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Timeshare Investigation Brings Scrutiny To Sector

Category: Real estate, Posted:28 May 2011 | 09:52 am

Reports of a new government task force with joint agency cooperation is set to bring the island's shared ownership under increased regulatory vigilance.
An increasing number of consumer complaints have been received recently highlighted by allegations over company defaults and non fulfillment of obligations to buyers.
Patong is at the center of the squall, where the municipality has been working to control overzealous sales and marketing pitches on the street and in shops where tourist feedback is increasingly negative.
While Phuket has a long history of quality vacation ownership companies, a recent surge in start-up's and the domino effect of competition driven pressure is starting to bring a wave of issues to the limelight.

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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