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Erawan To Sell ibis Patong Hotel

Category: Hotels, Posted:30 Nov 2012 | 06:00 am

According to securities firm Bualuang the publically traded Erawan Group plans to sell their ibis Patong and ibis Pattaya hotels to a new property fund in the second quarter of next year.
Meanwhile the hospitality group will expand their Holiday Inn Pattaya and Merure back of strong trading. Over the next month in Bangkok the opening of the twinned Mecure and ibis Siam at National Stadium is expected to debut.
While another Phuket asset the Naka Island Phuket(formerly the Six Senses) operated by Starwood's Luxury Collection is slowly gaining commercial momentum, thought it's not expected to operate in the black until 2014.

Other News

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Thailand’s Sandbox Is Not A Quarantine

Category: Tourism, Posted:12 Jun 2021 | 10:45 am As we are 19 days away from Thailand’s Sandbox tourism reopening in Phuket, there continues to be a misunderstanding of the overall rules and the term quarantine is incorrectly used. Quarantine by definition is isolation, whereby Sandbox travelers will be able to move throughout their hotel, visit beaches, restaurants, shops etc. Remember Phuket is about […]
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C9 Hotelworks Releases New Krabi Report

Category: Hotels, Posted:07 Jun 2021 | 06:00 am Comparing major Southern Thai resort destinations, Krabi is one that historically balances well between the international and domestic markets. In the new Krabi Hotel Market Update from C9 Hotelworks, we take a look back at pre-Covid trading to examine from what point hoteliers hope tourism will upcycle towards recovery and what will the trends be. […]
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SHA Plus Program In Focus

Category: Hotels, Posted:06 Jun 2021 | 13:17 pm A key part of the upcoming Phuket Sandbox reopening process is the requirement for incoming international travelers to stay in an SHA Plus hotel for 14 days, or shorter if only visiting the island. Those who want to travel onward to other destinations in Thailand can proceed after a 14-day period. As travelers are scrambling […]