phuket’s tourism industry is undergoing an ongoing rebound, with last year’s airport passenger arrivals edging towards pre-pandemic figures according to C9 Hotelwork’s Phuket Hotel Market Update 2024. While hitting 7 million, it was still short of the 9 million mark set in 2019. This year the trend is continuing with 1.62 million arrivals to date […]
Read more

Delving Into the Real Estate Rental Landscape of Phuket

Category: Opinion|Real estate, Posted:16 Apr 2024 | 09:39 am Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island. Rental demand coming out of the COVID19 pandemic experienced sustained uplift and has continued to perform […]
Read more

Inside the Numbers. The Potential of a Phuket Property Bubble

Category: Real estate, Posted:13 Apr 2024 | 13:12 pm One of the most common questions I am asked these days is about a potential Phuket real estate bubble. While it’s a popular buzz term, so many who ask the question don’t understand what a bubble is. The most notable real estate bubble in recent history was the subprime housing crisis in the United States […]
SiaJai logo

Thailand's Leading Homecare Marketplace