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Phuket Dot Com Travel Business Sells For USD25 Million

Category: Tourism, Posted:12 Nov 2012 | 06:00 am

The Phuket Gazette has reported that island-based website HotelTravel.com has been sold for USD25 million.
In a transaction which reportedly includes USD15 million in cash and USD10 in shares.
Indian OTA (online travel agency) MakeMyTrip.com is reportedly the buyers.
This is now the second large dot com sale of a website developed locally, with the first being AsiaWebDirect (Phuket.com) to Australian OTA Wotif a few years ago.

Other News

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Patong Hotel Conversion For Banyan Tree’s New HOMM Brand

Category: Hotels, Posted:12 Jan 2022 | 08:00 am The 71-room Bliss hotel in Patong, Phuket has been converted to Banyan Tree’s HOMM brand. Banyan Tree is looking to fast-track expansion with three new brands a key strategy of conversions of existing hotels. The HOMM Bliss Southbeach Patong is the debut for the lifestyle-focused HOMM. Expect more announcements shortly on new Banyan Tree brands […]
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Three More Thailand Sandboxes Join Phuket On Tuesday

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Choice Brand For New Phuket Hotel

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