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Red Planet Raise USD70 Million From Goldman Sachs

Category: Hotels, Posted:28 Sep 2016 | 14:04 pm

Thailand-based budget hotel group Red Planet has raised USD70 million in funding from Goldman Sachs to expansion of the chain

According to the group they have raised USD240 million over the past 6 years and their next step is an IPO (initial public offerings).

Currently the group has 26 operating hotels in four Asian countries – Thailand, Philippines, Japan and Indonesia.

Prior to using the Red Planet name for properties the hospitality group had worked under a license agreement with Tune Hotels.

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Direct Bali Phuket Flights Return in Phuket

Category: Hotels|Tourism, Posted:14 Jun 2024 | 08:15 am The once popular Phuket Bali flight route will see AirAsia restart direct flights from 10th August 2024. AirAsia Indonesia will be the carrier and flight frequency will be three times a week. Bali hosted nearly 600,000 international visitors in May with Australia ranking 22.5% share, followed by India with 11.3% and China on the rise […]
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Registration Open for Mind the Gap – Women & Diversity in Hospitality – A Learning Event

Category: Hotels|Tourism, Posted:13 Jun 2024 | 09:55 am Diversity, inclusiveness, and equality are core issues for the hospitality industry. C9 Hotelworks and the Phuket Hotels Association have organized a learning event titled ‘Mind the Gap, Women & Diversity in Hospitality on Saturday 31st August at the SAii Laguna Phuket. Join us in this unique, candid, and insightful half-day session that takes a closer […]
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Samui’s Booming Villa Rental Marketed Featured in New C9 Hotelworks Report

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