TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Six Senses Sri Lanka Deal Dies

Category: Hotels, Posted:08 Feb 2013 | 06:00 am

The joint venture deal between Thailand's boutique resort chain Soneva and Aitkin Spence in Sri Lanka is dead in the water.
While the deal which included branded million dollar hotel villas in Ahungalla was first initiated under Six Senses, after last year's purchase by Pegasus Capital, Sonu Shivdasani carved this out of the purchase and retained it under fledgling Soneva.
Now TTG Asia has reported that the deal is dead and that Aitkin Spence are now speaking to other international groups.
Though post-war Sri Lanka has gained a large amount of global press, the inability of local developers to put equity into hotel deals has hampered the hospitality pipeline.

Other News

Read more

Rosewood Branded Luxury Residences For Kamala Phuket

Category: Hotels|Real estate, Posted:27 Jan 2022 | 16:18 pm Thailand’s Raimon Land is developing 14 stand-alone luxury Rosewood branded residences on Phuket’s West Coast at Kamala. The  Rosewood ultra villas have 4-6 bedrooms and are located in a private gated luxury estate. There is no hotel as part of the project. Kamala is an upscale island destination and is well known for its Millionaire’s […]
Read more

Phuket’s Koh Siray Adds A New Hotel

Category: Hotels, Posted:22 Jan 2022 | 15:45 pm Phuket’s east coast has a new hotel with the recent opening of the Sinae Hotel in Koh Siray. The resort offers a collection of 64  studio units, and lifestyle as well as private pool villas. A key feature of Sinae is its elevated hillside ocean views. Access to nearby Phuket Town is ten minutes from […]
Read more

The Aussies Are Coming

Category: Hotels|Tourism, Posted:22 Jan 2022 | 14:53 pm For Phuket hotel sales and marketing teams, the go-to-market has been Russia during the height of the winter snowbird season. With March fast approaching and Thailand’s approval of a revised Test & Go program from the beginning of February, hoteliers are looking at the vast void of the second quarter of the year. Certainly, domestic […]
SiaJai logo

Thailand's Leading Homecare Marketplace