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Six Senses Soneva Branded Residences Creating Niche Offering

Category: Real estate, Posted:07 Aug 2009 | 09:54 am

Opening this October the 42 key Soneva Kiri luxury resort on Koh Kood is creating a buzz for many industry watchers. In addition to the hotel there are 20 four bedroom and 1 six bedroom residence priced from US$4.5 million up to $7.5 million which offer usage and rental yield programs by the hotel.

While the island getaway certainly creates an aura of privacy and a unique offering; access is mainly by private plane that takes an hour from Suvanabhumi to a nearby island and then speedboat. Operating costs will be significant so it remains to be seen how the offering will measure up in terms of financial returns. Both seasonality and overhead expenses will challenge the limited critical mass of the resort.
In the meantime branded hotel real estate remains thriving in Asia unlike other parts of the world, though the results are yet to be seen in terms of returns to investors for many of these smaller resorts in tertiary markets.

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Dusit Ties Up With Layan Verde Phuket Branded Residences

Category: Hotels|Real estate, Posted:26 May 2024 | 16:53 pm Thai hospitality group Dusit International has signed a deal with VillaCarte Group for their upcoming Layan Verde project in Bangtao Phuket. The agreement covers 633 units under two brands – Dusit Residences and a Dusit Collection Hotel. An opening is planned in 2027 with a key highlight being an EDGE environmental certificate. VillaCarte Group has […]
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Koh Samui Gets New Daily Direct Flights From Singapore

Category: Tourism, Posted:14 May 2024 | 09:32 am In a major boost for Koh Samui tourism, Singapore’s Scoot Airlines has commenced daily flights. Currently, there is a daily flight, with a second flight expected to be added in June of this year. Scoot is a subsidiary of Singapore Airlines. The airline is using Embraer E190-E2 aircraft which accommodate 112 passengers on the route. […]
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The C9 Sessions – Understanding Thailand’s Hotel License Regime and Procedures for Branded Residences, Condo Hotels, Mixed Use Projects and Vacation Rentals

Category: Hotels|Real estate, Posted:13 May 2024 | 16:39 pm Branded residences, condo hotels, mixed-use projects, and vacation home rentals are becoming a significant player in Thailand’s hospitality space. As property developers, real estate investors, and property buyers are learning, this is a complex space that requires well-structured projects. Join us for a unique 90-minute co-working lunch learning session about all the moving parts in […]
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