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

Direct Hanoi Phuket Flights Commence

Category: Tourism, Posted:20 May 2023 | 12:11 pm Vietjet has kicked off direct flights between Hanoi and Phuket. The airline also operates daily service between the Thai resort island and Ho Chi Minh City. While short-haul regional Phuket is gaining pace, with China gaining traction, long-haul traffic to Thailand remains slower compared to 2019, according to OAG. Thai Airways International’s absence from the […]
Read more

Phuket Hotels Association Online Travel Auction Now Open

Category: Hotels, Posted:14 May 2023 | 09:56 am The annual non-profit Phuket Hotels Association Absolutely Fabulous Online Travel Sale is now up and running. CLICK With nearly 200 hotel travel and dining deals across Thailand, Asia the globe, all proceeds go to the education scholarship fund of PHA. Over 45 Thai hospitality students are now supported by the fund and these are the […]
Read more

C9 Hotelworks and Horwath HTL Release New Bali Hotel and Branded Residences Report

Category: Hotels|Real estate, Posted:28 Apr 2023 | 16:33 pm The resort island of Bali continues to be one of the world’s most desired holiday destinations. Over the past three decades, its resort real estate market has continued to evolve and change. Though, for branded residences, both in the lead-up and period after the global pandemic it has lagged behind other key Southeast Asian leisure […]
SiaJai logo

Thailand's Leading Homecare Marketplace