Luxury resorts operator Banyan Tree has sunk deeper in the red for the second quarter, more than doubling its losses on-year to 9.2 million Singapore dollars (214 million baht). The Phuket property, which was sold this week, helped keep the revenues up. China is the next growth market for the resorts operator where it...
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One of the first five star hotels built in Phuket in the mid 1980s has been sold. Dusit Thani Laguna Phuket, one of the anchor hotels in the Laguna complex, has been sold for 2.62 billion baht today. Luxury resorts operator Banyan Tree Holdings says one of its subsidiaries is selling a hotel asset...
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Dropping rates to fight Bangkok’s low hotel occupancies and airline load factors is a failed strategy. But Thailand seems doomed to repeat its history of pricing mistakes due to a myriad of issues. These were some of the insights revealed by travel industry leaders with long and bitter experience in Thailand’s travel industry price...
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Great beachfront accommodations and legendary Thai hospitality make the Renaissance Phuket Resort & Spa an oasis for comfort and relaxation and now home to the Quan Spa, a getaway in itself with a complete offering of spa services, including massages, facial treatments, body scrubs, manicures and more. Featuring unique architectural design and a contemporary...
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Each year, the Pacific Asia Travel Association (PATA) recognizes travel industry leaders who have contributed to the development and promotion of travel and tourism across the Asia Pacific region. Outrigger Laguna Phuket Resort and Villas has won a prestigious PATA Gold Award in the Marketing Campaign-Hospitality category for its highly successful, fully integrated opening...
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Terrorism policy to be revamped: - Thailand is no longer the same in the perspective of international reinsurers, says CEO of ThaiRe; No more smiles: - Parts of Bangkok looked more like the next Afghanistan, according to Financial Times. Investors will return.; More Bangkok money pouring into local resorts in Phuket.
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Hotel and resorts in the Andaman region of Thailand are launching promotions and deep price cuts to attract guests to their properties this summer.
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Discounting from the hotels in Phuket in 2009 cost the industry around 300 million USD (ten billion baht), according th C9 Hotelworks in Phuket. - Virtually every chain scale tier was affected with the exception of the budget and economy segment,” said Bill Barnett.
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The countdown has started for the official opening of Outrigger Laguna Phuket Resort and Villas. In 60 short days the project at Bang Tao in Phuket will be ready for guests - with some unbeatable rates until 1st of April 2010.
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Nearly half of all new hotel developments projects in Phuket are experiencing major delays. More than 4600 new rooms are expected to be added to Phuket in the next two years, according to Bill Barnett of C9 Hotelworks.
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