Archive for the ‘Featured Real Estate News & Articles’ Category

In anticipation of the huge influx of visitors in Koh Samui in Thailand one of the top hotels in the area will spend a huge amount of money to expand the property. The owners of The Library Hotel will spend Bt150 million to Bt200 million on extensions to double the hotel's accommodation providing at least 20 new ... Full story

One of the top event organizer in the world that is based in Germany has expressed hopes that businessmen in Thailand will visit Frankfurt, Germany, to participate in the Light+Building 2010 exhibition of architecture and electrical technology for homes and building. The event is organised by Germany’s leading trade fair organiser, Messe Frankfurt and will take place ... Full story

MAJORITY of property developers in Thailand are confident that the economy of the country will bounce back in 2010 and tyhey will earn better revenues next year. Preuksa Real Estate director and chief operating officer Prasert Taedullyasatit revealed his company's presales might exceed its target of Bt18 billion before the end of this year, after presales of ... Full story

One of the top hotels in Bangkok, Thailand is seeking to achieve 60 percent occupancy rate in 2010 from its current 50 percent occupancy rate. The new new general manager of the Swisso{aci}tel Nai Lert Park in Bangkok says he is working hard against prevailing economic uncertainties to achieve their goal. Torsten Pinter, who assumed his post on ... Full story

Hemaraj Land And Development, Thailand´s leading developer of industrial estates, has joined forces with the Industrial Estate Authority of Thailand (I-EA-T) to open Environmental Monitoring & Control Centre (ESIE), also called E:mc^2, at the Eastern Seaboard Industrial Estate (Rayong). Being the country’s first environmental real time monitoring unit within a private sector industrial estate, the centre concentrates ... Full story

SIX top resorts in Thailand get a much needed boost in its quest for tourists by its membership to the prestigious Registry Collection, the world´s largest luxury exchange programme and one of the Wyndham Worldwide family of brands. Registry Resorts pride itself of having a long list of  global network of luxury properties. Geoff Ballotti, President and CEO, ... Full story

Accor, the largest operator of hotels and resorts in Asia Pacific, plans to expand the  Mercure brand with five new hotels in China, Thailand, South Korea and India. Gaurav Bhushan, senior vice president, Accor Asia Pacific, said the Mercure brand had achieved several milestones this year.  “A record number of 11 Mercure hotels will open this year ... Full story

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

One of the leading housing developers in Thailand is eyeing to construct 10 new condominium projects worth nearly Bt11 billion next year. Sansiri executive vice president for business and project development (high rise) Uthai Uthaisangsuk said the company will shell out nearly Bt11 billion in 2010 for the said projects. Uthai revealed those located close to the planned ... Full story