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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.

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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 […]
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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 […]
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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 […]
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