Archive for the ‘Phuket’ Category

One of the leading property developers in Thailand is planning to invest some of its capital in the world class vacation site Phuket still in Thailand. Thanasiri Group targets further expansion with a planned listing on the Market for Alternative Investment (MAI). The group looks to issue 50 million new shares to reduce debt and for future expansion, ... Full story

HARD times in terms of the low influx of tourists will soon be over in Phuket, one of Thailand's top tourist destination will soon be over. As Phuket´s low season winds down and the Island´s high season beckons Phuket´s property industry have their fingers crossed for a pick-up in business. And the signs look positive. Passenger traffic to ... Full story

Another luxurious hotel is set to open in the vacation haven Phuket, Thailand by the end of 2010. According to reports, Campbell Kane, developers of the much anticipated luxury Phuket project, The Yamu Hotel and the Residences, have joined hands with Evolution Capital and now plan to press ahead with construction of the project scheduled ... Full story

The global financial crisis has not stopped Phuket luxury villa earn Bt3.5bn in the first half of 2009. Based on the report from the Phuket Luxury Villa Market Update Mid-Year Report released by leading Thailand consulting firm C9 Hotelworks, sales volumes for units priced upwards of Bt65m outperformed other sectors by significant numbers. C9´s Managing Director Bill Barnett ... Full story

One of the most luxurious beach resorts in Phuket, Thailand get further boost in its quest for better revenues when it forged partnership with Interval International, a leading global provider of vacation services and an operating segment of Interval Leisure Group. West Sands Phuket Beach Club, is the latest member of the Interval Leisure Group vacation exchange ... Full story

A posh hotel in Phuket, Thailand get further boost in its quest to be the best in the island and earn revenues by forging partnership with Best Western Hotel chain. Based on their agreement, Best Western Hotel will manage Allamanda phase 2 and 3 condo hotel in Phuket, Thailand. As part of the agreement, the hotel will have ... Full story

One of the most luxurious properties in Phuket, Thailand has already been completed and is now for sale for the general public to buy. Thailand’s first world-class luxury marina community Royal Phuket Marina has completed its latest development phase, bucking the property trend with 12 of the 15 luxury properties already sold. According to the report, residents are ... Full story

The famous and world-class Ritz-Carlton hotel chain will soon reach the shores of Thailand. The luxurious Ritz-Carlton brand is set to debut in Phang Nga with the signing of Similan Beach, a Ritz-Carlton Reserve. Strategically located in Bo Dan, just north of Tha Sai, the 79 upscale villa resort will open by the fourth quarter of 2011. Developed ... Full story

The financial crisis affecting almost all nations worldwide has also taken its toll in Phuket, Thailand. Based on the Phuket Hotel Market Update Mid-Year Report released by respected hospitality consulting firm C9 Hotelworks has negative impact on 48 percent of property projects in Phuket. Despite the negative news, developer's enthusiasm to construct more property projects in the island ... Full story

After persistent calls from various sectors to develop further the road and airport in Phuket, the government of Thailand has finally approved a 5.79-billion-baht plan to expand Phuket International Airport. The board of Airports of Thailand Plc (AoT) made the approval to make the Phuket airport more appealing for both domestic and foreign tourists. With budget allocation, it ... Full story