TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Mangosteen Resort Repriced to Sell at THB 200 Million

Category: Hotels, Posted:27 Jun 2009 | 14:42 pm

The Mangosteen Resort in Rawai has been repriced in order to attract a rapid sale at THB 200 million according to owner Hajo von Keller who contacted thephuketinsider.com. According the Mr. von Keller the pricing is below replacement value. With 41 keys and an established market there is room to expand the existing room inventory. Given the recent front page article in The Nation about 100 hotels in Thailand for sale, there remain few existing hotel assets currently on the market.
Another high profile southern hotel property Lehman's Laem Ka Four Seasons site is currently in the market with Jones Lang LaSalle hotels from Singapore and there are expectations that a transaction may be forthcoming.

Other News

Read more

It’s A Tuesday, What’s Up in Thailand

Category: Tourism, Posted:03 Aug 2021 | 10:49 am As the Thailand red zone closures mount, and domestic travel remains challenged, we take a few minutes to bring you some of our new feature videos. August looks to be challenging but vaccinations are continuing and there is light at the end of the tunnel, for now to our readers we say – keep the […]
Read more

Why Is The Phuket Sandbox Important?

Category: Tourism, Posted:02 Aug 2021 | 10:27 am As Bangkok grapples with rising numbers of Covid infections, leading tourism voice KP Ho, Executive Chairman of Banyan Tree Group, has told European envoys, airlines, senior officials and business leaders, that for Phuket Sandbox to succeed it is imperative for Phuket to be given “green” destination status. Speaking at the Phuket Sandbox Summit held at […]
Read more

Direct International Flight For Koh Samui Coming

Category: Tourism, Posted:27 Jul 2021 | 11:29 am Koh Samui is set for the resumption of international flights from Singapore on the 1st of August. Under the Samui Plus program and expecting increased demand, Bangkok Airways is taking this first step for the direct overseas service. The initial stage is three flights a week on Monday, Thursday and Sunday. Meanwhile in the Phuket […]