TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Thai Group On Overseas Hotel Buying Spree

Category: Hotels, Posted:12 Nov 2015 | 10:19 am

Thai property group Singha Estate has been making headline news in hotel circles with their acquisition of a hospitality chain in the UK.

Singha partnered with another Thailand-based firm FICO on the purchase of Jupiter Hotel Holdings who operate 26 properties under ACCOR’s Mercure flag.

More reports are circulating in the business community that Singha is expected to add to the portfolio in the near future and will use the venture for continued expansion in the UK and Europe.

Thailand’s hotel groups are increasing their exposure to overseas assets and diversification seems to be the order of the day as Asia’s sector remains highly priced and investment yields are under attack.

 

Other News

Read more

Koh Samui Gets New Daily Direct Flights From Singapore

Category: Tourism, Posted:14 May 2024 | 09:32 am In a major boost for Koh Samui tourism, Singapore’s Scoot Airlines has commenced daily flights. Currently, there is a daily flight, with a second flight expected to be added in June of this year. Scoot is a subsidiary of Singapore Airlines. The airline is using Embraer E190-E2 aircraft which accommodate 112 passengers on the route. […]
Read more

The C9 Sessions – Understanding Thailand’s Hotel License Regime and Procedures for Branded Residences, Condo Hotels, Mixed Use Projects and Vacation Rentals

Category: Hotels|Real estate, Posted:13 May 2024 | 16:39 pm Branded residences, condo hotels, mixed-use projects, and vacation home rentals are becoming a significant player in Thailand’s hospitality space. As property developers, real estate investors, and property buyers are learning, this is a complex space that requires well-structured projects. Join us for a unique 90-minute co-working lunch learning session about all the moving parts in […]
Read more

Phuket Hotels Association Charity Online Auction Now Open

Category: Hotels|Tourism, Posted:28 Apr 2024 | 09:14 am The Phuket Hotels Association’s absolutely fabulous charity travel sale is now open. This annual event continues to grow with amazing travel stays and other prizes not only in Phuket, but across the region and the world. New items are continuing to be added so check back often. All proceeds go to support over 20 full-time […]
SiaJai logo

Thailand's Leading Homecare Marketplace