Phuket’s Katathani Group Buys Chiang Rai Hotel

Category: Hotels, Posted:06 Jan 2018 | 11:33 am

One of the island’s largest hotel owners, Katathani has transacted the 271-key Dusit Island Resort in Chiang Rai.

According to TTR Weekly the deal is valued at approximately THB1 billion and new ownership will invest in a substantial upgrade.

It’s understood the hotel will close in April and re-open in August under the Katathani Collection who operate 6 properties in Phuket and Khao Lak.

Airlift to Thailand’s North to Chiang Rai and Chiang Mai is on an upward trend, while the nearness to the massive Chinese market is pushing hotel investors to these destinations.

Other News

C9 Hotelworks Releases Mid-Year Phuket Hotel Market 2023

Category: Hotels|Tourism, Posted:10 Sep 2023 | 15:42 pm In the first half of 2023, Phuket experienced a resurgence, signaling a promising path toward recovery. International and domestic flights both saw significant increases, accounting for 75% of the total flights in 2022. Airlines and travelers alike are eager to reengage with Phuket’s offerings. In terms of passenger arrivals, the first half of 2023 displayed […]

The Green Minute – PHIST 2023

Category: Hotels, Posted:10 Sep 2023 | 14:11 pm For those of you who missed PHIST 2023 and those of you who did attend, please find a selection of video short Green Minutes from the event. Sustainability has to be a priority for the hotel and travel sectors and hopefully the ideas and messages here, give you your own inspiration to go green. PHIST […]

TG’s Big Birds Set To Fly Phuket Bangkok Route Again

Category: Tourism, Posted:08 Sep 2023 | 16:14 pm One good indication of Phuket’s return to tourism recovery is airlift growth. Making news this week is Thai Airways International’s reported resumption of service on the high-traffic Phuket Bangkok route. The airline will start a once-daily right on 1st October 2023. Thai Smile (WE) will still operate other flights til the end of November when […]

More Insider News