TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Donald Trump Lawsuits in US Branding Cases May Create Asian Wave

Category: Real estate, Posted:06 Jun 2009 | 09:09 am

Real estate mogul Donald Trump's various litigation cases in the US involving purchasers of units in failed projects where he licensed his name may see the trigger of similar 'brand licensing' litigation here in Asia. There has been a wave of 'hotel branded' property sold all over the region and here in Thailand which has been sold back of pricing premiums for international operators and use of their names.
Historically both the US and Australia have seen consumer cases prosper against hotel operators who cite a variety of issues ranging from anticipated returns, to inducement along with selling of securities by non qualified real estate brokers. Donald Trump is now experiencing the downside of his predominate brand name where he often simply sold 'Trump' to projects being developed entirely by separate entities.
With more and more branded projects now stalled here in Asia, it will be interesting to see exactly how legal advisors of buyers are looking to take action against not only sellers but also the widening of liability claims.

Other News

Read more

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 […]
Read more

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 […]
Read more

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 […]
SiaJai logo

Thailand's Leading Homecare Marketplace