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Thai-Listed Group Developing Mega 563 Key Patong Mixed-Use Project

Category: Hotels|Real estate, Posted:12 Apr 2023 | 10:41 am

Thai-listed real estate group World Corporation has acquired a 52 rai site in Patong Phuket for a mixed-use hospitality development named The Forest by YOO.

The project will feature a hotel with 432 rooms and 131 luxury villas and is set to open by 2026.

A management deal has been inked with La Vie Hotels and Resorts as white-label operators for the YOO2 Hotel and YOO villas.

In a notice to the Thailand Stock Exchange (SET) World Corporation received approval for the land acquisition of 52 rai (8.3 hectares) for THB1.8 billion.

Other News

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Dusit Ties Up With Layan Verde Phuket Branded Residences

Category: Hotels|Real estate, Posted:26 May 2024 | 16:53 pm Thai hospitality group Dusit International has signed a deal with VillaCarte Group for their upcoming Layan Verde project in Bangtao Phuket. The agreement covers 633 units under two brands – Dusit Residences and a Dusit Collection Hotel. An opening is planned in 2027 with a key highlight being an EDGE environmental certificate. VillaCarte Group has […]
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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. […]
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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 […]
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