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Pruksa Team Up With Ariva Hospitality

Category: Real estate, Posted:25 Oct 2011 | 06:00 am

Singapore hospitality group Ariva has joined into a new business venture with Thai listed property developer Pruska Real Estate.
Rentals will be the target of the enterprise which is looking to spur investment type sales at Pruska's upscale projects, with Ivy Thonglor being the first step.
Marriage's between development companies and hotel chains are continuing to mount since the global financial crises triggered a slowdown of sales to overseas buyers.
It's been rumored that Raimon Land is looking to launch a hospitality led offered a their projects which have slow moving inventory.
While the country's tourism numbers continue to escalate renting of residential units looks propel numbers of non-traditional accommodation units for the foreseeable future.

Other News

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C9 Hotelworks Releases New Phuket Hotel Market Update Report

Category: Hotels|Tourism, Posted:16 Mar 2023 | 00:29 am According to C9 Hotelworks new Phuket Hotel Market Update 2023, the resort island’s tourism recovery has accelerated over the past six months. With the removal of Thailand’s pandemic travel restrictions in 2022, airlift quickly ramped up as India and Malaysia were key early source markets. Over the current winter season aside from the return of […]
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Destination Ink Radisson For Patong Hotel

Category: 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 […]
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Hilton Phuket Arcadia Reflagged To ACCOR’s Pullman Brand

Category: Hotels, Posted:03 Mar 2023 | 07:35 am One of Phuket’s largest hotels, the 662-room Hilton Phuket Arcadia Resort has been reflagged under ACCOR’s Pullman brand. The hotel, which will be named Pullman Phuket Arcadia Karon Beach Resort will operate as a Pullman effectively in April of this year, and a staggered 24-month refurbishment program undertaken. With this addition, there will be three […]
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