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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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Hotel White Label, Third Party Operator and Franchise Event

Category: Hotels, Posted:27 Oct 2020 | 08:55 am C9 Hotelworks and Delivering Asia Communications have organized a highly-relevant virtual event called “White Label Session – The Sequel, Insights into Hospitality Third-Party Operators and New Options for Hotel Owners”. The live webinar will be held on   Wednesday 4th November, 2:00 pm Bangkok Time | 3:00 pm Singapore/Hong Kong. Free registration is available HERE. A hospitality-focused virtual […]
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Phuket Airlift To Koh Samui Is Back

Category: Tourism, Posted:23 Oct 2020 | 16:26 pm Bangkok Airways has announced the return of flights between Phuket and Koh Samui. According to the Phuket News service commences Sunday, October 25th leaving Phuket at 12:20 pm and arriving in Samui at 1:15 pm. There will also be a resumption of flights between Phuket and Hat Yai between Phuket and U-Tapao (Pattaya). The return […]
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Khao Lak Hotel Supply Continues To Expand

Category: Hotels, Posted:22 Oct 2020 | 06:00 am Despite the downturn of Covid-19, hotel investment confidence in Khao Lak remains positive in the long term. One sign of this is a newbuild Pullman-branded Khao Lak Resort Is set to open on 1st December. The 253-key beachfront hotel and villa property features a design by Martin Palleros of Tierra Design.  Palleros is the architect […]