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Manathai Phuket Edges Toward Sale

Category: Hotels, Posted:03 Aug 2009 | 13:25 pm

One of the island's newer boutique resorts the 52 key Manathai located in Surin Beach is up for sale and is close to short listing interested parties. The resort has been marketed by three international agencies targeting different sets of potential buyers; and has gathered broad interest.
While the owners have not disclosed a sales price it's believed by industry sources that the original asking price was THB 380 million; though some industry experts expect a lower trading amount due to the present economic climate. Given the trend in design hotels and prime proximity to Twin Palms, The Chedi and Amanpuri a deal here is hardly a fire sale and certainly supports there is a lack of distressed assets in the market.

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Women in Hotels – Taking on the World

Category: Hotels, Posted:07 Aug 2020 | 11:50 am C9 Hotelworks and Delivering Asia Communications are hosting a special virtual event titled Women in Hotels – Taking on the World. The one-hour online is event is set for  Wednesday 19 August 2020 at 3:00 pm Bangkok / 4:00 pm Singapore / 9:00 am London. Participation is free. Sign up Ready. Set. Go. It’s 2020 […]
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Phuket’s Pavilions Headed To Palawan

Category: Real estate, Posted:06 Aug 2020 | 11:03 am Phuket born Pavions Hotels and Resorts has inked a deal for a 96-villa luxury resort in El Nido, Palawan, Philippines. The mixed use property will offer one and two bedroom villas and a twenty over-water villas with private pools. A series of hotel branded properties are being sold from USD250-500,000. An opening is expected in […]
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All Zoomed Out. How Collaboration Has Become the Kill Switch of Hotel Creativity

Category: Opinion, Posted:03 Aug 2020 | 09:20 am There is no mistaking the sound of a flushing toilet. It’s not a sudden rainstorm, or the whoosh of a juiced up, flash mob of joggers on steroids passing by on the street. Arguably, it’s a dirty little low-pitched thunder from down under that somehow triggers the gag reflex. Remember Trainspotting?  Welcome to the world […]