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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

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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 […]
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Thailand Property Takes Urban Flight As Lifestyle Takes Over

Category: Real estate, Posted:26 Jul 2021 | 06:00 am Thailand’s resort real estate markets have experienced a dramatic reset in buyer profiles over the past eighteen months of the pandemic. A strong wave of domestic demand has seen Thais flocking to the country’s leisure destinations and snapping up holiday or second homes. According to new data released by Thai property portal FazWaz, the popular […]
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Just Another Sunday – Catch-Up

Category: Tourism, Posted:25 Jul 2021 | 15:08 pm It’s a great day to catch up on last week’s video sessions. Check out a replay of the special Business Insider Thailand Resort Property online event.  We also talk to a leading Thai developer on rewriting the map in Northwest Phuket, where a second resort-styled CBD is emerging and finally more on the ongoing Sandbox. […]