TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

HOTEL INVESTMENT Mercure Samui Taps Property Fund

Category: Hotels, Posted:29 Jun 2010 | 06:00 am

One of the key investment drivers over the past 2 years which has become more magnified since the 'red shirt effect' has been the decreasing amount of debt for hotel projects. Be it new build construction or renovation and expansion the Thai banks are taking a decidedly harsh wait and see approach to tourism.
One market which is being tapped is the domestic property fund sector where the developers of the Mercure Samui Buri Resort are raising a reported THB 828 million. Part of the funds proceeds will be used to restructure debt and the rest for new hotel projects which will be managed by ACCOR's All Seasons brand.
A guaranteed yield of 6% for the first 5 years is being offered to investors in the fund.

Other News

Read more

Trio Of Phuket Start-Ups As We Go Local

Category: Tourism, Posted:23 Feb 2021 | 10:02 am Too often the image of Phuket does not reflect the power of local brands and entrepreneurs who are positively going about their businesses, despite the pandemic. Today we are pleased to present three episodes of C9 Hotelworks and Delivering Asia Communications Thai road trip video episodes that give short glimpses into the people and  innovation […]
Read more

Why Phuket’s 70% Restart Needs Private Sector Support

Category: Tourism, Posted:21 Feb 2021 | 12:03 pm Last Friday I was able to attend the roundtable discussion that was organized by the Phuket Tourism’s Association’s Khun Bhummikitti Rukaengam at the Angsana Laguna Phuket. It was an impressive turnout, that included large numbers from both the island’s public and private sector and Minor’s Bill Heinecke was in attendance. What is now being proposed […]
Read more

Phuket Sports and Wellness Resort Transacts

Category: Tourism, Posted:20 Feb 2021 | 15:08 pm The 114-room Thanyapura Sports and Health Resort Phuket has been sold to a Thai group. According to a public notice, the new owner is the Yenbamroong family, who are well known in Thailand’s petroleum industry. In the latest move, the sale effectively is a second step to unwinding the Thanyapura integrated education, sports, and health-oriented […]