TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Sheraton Grande Laguna Phuket and Le Meridien For Sale?

Category: Hotels, Posted:16 Dec 2010 | 09:41 am

A few weeks ago we started to receive a series of phone calls and messages from investors and industry types inquiring about the sale of two prominent Phuket island hotels.
Both are well known 5-star hotels owned by significant listed hospitality firms. Tracking back the information led us to the website <link>http://www.thailandhotelsforsale.com*ThailandHotelsForSale.com</link>
Looking at the site "Thailand Hotels For Sale" there are a number of well known Phuket, Bangkok and other hotels in the country shown. Going to the Phuket section was an entry with a full set of pictures of the Sheraton Grande Laguna Phuket in Bangtao priced at THB5.7 billion and then Le Meriden Karon for THB6.7 billion. While no name was listed, there were full sets of photographs explicitly identifying the hotel, accompanied by location and details.
Two quick calls to the Thai listed Laguna Hotels and Resorts and HPL in Singapore who are the respective owners confirmed these properties are not on the market.
Going over the listings there are a number of other familiar hotels which have also been confirmed are not for sale.
Listed on the website are no contact details and only a reference to a company called First-One Property. Only a automated response form is available for interested parties.
Doing a search on the company came up with affiliated sites First-One Media and Marketing and First-One Thailand Property Network. Again only email addresses and no offices shown or telephone numbers. Another link came to www.backpackthailand.com which is listed under First-One Media and uses links for Google ads and booking links. Here Krabi and Aonang domains are listed for sale.
It's been tedious explaining to the host of callers that a selection of these iconic hotel properties are indeed not for sale. Many responded that these 'fishing expeditions' by strategic internet companies tarnished the image of the island and Thai property industry.
There remain a large number of reputable internationally affiliated and local real estate agencies here which act with integrity and professionalism so we'd encourage potential investor's to do their homework, make informed decisions and as always seek experienced advice.

Other News

Read more

Thaiger Cage Hospitality Digital Pitch Event To Debut at Thailand Tourism Forum 2023

Category: Hotels|Tourism, Posted:26 Dec 2022 | 13:48 pm Leading Thai digital media outlet The Thaiger is launching a new start-up technology pitch event ‘The Thaiger Cage’ on 16th January 2023 at the Conrad Bangkok. It is a special prequel to the Thailand Tourism Forum (TTF) 2023, now in its twelfth year and widely considered to be the country’s leading annual hospitality event The […]
Read more

Could Thailand’s Southeast Coastal Gem Khanom Be The Next Koh Samui?

Category: Real estate|Tourism, Posted:23 Dec 2022 | 12:26 pm The search for the next big resort destination in Thailand is an absolutely big ask. An expansive country with 77 provinces and an amazing array of diverse geographical locations, Instagram-worthy aspects, and distinctly different nuances. Out of this brazen travel chaos, the endearing term ‘same same, but different’ was born and remains highly relevant. Yet, […]
Read more

Digital Homecare Platform SAIJAI Unveils “Hospitality Staffing” Solution as Hotels Grapples with Manpower Crisis

Category: Hotels, Posted:21 Dec 2022 | 12:21 pm The pandemic changed everything. It has been an accelerator but also a major change-maker for Thai service workers retrenched or “paused” during the three-years Covid crippled Thailand’s hospitality industry. Many who left the sector are now in great demand to return but there is a reluctance to do so on as the sector has simply […]
SiaJai logo

Thailand's Leading Homecare Marketplace