TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Royal Phuket Marina Up For Sale

Category: Real estate, Posted:07 Jul 2016 | 09:48 am

One of Asia’s leading yachting facilities Royal Phuket Marina has been put into the transaction market.

Developed in 2005 by entrepreneur Gulu Lalvani, the facility features 110 wet berths and a hardstand for 40 watercraft.

The sale includes 100% interest in the marina, the commercial complex along with a beachfront site in nearby Naka Yai island.

Jones Lang LaSalle Hotels have been retained as the exclusive broker.

Overall the offering is over 193 rai and there is a considerable land bank for hotel, residential and commercial expansion.

Yachting is a key island growth industry and a strong economic indicator.

Over the past decade Gulu Lalvani has been a strong investment advocate of Brand Phuket and he is now looking to give someone the upside opportunity to execute a larger integrated offering.

Phuket’s surging tourism numbers are seeing strong demand from international investors as can be seen from the interest in another mega property in Mai Khao, the West Sands project which is in the process of being bid out.

 

Other News

Read more

The Future of Virtual Versus In-Person Hotel Events

Category: Hotels, Posted:25 Sep 2020 | 13:48 pm C9 Hotelworks and QUO have put together a short survey we hope you will take. As we look to the future of events for the hospitality and tourism sectors, we’re curious to understand more about your expectations and appetite. How far will you be willing to travel (if at all)? What subjects will you be […]
Read more

Project Rattan Focused On Restoring Thai Craft

Category: Tourism, Posted:20 Sep 2020 | 08:52 am If you find yourself in Bangkok from now until the end of December, you should take some time and visit Australian designer Patrick Keane’s Project Rattan exhibition at River City. Project Rattan is an exhibition of furniture design featuring Thai craftsmanship and aimed at restoring local artisans to create international level products. The exhibit is […]
Read more

Condo Hotels and TPO’s Hitting Bangkok

Category: Hotels, Posted:20 Sep 2020 | 08:47 am Bangkok’s hospitality market is set rapid growth in the emergence of condo hotels and third party management operators (TPO’s). The trend is best seen with the recent launch of The Wyndham Queen Convention Centre Hotel and Residences in Bangkok operated by Kew Green Management Company Thailand. Kew Green has seven properties in the pipeline in […]