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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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After The Sandbox – Phuket Hotels Ask What’s Next?

Category: Hotels, Posted:16 Sep 2021 | 09:37 am The resort island of Phuket’s proof of concept Sandbox advantage looks to dramatically change come October. Since the first of July island hotels have experienced considerably higher occupancy levels and much-needed revenue from international arrivals. This has been Sandbox generated, and travelers, not necessarily tourists. Bangkokians fleeing the red zone situation have also aided in […]
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Remembering Florian Hallermann

Category: Hotels, Posted:16 Sep 2021 | 08:56 am We’d like to take a moment to remember Zeavola General Manager Florian Hallermann. Florian tragically died in a hiking accident in Ko Phi Phi. He was a familiar face in Greater Phuket hospitality circles for many years and well-loved in Ko Phi Phi, which was his last posting. Looking back at the start of our […]
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The Thaiger Digital Summit – Seven Thai Tech Start-Ups Speak Out

Category: Real estate, Posted:11 Sep 2021 | 10:02 am Disrupt or Die. Tune in to a full-tilt, one-hour online event led by The Thaiger’s Co-Founder and leading digital entrepreneur Michael Kenner. On the virtual stage will be fast-paced conversations with seven amazing start-up disruptors who are set to change Thailand’s online space. From super apps, the sharing economy, big data, to taking business off […]