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

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 […]