Former Mandarin Chiang Mai Hotel Traded For THB2.5 Billion
Category: Hotels, Posted:26 Dec 2015 | 10:22 am
The Dara Dhevi Resort Chiang Mai has been acquired by a Thai listed firm for THB2.5 billion.
Previously the hotel had been operated by Mandarin Oriental.
According to the Bangkok Post Far East Energy Corporation Plc is the buyer.
A key aspect of the deal is the substantial land bank which is expected to be unlocked by means of a land sale and residential development.
Phuket Hotels Association Online Travel Auction Now OpenCategory: Hotels, Posted:14 May 2023 | 09:56 am The annual non-profit Phuket Hotels Association Absolutely Fabulous Online Travel Sale is now up and running. CLICK With nearly 200 hotel travel and dining deals across Thailand, Asia the globe, all proceeds go to the education scholarship fund of PHA. Over 45 Thai hospitality students are now supported by the fund and these are the […]