Spanish Hotel Group To Manage Royal Phuket Yacht Club

Category: Hotels, Posted:21 Aug 2012 | 06:00 am

Spanish hotel chain Iberostar has signed a management agreement for the 110 room Royal Phuket Yacht Club with the property's owner Barcelona based Corbis Group.

According to the operator management services will commence by the fourth quarter of this year and includes the stalled Hotel Summer Place which is under development in Rawai.
The move marks a decided turn of events for the well known island hotel after the high profile Purnavarna Hotels and Resorts legal case in which Steven Granville was freed from jail after spending 18 months in jail. Charges in the case were dropped against Granville.
The Royal Phuket Yacht Club has been previously managed by Le Merdien and prior to this the Mandarin Oriental chain.

Other News

C9 Hotelworks New Thailand Branded Residences Report Released

Category: Hotels|Real estate, Posted:21 Sep 2024 | 09:19 am In 2020, Aman Nai Lert Bangkok established a new standard for ultra-luxury branded residences positioning itself as the best-in-market product at the time. Today, the Porsche Design Tower Bangkok, developed in partnership with Ananda Development, has pushed those boundaries further, surpassing THB1 million (just over USD33,000) per square meter. This landmark project not only raises […]

Phuket’s Hilton Garden Inn Transacts to TriO Capital

Category: Hotels, Posted:13 Sep 2024 | 12:58 pm The 177-room Hilton Garden Inn Phuket, Bang Tao has traded to private equity group TriO Capital. Operating under a franchise agreement with Hilton, the hotel opened in late 2021 and had been owned and operated under GCP Hospitality. A strategic plan for a design and development upgrade under TriQ will kick off at the end […]

South Korea Tops Asia’s Branded Residences Pricing Premiums In C9 Hotelworks Latest Report

Category: Hotels|Real estate, Posted:11 Sep 2024 | 10:17 am South Korea’s luxury real estate market has evolved significantly, transitioning from traditional residential properties to innovative branded residences. The trend began in 2008 when The Ananti Hotel introduced a pioneering co-ownership model, targeting affluent buyers seeking luxury vacation homes and social prestige. This success spurred other domestic brands like Lotte and Hanhwa Resorts to follow […]

More Insider News