Phuket’s Boathouse Hotel Sold
Category: Hotels, Posted:14 Dec 2016 | 15:54 pm
One of the island’s first boutique hotels has been sold, the Boathouse in Kata.
The seller of the property is Thailand’s Montara Holdings and the buyer is a listed Singapore group.
According to a filing with the Singapore Stock Exchange the purchaser is a subsidiary of the HPL Group.
JLL Hotels brokered the sale.
This year is shaping up to be a large-scale transaction market with such island hospitaltiy assets as The Nai Harn and Manahai Surin Beach current for sale.
Destination Ink Radisson For Patong HotelCategory: Hotels, Posted:12 Mar 2023 | 23:16 pm Phuket’s hotel brand conversion trend is continuing, with the latest move having Radisson sign a deal for a 390-room hotel in Patong. Owned by the Destination Group, the property will be branded as a Radisson. This is the fourth recent conversion by Destination with one more Radisson and two Holiday Inns by IHG. Expect more […]