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	<title>Andaman Times &#187; Bang Tao &#8211; Laguna</title>
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	<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>

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		<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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		<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>

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		<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>
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		<title>4,600 competed at Phuket Marathon</title>
		<link>http://www.andamantimes.com/phuket/4600-competed-at-phuket-marathon/</link>
		<comments>http://www.andamantimes.com/phuket/4600-competed-at-phuket-marathon/#comments</comments>
		<pubDate>Sun, 13 Jun 2010 21:04:19 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Bang Tao - Laguna]]></category>
		<category><![CDATA[Phuket]]></category>
		<category><![CDATA[Sports]]></category>

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		<description><![CDATA[For the first time ever, all top five marathoners competing in the Laguna Phuket International Marathon on Sunday finished in under three hours. Four of the top five came from Thailand.]]></description>
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		<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>

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		<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>
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		<slash:comments>0</slash:comments>
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		<title>Outrigger expands in Phuket</title>
		<link>http://www.andamantimes.com/business/realestate/outrigger-expands-in-phuket/</link>
		<comments>http://www.andamantimes.com/business/realestate/outrigger-expands-in-phuket/#comments</comments>
		<pubDate>Fri, 05 Jun 2009 06:44:57 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Bang Tao - Laguna]]></category>
		<category><![CDATA[Hotels]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[hotel]]></category>
		<category><![CDATA[outrigger]]></category>

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		<description><![CDATA[Outrigger has signed its third management contract in Phuket - this time at Laguna Resorts. The American company continues its expansion in South East Asia despite the financial crisis.]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Huge interest in Phuket marathon</title>
		<link>http://www.andamantimes.com/travel/events/huge-interest-in-phuket-marathon/</link>
		<comments>http://www.andamantimes.com/travel/events/huge-interest-in-phuket-marathon/#comments</comments>
		<pubDate>Wed, 20 May 2009 20:53:35 +0000</pubDate>
		<dc:creator>editor</dc:creator>
				<category><![CDATA[Bang Tao - Laguna]]></category>
		<category><![CDATA[Events]]></category>
		<category><![CDATA[Sports]]></category>

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		<description><![CDATA[The Laguna Phuket International Marathon will create a boost for the local travel industry in June. Around 4500 participants are expected to take part.]]></description>
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