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LEHMANS THAILAND LEGACY Baan Taling Ngam Samui Sale

Category: Hotels, Posted:03 Feb 2010 | 07:37 am

One of Koh Samui's most famous luxury resorts Baan Taling Ngam has reportedly been put up for sale by tender through Singapore hospitality brokerage Jones Lang LaSalle Hotels (JLL). With 70 keys the beachfront resort is located on the islands West Coast with accommodation ranging from rooms, suites up to villas. In the past leading hotel brands Mandarin Oriental and then Le Meridien had operated the property.
Lehman Brothers (Thailand) had acquired the hotel in 2005 from Natural Park Plc subsidiary Pacific Assets Plc. There has been much speculation on the disposal of defunct Lehman's hotel assets by court ordered liquidator KPMG over the past two years. Expectations are high that the property remains an attractive asset in view of the current status of vacant possession with no international hotel chain.

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New C9 Hotelworks Report – Phuket Branded Residences Biggest Leisure Supply Globally

Category: , Posted:26 Mar 2024 | 17:15 pm Branded residences in Phuket have reached an unprecedented supply value of THB80 billion (approximately USD2.3 billion), setting a new historical high. The destination now has the highest value of leisure supply value globally and has joined the ranks of urban destinations Dubai and Miami as a world-class branded residences property hub. Condominiums, which form 59% […]
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Phuket’s High And Low Season Hotel Rate FOMO-Fever

Category: , Posted:23 Mar 2024 | 10:52 am So why have Phuket hotel owners and operators developed a bad case of FOMO (fear of missing out) for over more than a decade and why can’t they keep it up (rates that is)? Good insights from Jesper Palmqvist STR stat man at this week’s Phuket Hotels Association quarterly meeting. Did you realize that for […]
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Laguna Phuket Launches Garrya Beachfront Wellness Hotel Residences

Category: , Posted:23 Mar 2024 | 09:44 am The island’s largest developer Laguna Resorts and  Hotels PLC has announced a new hotel branded residences project named Garrya Phuket. The mixed-use complex is on the site of the former Quest Adventure Camp, and will have a total of 150 keys, with 38 two-bedroom residences units now for sale. With beachfront access pricing starts at […]
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