TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Mega-City Bangkok Focus Of New Report

Category: Hotels, Posted:31 Jan 2018 | 06:00 am

Leading developers and luxury hotel branded real estate offerings are casting a new light on the emerging world-class megacity Bangkok. C9 Hotelworks and Horwath HTL have collaborated on a new report that highlights the evolving cityscape in their Bangkok Hotel and Hotel Residence Market.

With high profile projects such as One Bangkok led by TCC Frasers Property, and CPN partnering with Dusit Thani, the hotel residences scene in Bangkok is expected to ramp up this year.

Leading Thai developer, Sansiri, invested USD58 million in The Standard Hotel to progress a lifestyle brand and hotel management know-how. Furthermore, Nirvana Daii launched their first hospitality branded property, Banyan Tree Residence which has experienced a strong market reception.

Traditionally leasehold properties in Bangkok were viewed as less desirable by the Thai market, but the success of the St. Regis offering altered legacy demand.

Today, luxury brands like Four Seasons and lower prices per square meter has seen leasehold units transacting at higher pace than freehold. This has also been stimulated by soaring foreign demand, and mixed-use projects offering diverse facilities.

With a rise in average built-up sales prices, the hotel residence market has continued to see a sharp y-o-y uptick in transaction volume from 4.09 to 6.07 units per month in 2017. The rising demand has been triggered by wealthy Thai families who seek a convenient location, lifestyle and hotel services.

To download the full report CLICK

Other News

Read more

Thai Group Chatrium Inks Niseko Deal

Category: Hotels, Posted:06 Jul 2020 | 08:31 am Thailand’s Chatrium Hospitality will take over management of the 76-unit Shiki Hirafu in Niseko Japan at the beginning of September. The move is a reflagging of the Hyatt House Niseko. For Chatrium, it’s their first property in Japan, with an existing portfolio in Thailand and Myanmar. Another Thai group Onyx Hospitality has a pipeline Amari […]
Read more

Design Re-Invention. Hotel Interiors – Re-Imagining Spaces

Category: Hotels, Posted:05 Jul 2020 | 13:59 pm Catch Volume 6 of C9 Hotelworks and Delivering Asia Communications Design Re-Invention series. The virtual event will be on Wednesday 15 July, 3:00 pm Bangkok | 4:00 pm Singapore time. Sign up Hospitality today is about to enter a new cycle which has been accelerated by the current global crisis. This important virtual event is a […]
Read more

It Takes an Island: Sustainability and the New Traveler

Category: Tourism, Posted:03 Jul 2020 | 10:13 am A  special virtual sustainable event from C9 Hotelworks and Delivering Asia Communications will be held on  Thursday 9th July at 3:00 pm BKK / 4:00 pm Singapore. Registration is free While the present global crisis has effectively stopped travel in its tracks, one of the side effects has been the restoration of nature into many […]