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West Sands Enters Vacation Ownership Market

Category: Real estate, Posted:10 Apr 2009 | 07:15 am

The integrated resort development West Sands in Mai Khao will be launching a vacation ownership program by October of this year according to Marketing Director Barry King. With 121 rai the project plan has 450 residential and lifestyle units ranging from ocean front and pool villas along with resort condominiums. Waterworld the themed amusement attraction will open later in the year and an Outrigger branded resort with 433 keys is also in the works.
Vacation ownership continues to be a strong mover on the island and industry estimates put revenue turnover at between 1 to 1.5 billon baht a year. Laguna Holiday Club, Marriott Vacation Club and Absolute who has teamed up with David Lloyd on a number of projects are the largest players.
Given significantly price points the vacation ownership market is continuing to develop a growing market share in the overall residential property industry. RCI and Interval International remain the two most popular worldwide exchange players in use. Expectations are that fractionals are going to enter the Phuket market more widely as the residential sales market remains soft and new products are needed to stimulate sales.

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Cambodia Business Briefing – What Comes Next?

Category: Hotels|Real estate|Tourism, Posted:19 Oct 2021 | 08:13 am Hotels, tourism, and real estate are featured in next week’s virtual event – Cambodia Business Briefing. Organized by C9 Hotelworks and Delivering Asia Communications, the session will be on Tuesday 26th October, 3:00 pm Phnom Penh/Bangkok Time | 4:00 pm Singapore/Hong Kong. Cambodia remains one of Asia’s top-up and coming marketplaces. Pre-pandemic, its pace of […]
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PHIST 2021 – Sustainable Asia RE-defined Coming 28 October

Category: Hotels, Posted:11 Oct 2021 | 09:11 am The fourth annual Asian-based sustainability-focused learning event PHIST 2021 will take place in a dynamic virtual setting on 28th October. Organized in Phuket, Thailand with speakers from across the region. PHIST (Phuket Hotels for Islands Sustaining Tourism) has established itself as a leading forum in Asia for sustainable tourism, environmental education for hotels as well […]
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Lonely Planet. Ultimate Vacation Homes. More Phuket Meds

Category: Tourism, Posted:07 Oct 2021 | 21:02 pm It’s Friday and we have a trio of video insights for you. Listen to an intriguing talk with Joe Cummings who is behind the first Lonely Planet Thailand guidebooks. Hear seven short real estate talks on the latest trends. And then, how is Thanyapura looking to expand their medical footprint across Phuket. Right here. Right […]