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BREAKING NEWS Erawan and Six Senses Sanctuary Break Ties

Category: Hotels, Posted:10 Jun 2011 | 10:45 am

Updating our Six Senses story on the closure and renovation of the Naka Yai resort a notice has gone out to travel partners that the chain will no longer manage the property as of the beginning of August.
According to financial results filed with the Stock Exchange of Thailand (SET), trading results for the first quarter (January – March) for the property registered a 27.8% occupancy, average room rate of THB25,458 and RevPAR of THB7,085.
Thai listed Erawan Group PLC who also own a number of hospitality assets including the Grand Hyatt Erawan, JW Marriott and Courtyard by Marriott in Bangkok, Samui's Renaissance, Holiday Inn Pattaya and have partnered with ACCOR's ibis for multiple properties has not announced a new management company.
Industry insiders are aware that a number of international groups have been viewing the property and that a leading US group will take over operations.

Other News

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MIRA Valley Phuket Preview Sessions This Friday

Category: Real estate|Tourism, Posted:22 Apr 2024 | 07:28 am Catch this special event this coming Friday 26th April with a special preview of the new MIRA Valley master-planned community in the heart of Phuket, Manik. This is an amazing opportunity to acquire a development plot in a larger high-quality community. This will be of special interest to property developers looking for land parcels, investors. […]
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New Phuket Hotel Market Update 2024 Report From C9 Hotelworks

Category: Hotels|Tourism, Posted:17 Apr 2024 | 19:06 pm Phuket’s tourism industry is undergoing an ongoing rebound, with last year’s airport passenger arrivals edging towards pre-pandemic figures according to C9 Hotelwork’s Phuket Hotel Market Update 2024. While hitting 7 million, it was still short of the 9 million mark set in 2019. This year the trend is continuing with 1.62 million arrivals to date […]
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Delving Into the Real Estate Rental Landscape of Phuket

Category: Opinion|Real estate, Posted:16 Apr 2024 | 09:39 am Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island. Rental demand coming out of the COVID19 pandemic experienced sustained uplift and has continued to perform […]
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