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NEWS ALERT Centara Expands With Astudo Chain Merge

Category: Hotels, Posted:04 Mar 2010 | 19:36 pm

Leading Thai hotel group Centara have struck a deal to acquire the management of properties under Bangkok based Astudo Hotels. Astudo currently operates under the X2, Le Bayburi, Case and Away brands which have 7 operating properties and 5 in the pipeline.
Centara (formerly Central Hotels)will be rebranding the Astudo properties and have recently announced that a new budget tier product would be put into the market. The deal give Centara added critical mass and helps push forward its strategy to grow as a management chain both in Thailand and in the region.
In Phuket there is a Le Bayburi project under development in Kata. For Anthony McDonald of Astudo who was able to fast track his homegrown chain over a very short period, this deal certainly has played out as the realization of his ambitions. Looks to be a win win here for all.

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UWC Phuket Enters International School Property Market

Category: Real estate, Posted:20 Sep 2022 | 08:46 am One of Phuket’s leading international schools UWC has entered into a development deal for integrated living. The school has subdivided a portion of its land adjacent to the campus and will have properties built by a Phuket real estate group TYSSEN VIP Development. Branded as the Campus Villas, the 44-unit gated estate offers four types […]
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Noku Hotels Open Fourth Hotel, This Time It’s Phuket

Category: Hotels, Posted:10 Sep 2022 | 21:07 pm Boutique hotel group Noku has opened its fourth property, with Phuket as its latest destination. The Noku Phuket features 91 villas and lofts, overlooking Chalong Bay. Its sustainable design has earned it a Green Mark Gold Award. The group also operates properties in Maldives, Kyoto, and Osaka. Noku Hotels was founded by  Chris Teo of […]
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Radisson Re-Enters Phuket Hotel Market

Category: Hotels|Real estate, Posted:10 Sep 2022 | 13:49 pm Global brand Radisson has returned to Phuket with a 179-key property in Kamala, owned by the Destination Group. The Radisson Resort and Suites Phuket is a conversion of the former Swissotel, which had been managed by ACCOR. It is an all-suite property with one, two and three bedroom units. Nearby the hotel, the large-scale tourism […]
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