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	<title>Andaman Times &#187; Hotels</title>
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	<link>http://www.andamantimes.com</link>
	<description>- the Community Newspaper to the Andaman Coast of Thailand</description>
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		<title>New losses for Banyan Tree</title>
		<link>http://www.andamantimes.com/business/new-losses-for-banyan-tree/</link>
		<comments>http://www.andamantimes.com/business/new-losses-for-banyan-tree/#comments</comments>
		<pubDate>Sat, 14 Aug 2010 08:20:06 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Bang Tao - Laguna]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Hotels]]></category>

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		<description><![CDATA[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&#160; revenues up. China is the next growth market for the resorts operator where it hopes to tap into the potential of the Chinese upper middle income group. There has been strong response to the Banyan Tree China Hospitality Fund, valued at US$150 million. The company anticipates a first close of the fund in September, and possibly a second China fund. “We have more than 60 per cent of our total assets in Thailand, and in the past, we thought that we would not actively divest; (so) we would just reduce that mix by growing elsewhere. We would hope to get it to be below 50 per cent for sure over the next few years,&#34; Banyan Tree Holdings executive chairman Ho Kwon Ping said. “As a result of what has been happening, we decided to accelerate this whole process, not just by growing elsewhere, but also by actively reducing that concentration in Thailand.&#160; Under the terms and agreement for China funds, [...]]]></description>
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		<title>Dusit Laguna Phuket sold</title>
		<link>http://www.andamantimes.com/business/dusit-laguna-phuket-sold/</link>
		<comments>http://www.andamantimes.com/business/dusit-laguna-phuket-sold/#comments</comments>
		<pubDate>Wed, 11 Aug 2010 06:21:07 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Bang Tao - Laguna]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Hotels]]></category>
		<category><![CDATA[Banyan Tree]]></category>
		<category><![CDATA[Dusit]]></category>

		<guid isPermaLink="false">http://www.andamantimes.com/business/dusit-laguna-phuket-sold/</guid>
		<description><![CDATA[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 in Thailand for some 81 million USD. The subsidiary, Laguna Resorts &#38; Hotels, is selling the “Dusit Thani Laguna Phuket” in Phuket to Dusit Thani Public Company. The sale proceeds amount to about 2.7 times the book value of the hotel being sold. The buyer is Dusit Thani Public Company Limited. In its “Information Memorandum”, the company says, is in line with its strategy of diversifying its assets away from Thailand, given the increased political risk that Thailand presents. The firm has a heavy representation of Thai hotel properties amongst its assets. Proceeds from the sale may be used for overseas investments, repayment of bank loans, and/or payment of dividends to shareholders. Laguna Resort and Hotels PCL announced it is to divest its Dusit Thani Laguna Phuket hotel, consisting of land, buildings, plant and machinery for THB 2,620,000,000. The Company stated it needs the funds for [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<item>
		<title>Hotel Rate Debate Raises Awkward Issues</title>
		<link>http://www.andamantimes.com/travel/hotel-rate-debate-raises-awkward-issues/</link>
		<comments>http://www.andamantimes.com/travel/hotel-rate-debate-raises-awkward-issues/#comments</comments>
		<pubDate>Thu, 05 Aug 2010 20:26:48 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Hotels]]></category>
		<category><![CDATA[Travel]]></category>

		<guid isPermaLink="false">http://www.andamantimes.com/travel/hotel-rate-debate-raises-awkward-issues/</guid>
		<description><![CDATA[Dropping rates to fight Bangkok&#8217;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&#8217;s travel industry price wars. They were addressing a debate entitled, &#34;Rates Versus Value: Are We Going Off the Deep End?&#34; organized by the PATA Thailand Chapter, 28 July in Bangkok. Luzi Matzig, Group CEO of Bangkok-based Asian Trails, told the debate audience of 70 travel industry professionals gathered in a special meeting zone of Siam Ocean World: &#34;As soon as crisis hits, some overseas tour operators behave like vultures trying to make money out of it.&#34; Matzig said it was common practice for some overseas operators to use strong arm tactics to negotiate a 50% decrease in rates. They then pocket 20% and only pass on a 30% reduction to the paying customer. Jim Reed, CEO of Destination Asia told the audience such operators did not deserve the name of so-called &#34;friends of Thailand&#34;. Chanin Donavanik, CEO of Dusit International, complained that too many business families in Thailand see [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Marriott offers added miles and savings</title>
		<link>http://www.andamantimes.com/phuket/thailand-travelers-can-enjoy-extra-savings-bonus-miles-and-exquisite-resort-accommodations-when-booking-their-stay-at-the-renaissance-phuket-resort-spa-a-standout-among-beach-resorts-in-phuket/</link>
		<comments>http://www.andamantimes.com/phuket/thailand-travelers-can-enjoy-extra-savings-bonus-miles-and-exquisite-resort-accommodations-when-booking-their-stay-at-the-renaissance-phuket-resort-spa-a-standout-among-beach-resorts-in-phuket/#comments</comments>
		<pubDate>Wed, 04 Aug 2010 07:01:14 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Hotels]]></category>
		<category><![CDATA[Mai Khao]]></category>
		<category><![CDATA[Phuket]]></category>
		<category><![CDATA[Promotions]]></category>

		<guid isPermaLink="false">http://www.andamantimes.com/phuket/thailand-travelers-can-enjoy-extra-savings-bonus-miles-and-exquisite-resort-accommodations-when-booking-their-stay-at-the-renaissance-phuket-resort-spa-a-standout-among-beach-resorts-in-phuket/</guid>
		<description><![CDATA[Great beachfront accommodations and legendary Thai hospitality make the Renaissance Phuket Resort &#38; 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 atmosphere, this Renaissance property is one of the most distinctive among boutique Phuket resorts, offering oversized guest rooms with stunning landscape views, individual climate controls, plush bedding ensembles, high-speed Internet access, flat-screen televisions with DVD players and cable TV. Guests are also provided with cozy robes and slippers for a home-like atmosphere; and complimentary coffee and tea service is provided. Although just 10 miles from Phuket International Airport, this resort is secluded within itself and adorned by glimmering white sand beaches that give it the atmosphere of being miles away. The resort offers a variety of Phuket fine dining options and is home to five upscale restaurants with menus that include a variety of local specialties along with international cuisine. Loca Vore is a featured restaurant that provides guests the opportunity to choose their menus selections from the fresh harvest of local ingredients and the chef [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Gold award for Outrigger</title>
		<link>http://www.andamantimes.com/travel/less-than-a-year-since-its-soft-opening-the-outrigger-laguna-phuket-resort-and-villas-has-won-a-prestigious-pata-gold-award-in-the-marketing-campaign-hospitality-category-the-occupancy-level-has-sta/</link>
		<comments>http://www.andamantimes.com/travel/less-than-a-year-since-its-soft-opening-the-outrigger-laguna-phuket-resort-and-villas-has-won-a-prestigious-pata-gold-award-in-the-marketing-campaign-hospitality-category-the-occupancy-level-has-sta/#comments</comments>
		<pubDate>Sat, 31 Jul 2010 06:39:05 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Bang Tao - Laguna]]></category>
		<category><![CDATA[Hotels]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Tourism]]></category>
		<category><![CDATA[Travel]]></category>

		<guid isPermaLink="false">http://www.andamantimes.com/travel/less-than-a-year-since-its-soft-opening-the-outrigger-laguna-phuket-resort-and-villas-has-won-a-prestigious-pata-gold-award-in-the-marketing-campaign-hospitality-category-the-occupancy-level-has-sta/</guid>
		<description><![CDATA[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 campaign for the resort. “Outrigger Laguna Phuket is proud to have its opening campaign recognized for excellence by such a respected travel institution as PATA,” said Outrigger&#8217;s Phuket-based Senior Vice President for Asia, Mr Darren Edmonstone in a comment. The demand created by Outrigger&#8217;s award winning opening campaign is still being felt. Outrigger Laguna Phuket Resort and Villas is currently experiencing occupancy of over 90% for July and August only eight months after opening. “In the opening campaign we worked hard to really understand the various segments of our markets and their needs,” said Pieter van der Hoeven, Outrigger&#8217;s Director of Sales and Marketing for Asia. &#34;Our messaging used the latest digital distribution channels to reach key segments such as winter sun seekers from Europe, short-stay Asians, and the Thai domestic market.&#34; Van der Hoeven said the campaign was not shy about promoting spacious villa accommodation [...]]]></description>
		<wfw:commentRss>http://www.andamantimes.com/travel/less-than-a-year-since-its-soft-opening-the-outrigger-laguna-phuket-resort-and-villas-has-won-a-prestigious-pata-gold-award-in-the-marketing-campaign-hospitality-category-the-occupancy-level-has-sta/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>In the news</title>
		<link>http://www.andamantimes.com/phuket/in-the-news/</link>
		<comments>http://www.andamantimes.com/phuket/in-the-news/#comments</comments>
		<pubDate>Mon, 31 May 2010 12:54:24 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Hotels]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Phuket]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Tourism]]></category>

		<guid isPermaLink="false">http://www.andamantimes.com/phuket/in-the-news/</guid>
		<description><![CDATA[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.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hotels with new promotions</title>
		<link>http://www.andamantimes.com/travel/hotels-with-new-promotions/</link>
		<comments>http://www.andamantimes.com/travel/hotels-with-new-promotions/#comments</comments>
		<pubDate>Wed, 26 May 2010 14:32:26 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Hotels]]></category>
		<category><![CDATA[Phuket]]></category>
		<category><![CDATA[Promotions]]></category>
		<category><![CDATA[Travel]]></category>

		<guid isPermaLink="false">http://www.andamantimes.com/travel/hotels-with-new-promotions/</guid>
		<description><![CDATA[Hotel and resorts in the Andaman region of Thailand are launching promotions and deep price cuts to attract guests to their properties this summer.]]></description>
		<wfw:commentRss>http://www.andamantimes.com/travel/hotels-with-new-promotions/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Discounts cost Phuket 10 billion baht</title>
		<link>http://www.andamantimes.com/phuket/discounts-cost-phuket-10-billion-baht/</link>
		<comments>http://www.andamantimes.com/phuket/discounts-cost-phuket-10-billion-baht/#comments</comments>
		<pubDate>Tue, 26 Jan 2010 16:13:32 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Hotels]]></category>
		<category><![CDATA[Phuket]]></category>
		<category><![CDATA[Tourism]]></category>

		<guid isPermaLink="false">http://www.andamantimes.com/uncategorized/discounts-cost-phuket-10-billion-baht/</guid>
		<description><![CDATA[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.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Outrigger Laguna ready to open</title>
		<link>http://www.andamantimes.com/business/realestate/outrigger-laguna-ready-to-open/</link>
		<comments>http://www.andamantimes.com/business/realestate/outrigger-laguna-ready-to-open/#comments</comments>
		<pubDate>Sat, 03 Oct 2009 19:20:34 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Bang Tao - Laguna]]></category>
		<category><![CDATA[Events]]></category>
		<category><![CDATA[Hotels]]></category>
		<category><![CDATA[Promotions]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[outrigger]]></category>

		<guid isPermaLink="false">http://www.andamantimes.com/business/realestate/outrigger-laguna-ready-to-open/</guid>
		<description><![CDATA[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.]]></description>
		<wfw:commentRss>http://www.andamantimes.com/business/realestate/outrigger-laguna-ready-to-open/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Nearly half of hotel projects delayed</title>
		<link>http://www.andamantimes.com/phuket/nearly-half-of-hotel-projects-delayed/</link>
		<comments>http://www.andamantimes.com/phuket/nearly-half-of-hotel-projects-delayed/#comments</comments>
		<pubDate>Wed, 05 Aug 2009 20:12:47 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Hotels]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Phuket]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[real estate]]></category>

		<guid isPermaLink="false">http://www.andamantimes.com/phuket/nearly-half-of-hotel-projects-delayed/</guid>
		<description><![CDATA[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.]]></description>
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