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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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Go Ahead. Get Your Ya-Ya’s Out

Category: Tourism, Posted:17 Jan 2021 | 06:00 am Close your eyes. Go ahead. Remember a time when you were young. The magic as a kid, taking blankets, sheets, or even boxes and creating a fantastical tent or unique crazed getaway in the house. Letting your imagination go wild and take you on a journey to incredible places. Or pitching a tent in the […]
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Is Thailand Ready For Legalized Gambling?

Category: Tourism, Posted:16 Jan 2021 | 13:38 pm Topping Thailand’s economic news are comments by the Prime Minister that he is willing to consider opening up gambling, according to the Bangkok Post. With the Thai economy struggling at funding an economic recovery process that has been under extreme duress by Covid-19, the question now will the pandemic be an accelerator of a long-lasting […]
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Phuket’s World Class Creative Mad Metal Men

Category: Tourism, Posted:15 Jan 2021 | 09:15 am The Underwood Art Factory with its crazy, cool, innovative metal sculptures and fabrication is one of the island’s best global exports to some of the leading design hotels around the globe. Founder John Underwood’s long-term work with renowned design guru Bill Bensley has seen his work showcased in countless iconic locations and properties. The Underwood […]