Join C9 Hotelworks and Delivering Asia Communications in an event featuring enterprising conversations on Coliving, Coworking & Startups.
The live virtual one-hour session will be held on Wednesday 30 September, 3:00 pm Bangkok Time | 4:00 pm Singapore/Bali/
You can register for free at the following link-
All buzzed up and nowhere to go? If you are desperately looking for green shoots in a world turned grey by the global pandemic, this one-hour virtual entrepreneur-toned gig is the right place to start. Hear a series of smart, fresh thoughts on the coliving and coworking space from a thought-provoking set of speakers including ‘founders’ who walk the walk. How is Covid-19 changing the business models and what are the leading altered opportunities in the days and months ahead.
The new nomads are about the brave new world we are facing and a look down the rabbit hole of the evolving kaleidoscope of an emerging lifestyle in a local and global community. Our storyline will help prospective startups, or those looking to shift careers and take a step into the new normal where work, play, learning, and travel are an exploration of creativity and craft. Don’t miss this event. It just may change your life.
This is part of a series of virtual hospitality events from Delivering Asia Communications and C9 Hotelworks that are intended to create forward-looking conversations, ideas, and learnings for hotels and where the industry goes next.
- David Abraham – Co-Founder, Outpost
- Sukanya Sangsrisak – Ambassador of Buzz, lyf Bangkok
- Yvonne Yeo – Co-Founder, Relogo
- Vikram Bharati – Founder (International), Draper Startup House
- Charlie Rosier – Chief Executive Officer, Cuckooz Nest
- Luca Dotti, Co-Founder, HOMA
- Bill Barnett, Managing Director, C9 Hotelworks
David Johnson – CEO, Delivering Asia Communications
Two luxury lifestyle projects in Thailand’s Koh Chang are set to lead Aquarius International Development’s (AQI) USD250 million Southeast Asia investment strategy.
These are headed by the recently launched Aquarius Residences & Resort in Koh Chang which includes a luxury 99-unit condominium and 23 pool villas.
A second development is the AQ Privilege Beach Club & Residences in nearby Koh Man Nai.
AQI is also unveiling AQ Ventures, a luxury yacht business based in Koh Chang and Phuket, covering charters, management and sales.
Longer term plans for AQI which is owned by Norcal Venture Capital Group calls for further development in resorts, residences and travel and membership services.
Thailand’s Minor group has invested and will operate the hospitality element of a new integrated wellness and medical retreat on the outskirts of Bangkok named RAKxa.
Located in Bang Krachao in Samut Prakan, the project is adjacent to the Chao Praya River on 200 rai of land. The development is a partnership with Bumrungrad’s VitalLife subsidiary and Thai-listed property development group M. K. Real Estate.
Set to open by this end of this year, Minor will operate 27 villas that will tap guests in the wellness programs. In total, sixty villas will be the eventual accommodation component.
RAKxa will offer Functional Medicine and Complementary & Alternative Medicine (CAM) together using a holistic approach. Functional medicine consists of VitalLife Medical Wellness center and Medical Gym.
CAM consists of Thai Traditional Medicine (TTM). Traditional Chinese Medicine (TCM), Ayurveda, Energy Healing, and Therapeutic Spa.
A joint venture between Asia Capital Real Estate and Noon Capital is developing two coliving projects in Phuket with plans for four more across Thailand.
In Phuket, the 505-unit HOMA Phuket Town is under construction and will open in Q3 2021. The location is near to Bangkok Phuket Hospital and Rajabhat University.
While the HOME Chergtalay will be 422 units near to Boat Avenue and Porto de Phuket. A late 2022 debut is expected.
HOMA’s focus is on recurring rental yield and not selling real estate. Properties have studio, one, two, and three-bedroom configurations with extensive co-living facilities targeting both domestic and foreign clients with flexible lease terms.
The two principals of HOMA are Luca Dotti and ex-Lehman’s Blake Olafson.
Want to know more about Niseko’s tourism, hotel and real estate market?
C9 Hotelworks and Delivering Asia Communications will host a live one-our virtual event on Wednesday 2 September, 2:00 pm Bangkok Time | 3:00 pm Singapore | HK 4:00 pm Tokyo/Niseko.
Niseko, Japan has established itself as a world-class winter sports destination. Its luxury resort real estate market recorded close USD2 billion in primary market property sales last year. With the opening of the Park Hyatt Niseko Hanazono early this year and an Aman branded ultra- luxury hotel and residence in the pipeline, its year-round hospitality appeal is in the cusp of a new cycle of growth. Expect to learn more about Niseko’s tourism, hotel, real estate and destination tourism sectors.
This special one-hour virtual event features one of Niseko’s most experienced developers Nisade, insight from leading hotel data intelligence group STR, a read on the property rental market with Elite Havens, the experiences of an international hospitality group Pavilions on how to enter the market and a how to develop a Niseko project with design group ALT-254. MnK will speak candidly about establishing a leading summer season offering and ProperyGuru will preview the upcoming Greater Niseko Asia Property Awards.
- Jonathan Martin, Chairman and Founder – Niseko Alpine Developments Co Ltd.
- Gordon Oldham, Founder – Pavilions Hotels & Resorts
- Shiori Sakurai, Business Development Manager – STR Japan
- Andrew Craig, Country Director Japan – Elite Havens
- Eddie Guillemette, Founding Partner – Niseko Resorts Group
- Vincent McIlduff, Partner – ALT-254
- Jules Kay, Managing Director – PropertyGuru Asia Property Awards
- Bill Barnett, Managing Director – C9 Hotelworks
- David Johnson, CEO – Delivering Asia Communications
Phuket born Pavions Hotels and Resorts has inked a deal for a 96-villa luxury resort in El Nido, Palawan, Philippines.
The mixed use property will offer one and two bedroom villas and a twenty over-water villas with private pools.
A series of hotel branded properties are being sold from USD250-500,000.
An opening is expected in early 2022.
Pavilions also has a mixed use resort under development in Niseko Japan.
Asia’s leading alpine real estate market, Niseko looks set to enter a new property cycle as the main indicator being its once-lofty condominium demand eases off the accelerator. The gold standard of the marketplace for the past five years has been centered firmly in Hirafu, but fast appreciating property prices, scarcity of sites and a mounting inventory of incoming supply is pushing developers to other nearby ski-oriented locations.
The effect of the push outwards from Hirafu is being felt in nearby areas such as Higashiyama – Niseko Village, Annupuri, Hanazono, and Moiwa, given lower underlying land values in these locations. C9 Hotelworks research has revealed mounting transaction volumes in residential land and land and house packages in projects such as Hanaridge, Odin Hills and Hanacreek.
Taking a step back and evaluating the property cycle, the new set of land buyers represent an increase in speculation-oriented investors versus the traditional lifestyle buyers who in the past have been end-users. This again points to a maturation of the real estate market and a possible reset.
Another prime observation of C9 Hotelworks newly released Niseko Property Review is the emergence of a growing number of international hotel brands including the highly-successful Park Hyatt Hotel and Residences Hanazono, and upcoming projects led by luxury mainstays Aman and Ritz-Carlton.
Despite the ongoing entry of larger global chains, a reality-check surfaced recently when the Hyatt House in Hirfu was reflagged to the Thai group Chatrium highlighting the unique skill set required of operators of mixed-use hotel residences. This is a stark reminder that Niseko is vastly different from a traditional resort marketplace and that condominium-type hospitality products are inherently more complex to operate versus single-owner hotels.
Looking forward, given the broader market focus on resort-grade properties and increasing shift towards rental yields as the sector grows, tourism fundamentals are expected to play a key role. A new 20-year Kutchan Town Urban Planning Masterplan process is underway that will weigh heavily on the area’s future development.
Taking a view of the all-important airlift factor, regional direct flights to Sapporo’s New Chitose airport pre-crisis have risen sharply, this remains an important barometer for real estate in the future.
There is potential disruption of routes to Thailand, Hong Kong and other Asian gateways which have in the past induced demand to Niseko’s property sector. It’s likely a retraction in the region’s airline industry will mute many leisure-driven destinations.
Another key dynamic is the continued upward pressure on construction rates. While the build-up to the Olympics and speculation on massive integrated-resort casino projects is the backdrop amidst escalating cost, there is little reason to believe a significant downwards adjustment will come into play, thus keeping intense pressure points on developer’s margins.
Our view of Niseko remains positive in the long-term and that market values will hold given unique fundamental of the relatively small size of buyer debt and discretionary nature of the property holdings. That said, the sheer cost of development may restrain investors from undertaking significant integrated developments and year-round resorts, which is what is needed to take the destination into the next stage of its evolution. Ultimately, Niseko has to create a more balanced support infrastructure and the time to do that is now.
A special one day online property sale from The Thaiger powered by real estate portal FazWaz.com will be held on Thursday 18th June.
The flash sale has exclusive properties across Thailand, with discounts up to 50% off.
The 24-hour time period will commence on the 18th at 12 pm and run through 12 pm on the 19th Bangkok time.
Given the current economic crisis, many listed Thai developers are looking to accelerate sales of properties in order to fuel sagging cash flow.
When I was six years old, my world ended with the abrupt start of first grade in school. I recall the traumatic experience and sharp departure of my pre-school lifestyle into the new dark world of a disciplinary regime. Gone was breakfast at leisure, endless hours of TV and the luxury of time.
As it turned out, after two totally dark days and a final refusal to go to school on day three, my parents grudging gave into my staunch demands to stay home for another year and I won a twelve-month reprieve. Regrettably, I ended up losing my childhood best friend Ronnie Mitchell as he stayed the course in school. That said, the one grade degree of separation was just too much for the friendship. Despite the fact that my academic career went from bad to worse, and ended up in a final red card many years later, the lesson learned was a lifestyle choice is the most important one after all. It’s defining, highly personal and aspirational. Enter luxury into the subject line.
As we swoosh many decades forward to the present days of the pandemic, what continues to be clear is that health and wellness is now trending everywhere we turn. But, it’s a with a big B, and the reality is the crisis is just a foot on the accelerator of a larger change that has been evident everywhere in our lives over the past few years.
For hotels and the swinging hospitality set, health and wellness have been relegated to a mystic compartmentalized back into the box modus operandi, at a time when travelers are trying to escape the box. Small isolated areas for gyms, fitness, spa treatment and wellness are disconnected from the broader brand ideologies that shout out local, artisanal, experiential and other blah blah blah. Wellness is like being from Tasmania. Hoteliers have come to worship at the feet of a false god of what they think is important or just copy the other guys, because they seem to know what they are doing. Guess again, hotel groups just don’t get wellness or health.
But, as we start to exit from Covid-19, the reality is that now they have to. My biggest issue with this process is not simply looking at what people want. Henry Ford once said “if I had asked people what they wanted, they would have said faster horses.” As most of us know, Ford was an automobile pioneer. Move onto the Apple smartphone phenomenon. Got it?
What is exciting about health and wellness is it has a chance to create a new script for hospitality. Luxury is dominated by discretionary spending as anyone who wears an Apple watch and counts steps, can tell you. It’s an obsessive, engaging pursuit of lifestyle. Post-crisis, forget the champagne and Rimowa rush, I want to invest heavily in myself, my life and my health.
In terms of what’s changing, human values are being altered to a health and wellness lifestyle that doesn’t end when the travel begins. It’s about space, engagement, programing and investing in yourself not just into a pish posh bling ring. Today, health and wellness are indeed the new luxury and for hotels, this is a blessing and a curse. which will be defined entirely outside the spa and gym. It is indeed time to wake up and smell the future.
To sum it all up, when I’m asked about hospitality health and wellness in the future, my answer is that it’s about flesh and blood, not bricks and mortar.