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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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Mind the Gap – Keep People Inspired Event in November

Category: Hotels|Tourism, Posted:22 Oct 2022 | 08:50 am Keep People Inspired (KPI) is the second in a series of Mind the Gap Learning events. The focus of the event is on inclusiveness in hospitality, spanning Phuket’s hotels, tourism and service industries. Inclusiveness is a key element of businesses that rely heavily on human resources and is in effect all about people, whether they […]
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Japanese Luxury Brand Hoshinoya Heads To Niseko

Category: Hotels|Real estate, Posted:14 Oct 2022 | 17:42 pm Leading Japanese hotel operator Hoshino has inked a deal for a luxury resort in Niseko with developer Zekkei Properties. Located in a prime ski-in and ski-out location in Upper Hirafu Village, the 62-unit hotel and residence property will be named Hoshinoya Lodge Niseko. With one of Hirafu’s best locations, the site was formerly occupied by […]
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Phuket and Beyond, A Brief Friday Hotel Update

Category: Hotels, Posted:14 Oct 2022 | 10:24 am In Phuket, Wyndham Vacation Resorts has signed a deal to manage the 50-key Zenmaya Oceanfront in Kalim. The property will be under the Trademark Collection by Wyndham. There are synergies for the hotel given it is located across a main coastal road from the Wyndham Grand Phuket Kalim Bay. Regional carrier Myanmar Airways International (MAI) […]
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