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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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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

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Inside the Numbers. The Potential of a Phuket Property Bubble

Category: Real estate, Posted:13 Apr 2024 | 13:12 pm One of the most common questions I am asked these days is about a potential Phuket real estate bubble. While it’s a popular buzz term, so many who ask the question don’t understand what a bubble is. The most notable real estate bubble in recent history was the subprime housing crisis in the United States […]
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