TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Krabi's Destination Resort Project 'The Cove' Calls It Quits

Category: Real estate, Posted:20 Oct 2010 | 07:46 am

The developers of the mega mixed use destination resort The Cove Krabi have announced the project is being wound down and will be put up for sale. A price point of THB2.7 million a rai has been set, or total of THB1.242 billion.
CEO John Grice of Asian Tropical Homes Group points to global economic and Thailand's politic issues as key deciding factors by the shareholders.
Located south of Krabi in Haad Yao with 460 rai of land, a Colin Montgomerie golf course and multiple international hotels and residences, the project had gone to the property market with an initial offering prior to the US led crisis.
As Thailand's domestic economy continues to recover, a number of previously stalled resort projects in key areas are being marketed for sale or restructuring.

Other News

Read more

Direct Bali Phuket Flights Return in Phuket

Category: Hotels|Tourism, Posted:14 Jun 2024 | 08:15 am The once popular Phuket Bali flight route will see AirAsia restart direct flights from 10th August 2024. AirAsia Indonesia will be the carrier and flight frequency will be three times a week. Bali hosted nearly 600,000 international visitors in May with Australia ranking 22.5% share, followed by India with 11.3% and China on the rise […]
Read more

Registration Open for Mind the Gap – Women & Diversity in Hospitality – A Learning Event

Category: Hotels|Tourism, Posted:13 Jun 2024 | 09:55 am Diversity, inclusiveness, and equality are core issues for the hospitality industry. C9 Hotelworks and the Phuket Hotels Association have organized a learning event titled ‘Mind the Gap, Women & Diversity in Hospitality on Saturday 31st August at the SAii Laguna Phuket. Join us in this unique, candid, and insightful half-day session that takes a closer […]
Read more

Samui’s Booming Villa Rental Marketed Featured in New C9 Hotelworks Report

Category: Hotels|Real estate, Posted:11 Jun 2024 | 07:04 am Standalone villas shake up traditional hospitality supply as the market rises. Increasing demand for multi-bedroom accommodation growing, coupled with a preference for spacious and private villas according to new research from C9 Hotelworks in their new Samui Villa Rental Market Review. In recent years, private villas rented as vacation homes have emerged as a significant […]
SiaJai logo

Thailand's Leading Homecare Marketplace