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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.

Other News

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Direct International Flight For Koh Samui Coming

Category: Tourism, Posted:27 Jul 2021 | 11:29 am Koh Samui is set for the resumption of international flights from Singapore on the 1st of August. Under the Samui Plus program and expecting increased demand, Bangkok Airways is taking this first step for the direct overseas service. The initial stage is three flights a week on Monday, Thursday and Sunday. Meanwhile in the Phuket […]
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Thailand Property Takes Urban Flight As Lifestyle Takes Over

Category: Real estate, Posted:26 Jul 2021 | 06:00 am Thailand’s resort real estate markets have experienced a dramatic reset in buyer profiles over the past eighteen months of the pandemic. A strong wave of domestic demand has seen Thais flocking to the country’s leisure destinations and snapping up holiday or second homes. According to new data released by Thai property portal FazWaz, the popular […]
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Just Another Sunday – Catch-Up

Category: Tourism, Posted:25 Jul 2021 | 15:08 pm It’s a great day to catch up on last week’s video sessions. Check out a replay of the special Business Insider Thailand Resort Property online event.  We also talk to a leading Thai developer on rewriting the map in Northwest Phuket, where a second resort-styled CBD is emerging and finally more on the ongoing Sandbox. […]