Phuket Report Shows 48 Percent f All Hotel Projects Delayed
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- Phuket Report Shows 48 Percent f All Hotel Projects Delayed
- LaTour Signature Group and IndoChine Group Launch Hospitality …
- Phuket Report Shows 48% of all Hotel Projects Delayed
- Banyan Tree moves into Vietnam.
- Phuket as Paradise: How Real is Today’s Dream?
- 48% of all Phuket hotel projects delayed: report
Phuket Report Shows 48 Percent f All Hotel Projects Delayed
Bernama
The Phuket Hotel Market Update mid-year report by the hospitality consulting firm C9 Hotelworks showed that the slowdown in hotel construction sites has however not dented developers’ enthusiasm for entering the accommodation market on the island. C9’s managing director Bill Barnett said that despite the delays new developments continued to enter the stream with 38 properties offering 6231 rooms at various stages of advancement in the construction cycle. “Non-traditional products such as hotel managed villas and condos now represent 34 percent of the upcoming inventory” he added. Currently there are nearly 40000 rooms in the country’s top tourist destination ranging from guest houses up through to branded hotels. Approximately 10000 of these or 25 percent of total supply is international star rated.
LaTour Signature Group and IndoChine Group Launch Hospitality …
PR Newswire (press release)
Realizing the potential of this market and other areas around the globe LaTour Signature Group a joint-venture enterprise with ResortCom Elite that provides management services to small luxury fractional ownership properties and IndoChine Group an international lifestyle brand have teamed up to create the LaTour IndoChine Hotel Group. The newly formed hotel management company is also announcing its first project the IndoChine Resort and Villas in Phuket Thailand. Based in Singapore the LaTour IndoChine Hotel Group will provide comprehensive specialized services to developers entering the realm of boutique hotels and six-star hotels as well as whole and fractional ownership villas. The group plans to expand further into Asia in addition to the Middle East New Zealand and Australia. “By combining the strengths of the LaTour Signature Group and the IndoChine Group we are able to further assist developers and manage properties with global influence” said Tom LaTour founder of LaTour Signature Group. “For example the IndoChine Resort and Villas represent an ideal opportunity to create a premier hybrid luxury resort for the region and Middle East overall.
Phuket Report Shows 48% of all Hotel Projects Delayed
nline-Magazin Business Traveler.eu
deliveringcommunications. C9’s Managing Director Bill Barnett said despite the delays new developments continue to enter the stream with 38 properties offering 6231 rooms at various stages of advancement in the construction cycle.
Banyan Tree moves into Vietnam.
4Hoteliers
We are confident it has the potential to flourish as an international luxury-tourist destination. This first foray into the Indochina region is a significant milestone for Banyan Tree and we are delighted to share this momentous occasion with our valuable partners in the Fund who have helped to make Laguna Hue a reality” said Banyan Tree’s Executive Chairman Ho KwonPing. Banyan Tree has already developed Asia’s first and largest integrated resort in Laguna Phuket Thailand spanning six hotels a golf course and residential developments. In July this year the Group secured a contract to manage a 1300-key development under its sister brand Angsana Hotels and Resorts. Located in Kunming Angsana Fu Xian Lake is expected to open in 2010. ver the next few quarters the Group will be pushing ahead with its expansion plans with resort and hotel openings expected in Hangzhou China; Bali Indonesia; Ras Al Khaimah UAE and Acapulco Mexico. ~ Important Notice ~Articles appearing here contain copyright material.
Related from Zjhcfw: Banyan Tree Hangzhou To pen In China’s First Wetlands Reserve
Phuket as Paradise: How Real is Today’s Dream?
Phuketwan
how much property ownership is involved?Photo by phuketwan. The most beautiful areas of the island are just remote enough to discourage development by large hotel chains – at least for the present. n these beaches the only man-made structures are thatched-roof straw huts. These straw ”bungalows” rent for $2 a day. They are clean and equipped with veranda double bed shower toilet and plenty of room for two. Electricity is provided by a generator that is turned on at sunset and off at 11 pm.
48% of all Phuket hotel projects delayed: report
The Nation
C9 managing director Bill Barnett said despite the delays new developments continued to enter the stream with 38 properties offering 6231 rooms at various stages of advancement in the construction cycle. "Non-traditional product such as hotel-managed villas and condos now represent 34 per cent of the upcoming inventory" Barnett said. 4 per cent produced an average room rate of US$141 (Bt4800).
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