Thai Developer Sansiri Raises Stake In Standard Hotels
Category: Hotels, Posted:26 Aug 2019 | 07:46 am
Thai-listed real estate group Sansiri has raised their shareholding in boutique hotel chain The Standard.
Sansiri has invested an additional USD40.5 million to increase their shares to now control 59% of Standard.
While Standard have made the news about projects in Thailand, they yet are to formally announce any.
They have confirmed a deal for a purchase and conversion ofHuruvalhi in the Maldives.
Destination Ink Radisson For Patong HotelCategory: Hotels, Posted:12 Mar 2023 | 23:16 pm Phuket’s hotel brand conversion trend is continuing, with the latest move having Radisson sign a deal for a 390-room hotel in Patong. Owned by the Destination Group, the property will be branded as a Radisson. This is the fourth recent conversion by Destination with one more Radisson and two Holiday Inns by IHG. Expect more […]