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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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Patong Hotel Conversion For Banyan Tree’s New HOMM Brand

Category: Hotels, Posted:12 Jan 2022 | 08:00 am The 71-room Bliss hotel in Patong, Phuket has been converted to Banyan Tree’s HOMM brand. Banyan Tree is looking to fast-track expansion with three new brands a key strategy of conversions of existing hotels. The HOMM Bliss Southbeach Patong is the debut for the lifestyle-focused HOMM. Expect more announcements shortly on new Banyan Tree brands […]
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Three More Thailand Sandboxes Join Phuket On Tuesday

Category: Tourism, Posted:09 Jan 2022 | 20:33 pm The Thai government has added three more  Sandbox destinations along with Phuket for vaccinated international travelers. Effective on Tuesday 11th January 2022, Phang Nga (including Khao Lak), Krabi, and Surat Thai (Koh Samui, Koh Pha-ngan, and Ko Tao) will be open to Sandbox visitors. The current Sandbox restrictions mean a minimum of seven-night stays in […]
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Choice Brand For New Phuket Hotel

Category: Hotels, Posted:30 Dec 2021 | 09:37 am The new upscale Quality Resort and Spa Patong will open in early 2022. Quality is a brand under Choice Hotels International, and the property is operated under a master-franchise agreement with a third-party management group La Vie Hotels & Resorts. La Vie currently operates a number of hotels across Asia Pacific. With 88-rooms, the Quality […]