TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

NEWS FLASH Three New International Hotel Brands Open Today

Category: Hotels, Posted:01 Dec 2009 | 09:38 am

High season is here and today marks the opening of three international branded hotel launches with global chain ACCOR's IBIS Kata with 258 rooms, Outrigger Laguna Phuket Resort and Villas 68 units and Best Western Sawaddi Patong adding in 144 rooms. There is a rash of branding activities in the market with Golden Tulip tying up last week with Mangosteen, InVision Hospitality for the boutique upscale B-Lay Tong and news in the works for two other deals expected to be announced within this month.
While tourist numbers are well up over last year, it remains a buyer's market rate wise for the coming season and perhaps beyond. This will be the first year we see a hotel chain with Outrigger starting to penetrate the traditional hotel supply with non traditional vacation pool villas. This looks to start being a competitor for the institutional hotels on the island as the value offering of a pool villa over a premium hotel room is certain to woo away visitors. Stay tuned for more competition in this sector and increasing conversions of residential units into hotel managed pooling arrangements

Other News

Read more

C9 Hotelwork’s Releases Philippines Branded Residences Report

Category: Real estate, Posted:25 Feb 2024 | 19:51 pm The Philippines branded residences market is experiencing a significant maturation, impacted by urbanization and a post-pandemic shift in lifestyle changes. The market is poised for a high level of growth. C9 Hotelworks newly released Philippines Branded Residences Market Update shows a 105% increase in the pipeline, translating to an additional 5,599 units supplementing the current […]
Read more

Phuket’s Largest Highway Interchange Expected To Attract Largescale Development

Category: , Posted:10 Feb 2024 | 09:42 am The release of plans for a massive highway interchange in North Phuket is spurring development activity in the Mai Khao area. A Mueang Mai interchange on the road leading to Phuket International Airport on the island’s main North-South artery will also have a  direct connection to the East Coast spur highway 4027.  (CLICK to see […]
Read more

GOCO Hospitality Inks Deal With Singapore Temasek to Expanded Wellness Resorts in Thailand and Southeast Asia

Category: , Posted:07 Feb 2024 | 10:33 am Leading Bangkok-based wellness group GOCO has signed a deal with Singapore’s Temasek private equity group via The Fullerton Fund. The injection of funds into GOCO is reportedly ‘high eight figures’ and will fund expansion in Thailand and Southeast Asia into hospitality assets. Two acquisitions are expected to be announced in March by Founder and CEO […]
SiaJai logo

Thailand's Leading Homecare Marketplace