TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Sri Panwa Going Property Fund Route

Category: Hotels, Posted:15 Mar 2013 | 13:28 pm

Phuket luxury resort Sri Panwa will be sold into a property fund according to documents filed yesterday with the Stock Exchange of Thailand (SET).
Assets include 38 hotel units and 7 serviced apartments which have been valued at THB1.9 billion.
Two guarantees will be placed within the property fund going forward which will be backed up by Charn Issara Development PLC.
It's understood the group has plans for a hotel property which is located in Hua Hin.
Property funds continue to be in favor by Thai developers despite the availability of REITS.
Other recent fund action has been undertaken by key hospitality players Erawan and Dusit.

Other News

Read more

Manic Monday. No Rain, No Rainbows

Category: Tourism, Posted:20 Sep 2021 | 14:24 pm Rainy days and Mondays are no reason to get down. We have three new Thai Road Trip episodes from C9 Hotelworks and our friends at Delivering Asia Communications for you. Have a seat, throw the umbrella out the window and take a look now. INSIDE STORY Bill Heinecke’s Phuket Resort Home Phuket Hotel Insight – […]
Read more

After The Sandbox – Phuket Hotels Ask What’s Next?

Category: Hotels, Posted:16 Sep 2021 | 09:37 am The resort island of Phuket’s proof of concept Sandbox advantage looks to dramatically change come October. Since the first of July island hotels have experienced considerably higher occupancy levels and much-needed revenue from international arrivals. This has been Sandbox generated, and travelers, not necessarily tourists. Bangkokians fleeing the red zone situation have also aided in […]
Read more

Remembering Florian Hallermann

Category: Hotels, Posted:16 Sep 2021 | 08:56 am We’d like to take a moment to remember Zeavola General Manager Florian Hallermann. Florian tragically died in a hiking accident in Ko Phi Phi. He was a familiar face in Greater Phuket hospitality circles for many years and well-loved in Ko Phi Phi, which was his last posting. Looking back at the start of our […]