A recent survey conducted jointly by the Tourism Authority of Thailand (TAT), Tourism Council of Thailand and Chulalongkorn University has showed that Thailand’s quarterly tourism confidence index in the second quarter of 2019 held steady at 100 and is expected to remain at 100 in the third quarter of this year. The survey was based on responses from over 620 tourism operators and also...
Huazhu Hotels Group , one of China’s largest Hotel Group with more than 4,000 properties is planning to make a foray into Thailand with a local Thai bank being its partner. The name of the banking group was not disclosed but they are planning to set up hotels in Chonburi, Chiangrai, Phuket and also Bangkok with 4 properties targeted for 2022. Despite the Chinese economy actually softeni...
Leading Hospitality Operator, Oakwood, a wholly owned subsidiary of Singapore-based Mapletree Investments, has signed a deal to launch the Oakwood Suites Brand for the first time in Bangkok. Oakwood Suites is one of the five brands under its Asia Pacific umbrella the other being Oakwood Apartments, Oakwood Premier, Oakwood Residences and Oakwood Studios. The Oakwood Suites Bangkok is sc...
Leading luxury condo developer, Thailand, Raimon Land (RML) will convert two development projects on Charoen Nakhon Road and Sukhumvit Soi 19 into 2 new hotels, scheduled to open in 2020 and 2022. According to its company directors, the sudden change is part of the company’s long term strategic investment plans and diversification moves.The Shaa Asoke Hotel Raimon Land ...
S Hotels & Resorts, a subsidiary of SET-listed Singha Estate Plc involved with the hospitality business, is expected to introduce an IPO on the Stock Exchange of Thailand (SET) in the fourth quarter of 2019 . It part of Singha Estate vision and goals to strengthen the hospitality and hotel division of its group.The Singha Montra Lanna-Chiang MaiS Hotels & Resorts' registered capital i...
Thailand's leading hotel and property development company, Dusit International together with Philippine’s real estate company, Torre Lorenzo Development Corporation (TLDC), unveiled and celebrated the inauguration of dusitD2 Davao hotel.The Grand Launch also had Philippine President Rodrigo Duterte presiding over the hotel’s event at the heart of Davao City's new central business...
Centara Hotels and Resorts has added three more new hotels in Phuket to its portfolio following the signing of hotel management agreements for the three new properties in Phuket’s Mai Khao Beach area owned by Maikhao Dream Company Limited. Two properties are already in operation and transferred to Centara management effective September 2019 , while the third property i...
Amoma, an online hotel reservation agency has left its clients stranded after hotels stopped honoring reservations booked via its platform due to its failure to pay its bills. It has closed all operations and has filed for bankruptcy. On 14th Of September 2019, Amoma stopped taking bookings. It posted a message on its site blaming price-comparison sites for unfair business practices, claiming...
No-commission membership-based hotel booking platform,Bidroom is launching its services within the Asia Pacific region within the next few months via an aggressive campaign of signing up Asian hotels as hotel partners that will be linked to their fast growing and multiple-award winning online travel platform.Launched in 2014 in the Netherlands, Bidroom currently offers 125,000 hotel properti...
DoubleTree brand by Hilton celebrated its 50th anniversary with the unveiling of a brand new property at Patong, Phuket. DoubleTree by Hilton Phuket Banthai Resort enjoys one of the best locations in the heart of Patong, directly opposite a white sandy beach facing the turquoise waters of the Andaman Sea. It is also close to all of Phuket's major attractions: located within close walking dis...
The new to be opened New Four Seasons Hotel Bangkok at Chao Phraya River is not only going to give its other competitors lots of stress but its also going to change the whole riverside scene due to its exquisite architecture and design along with its restaurants and rooms, along with the type of services that the Four Seasons is legendary for.With its grand opening just a five months a...
Fornova, the global provider for distribution and business intelligence solutions, has entered into the Southeast Asian market for the first time with an agreement to provide its market-leading distribution intelligence solution to every hotel operated by Thailand’s Compass Hospitality.Compass Hospitality is a young and dynamic hospitality group headquartered in Bangkok, Thailand and we...
Leading Thai hotel operator,Dusit Thani Plc is planning to reposition itself as a diversified business company with more investments in upscale residential projects in addition to hospitality services. The focus is on diversification after the closure of the Dusit Thani Bangkok hotel earlier this year to develop the site as a mixed-use project, Dusit Central Park.Ms. Suphajee Suthumpun, CEO...
Real state consultancy firm, Jones Lang LaSalle (JLL) said in a report a fortnight ago that hotel transaction volumes in the Asia-Pacific region are expected to increase by 25 to 30 per cent year-on-year to more than US$11 billion in 2019.Mike Batchelor, the consultancy’s chief executive told Thailand Hotel News in an exclusive interview “Despite a cautious ec...
Hotel businesses in Pattaya, Phuket, Chiangmai are all beginning to feel the pinch of the strong baht and also the global trade wars and the start of the global economic recession, as many are reporting extremely low occupancy rates despite the fact that government agencies are saying that tourism number are booming. No one is sure who is spreading the fake news, the hoteliers or the government ag...
.jpeg)
