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YTL Hotel REIT Modeled On LVMH Brand Concept

Category: Hotels, Posted:26 Apr 2010 | 06:00 am

Aggressive development by Malaysia's YTL hotels group has seen them ramp up their liquidity for acquisitions which looks to see a move to a hotel REIT later in the year. According to reports, Tan Sri Francis Yeow has said the trust will follow a multi brand premium structure similar to leading luxury goods firm LVMH.
Conceptually the formation of a collection of branded properties will add gloss to the offering and allow a form of ownership of prized assets and destinations. REITS which are focused on hotels continue to gain momentum in Asia, while in Thailand a number of hotel property funds look set to be launched within this year.

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Patong Hotel Conversion For Banyan Tree’s New HOMM Brand

Category: Hotels, Posted:12 Jan 2022 | 08:00 am The 71-room Bliss hotel in Patong, Phuket has been converted to Banyan Tree’s HOMM brand. Banyan Tree is looking to fast-track expansion with three new brands a key strategy of conversions of existing hotels. The HOMM Bliss Southbeach Patong is the debut for the lifestyle-focused HOMM. Expect more announcements shortly on new Banyan Tree brands […]
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Three More Thailand Sandboxes Join Phuket On Tuesday

Category: Tourism, Posted:09 Jan 2022 | 20:33 pm The Thai government has added three more  Sandbox destinations along with Phuket for vaccinated international travelers. Effective on Tuesday 11th January 2022, Phang Nga (including Khao Lak), Krabi, and Surat Thai (Koh Samui, Koh Pha-ngan, and Ko Tao) will be open to Sandbox visitors. The current Sandbox restrictions mean a minimum of seven-night stays in […]
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Choice Brand For New Phuket Hotel

Category: Hotels, Posted:30 Dec 2021 | 09:37 am The new upscale Quality Resort and Spa Patong will open in early 2022. Quality is a brand under Choice Hotels International, and the property is operated under a master-franchise agreement with a third-party management group La Vie Hotels & Resorts. La Vie currently operates a number of hotels across Asia Pacific. With 88-rooms, the Quality […]