TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Phuket 3.0 Where's The Next Hotel Coming?

Category: Hotels, Posted:24 Aug 2009 | 09:38 am

Its official since we recently updated the hotel pipeline registering in at 38 new properties in the pipeline the total has now exceeded the 40 mark and continues to climb. Recent announcements of a 280-room Pullman managed hotel in Naithon and the 70-room U boutique resort in Kamala have pushed up the total.
Getting out our crystal ball and looking to provide some insight on where may be the next set of hotel developments are, starting north to south we'd like to set out some likely scenarios. Mai Khao has a 300 rai site with beachfront currently on the market, given new projects such as Renaissance, Holiday Inn and the recently opened Anantara the area is becoming a significant market.
There is a hotel site near to the Pullman in Naithon currently under preliminary work, so expectations are that a second branded hotel may come up in that area. While in Kamala Bangkok based Tanayong have a second hotel site on their land holding there which remains a prime beach front location.
South Patong out over the bridge plays host to the Emerald Bay project, which was intended to be a Park Hyatt, and remains at large, and Gaysorn Groups Cape Paradise high-end location is earmarked for an upscale villa and hotel project. While in Kata Noi Lehman's cliff side piece of stunning real estate continues to defy transaction odds.
Rounding out the list is the Four Season's Laem Ka land which failed to transact and continues to be held by Singapore's HPL and the Lehman liquidators. Long term this site hold great potential for a premium product. So that's it, we'd weigh strongly in that there will materialization on some of this list before the end of the year so stay tuned.

Other News

Read more

New Phuket Hotel Market Update 2024 Report From C9 Hotelworks

Category: Hotels|Tourism, Posted:17 Apr 2024 | 19:06 pm Phuket’s tourism industry is undergoing an ongoing rebound, with last year’s airport passenger arrivals edging towards pre-pandemic figures according to C9 Hotelwork’s Phuket Hotel Market Update 2024. While hitting 7 million, it was still short of the 9 million mark set in 2019. This year the trend is continuing with 1.62 million arrivals to date […]
Read more

Delving Into the Real Estate Rental Landscape of Phuket

Category: Opinion|Real estate, Posted:16 Apr 2024 | 09:39 am Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island. Rental demand coming out of the COVID19 pandemic experienced sustained uplift and has continued to perform […]
Read more

Inside the Numbers. The Potential of a Phuket Property Bubble

Category: Real estate, Posted:13 Apr 2024 | 13:12 pm One of the most common questions I am asked these days is about a potential Phuket real estate bubble. While it’s a popular buzz term, so many who ask the question don’t understand what a bubble is. The most notable real estate bubble in recent history was the subprime housing crisis in the United States […]
SiaJai logo

Thailand's Leading Homecare Marketplace