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Valentino's Phang Nga Bay Koh Yao Yai Land to be Auctioned

Category: Real estate, Posted:10 Mar 2009 | 12:09 pm

As part of its continuing liquidation program the Government's Thai Asset Management Corporation (www.tamc.or.th) has announced the sale of a number of prime land assets including a number of plots with a total area of over 1,600 rai which were recovered by the government as a result of a land scandal involving a high profile Malaysian businessman.
Borne from the 1997 financial crises the Agency was set up under Emergency Decree B.E. 2544 to handle impaired assets and transfer them from state-owned and private institutions. By the end of last year total assets under management had a value in excess of THB 75 billion.
Recently another lot in Phang Nga bay has been transacted by TAMC. Given the opening of two luxury resorts last year the Six Senses Destination Spa on Naka Yai and Six Senses Hideaway Yao Noi propelled interest in Phuket's east coast hotel market. While three new developments currently underway Jumeirah Private Island Resort, The Yamu and Taj Exotica are tapping into a geographic shift for some very large international high profile accommodation chains.

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AWC Set to Snap Up Westin Siray Bay Resort Phuket

Category: Hotels, Posted:11 Nov 2022 | 08:06 am Thailand’s growing hospitality conglomerate AWC (Asset World Corporation) has made public plans to acquire the 257-key Westin Siray Bay Resort and Spa Phuket. It is also acquiring the Grand Mercure Windsor Bangkok which has 459-rooms The AWC Phuket portfolio already includes the Phuket Marriott Resort and Spa Nai Yang Beach and Courtyard by Marriott Phuket […]
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Banyan Tree Phuket Launching New Oceanview Branded Residences

Category: Real estate, Posted:10 Nov 2022 | 12:20 pm Phuket’s Banyan Tree is rolling out two new products under their Grand Residences estate. Ten premium oceanview villas are priced in the THB100-150 million range and 40 seaview condominiums with median pricing of THB85 million. Located within the Laguna Phuket integrated destination resort, the group is expected to bring more real estate products to the […]
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Mind the Gap – Keep People Inspired Event in November

Category: Hotels|Tourism, Posted:22 Oct 2022 | 08:50 am Keep People Inspired (KPI) is the second in a series of Mind the Gap Learning events. The focus of the event is on inclusiveness in hospitality, spanning Phuket’s hotels, tourism and service industries. Inclusiveness is a key element of businesses that rely heavily on human resources and is in effect all about people, whether they […]
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