Posts Tagged ‘of’

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

Citing its significance in uplifting the tourism business of Thailand the Federation of Thai Tourism Industries supports the government’s use of the International Security Act as it could prevent unrest and generate confidence among foreign tourists. Federation chairman Kongkris Hiranyakit revealed the enactment of the security law during the recent meeting of Asean economic ministers in Phuket ... Full story

To accommodate an additional 20 million passengers a year airport authorities are now planning to build a domestic passenger terminal at Suvarnabhumi Airport in Bangkok, Thailand. According to Airports of Thailand authorities the construction of the new terminal starts on 2012 and will be completed in 2015. AOT president Serirat Prasutanond revealed the project will cost less than ... Full story

After a disastrous first half of 2009, housing developers are seeing a positive signs of recovery in the remaining six months of the year. With the colorful picture in the economy of Thailand, major housing projects costing nearly Bt100 billion will be undertaken by the leading real estate developers of the country. According to the report gathered from ... Full story

A latest study made by a top condominium developer has shown that the condominium business is showing signs of recovery in Bangkok and Pattaya in Thailand. In the research conducted by Raimon Land PLC ut was discovered that Thailand´s property sector is showing signs of an early recover, as selective investors return to purchasing real estate stocks ... Full story

According to a latest survey, hotels in Bangkok, Thailand are experiencing lack of visitors due to the global economic crisis. In the data released by Jones Lang LaSalle Hotels, it is said that Bangkok hotels' performance is comparable to the levels last seen in 1996 and 1997. The consulting firm said they expect the situation to last for ... Full story

One of the top hoteliers in Europe is suffering economic slowdown in Thailand due to the global economic downturn and country's political turmoil that damaged tourist confidence earlier in the year. According to recent data, European hotelier Accor's consolidated revenues for the first half of 2009 totaled €3,410 million (Bt164.4bn), down 8.1 percent compared with the first ... Full story

One of the top hotels in Bangkok, Thailand was recently chosen as one of the best in the world. The Conrad Bangkok was selected as one of the world’s top 1 percent of hotels by Expedia Insiders Select 2009 based on hundreds of thousands of hotel reviews submitted by Expedia travelers. The Expedia Insiders’ Select list is an ... Full story

A recent survey among 149 property developers in Thailand has revealed that the confidence of these businessmen that the economy of Thailand will improve in the second half of 2009 is high. Based on the data gathered by Real Estate Information Centre (REIC) it was discovered that developer sentiment rose in the second quarter to 48.1, up ... Full story

To earn sales in the wake of the global economic crunch the Thai Hotels Association (THA) hope the government would allow liquor and alcoholic beverage sales in hotels during long holidays. According to Prakit Chinamourphong, the THA president, although allowing liquor during long holidays in Thailand will not directly result in the increase of tourists the move ... Full story