TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Engel And Voelkers Phuket Office Shutting Down

Category: Real estate, Posted:25 Oct 2017 | 14:35 pm

The Phuket branch of international real estate brokerage house Engel and Voelkers in Cherngtalay is set to close at the end of October.

Operated under a franchise by DWK Reality Co, Ltd. The closure notice cites growing competition from online and social media models that are challenging brick and mortar businesses.

DWK has said they will be looking into other business opportunities in Hua Hin and Phuket in the retirement property sector in the future.

As online models have increasingly grown to take on traditional real estate brokerage the same can be said for Thailand’s retail segment and we expect similar right sizing in the years ahead for the country’s massive mall industry.

Other News

Read more

Project Rattan Focused On Restoring Thai Craft

Category: Tourism, Posted:20 Sep 2020 | 08:52 am If you find yourself in Bangkok from now until the end of December, you should take some time and visit Australian designer Patrick Keane’s Project Rattan exhibition at River City. Project Rattan is an exhibition of furniture design featuring Thai craftsmanship and aimed at restoring local artisans to create international level products. The exhibit is […]
Read more

Condo Hotels and TPO’s Hitting Bangkok

Category: Hotels, Posted:20 Sep 2020 | 08:47 am Bangkok’s hospitality market is set rapid growth in the emergence of condo hotels and third party management operators (TPO’s). The trend is best seen with the recent launch of The Wyndham Queen Convention Centre Hotel and Residences in Bangkok operated by Kew Green Management Company Thailand. Kew Green has seven properties in the pipeline in […]
Read more

The Hotel Business Plan – Why It Must Die (and soon)

Category: Opinion, Posted:18 Sep 2020 | 17:26 pm As I madly type away on the keyboard of my MacBook Pro, thousands of dumbstruck hoteliers across the world are slaving away in a blurring succession of days and nights in the mindless pursuit of completing an ignominious document known as The Hotel Business Plan. It’s Friday and I’m over-caffeinated, so hang on tight. Wait, […]