TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Dusit Acquire Maldives Resort

Category: Hotels, Posted:06 Jun 2011 | 06:00 am

Thai hotel chain Dusit Thani have acquired a 100 villa partially completed resort in the Maldives.
Through a subsidiary company the hospitality group's Directors have approved the investment, subject to final conditions.
Located on Baa Atoll's Mudhdhoo Island the resort is 80% complete. According to documents filed with the Stock Exchange of Thailand the rights to lease will run for 33 years and cost approximately USD60 million along with the nearly completed structures.
Dusit expects to inject another USD17 million in order to finish the outstanding work and open up the resort.
The Maldives continues to be one of the world's premium leisure destinations and other Thai based groups in the market include Anantara and Centara.

Other News

Read more

Trio Of Phuket Start-Ups As We Go Local

Category: Tourism, Posted:23 Feb 2021 | 10:02 am Too often the image of Phuket does not reflect the power of local brands and entrepreneurs who are positively going about their businesses, despite the pandemic. Today we are pleased to present three episodes of C9 Hotelworks and Delivering Asia Communications Thai road trip video episodes that give short glimpses into the people and  innovation […]
Read more

Why Phuket’s 70% Restart Needs Private Sector Support

Category: Tourism, Posted:21 Feb 2021 | 12:03 pm Last Friday I was able to attend the roundtable discussion that was organized by the Phuket Tourism’s Association’s Khun Bhummikitti Rukaengam at the Angsana Laguna Phuket. It was an impressive turnout, that included large numbers from both the island’s public and private sector and Minor’s Bill Heinecke was in attendance. What is now being proposed […]
Read more

Phuket Sports and Wellness Resort Transacts

Category: Tourism, Posted:20 Feb 2021 | 15:08 pm The 114-room Thanyapura Sports and Health Resort Phuket has been sold to a Thai group. According to a public notice, the new owner is the Yenbamroong family, who are well known in Thailand’s petroleum industry. In the latest move, the sale effectively is a second step to unwinding the Thanyapura integrated education, sports, and health-oriented […]