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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 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 […]
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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 […]
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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 […]
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