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Source: Thailand Hotel News  Oct 09, 2019
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, ...
Source: Thailand Medical News  Sep 22, 2019
Hyatt Hotels is optimistic for 2019 and 2020 and plans more growth expansions. The Company expects to open approximately 85 hotels in the 2019 fiscal year, an increase from the prior expectation of over 80 hotels. Excellent results in the first semester 2019 have allowed the group to increase its openings. Net rooms growth was 12.6% over the same period in 2018 thanks to the addition of 22...
Source: Thailand Hotel News  Oct 15, 2019
Despite the  political and economic turmoil and hints of a looming recession, Europe remains the top choice for investors, especially those from  Asia and, to a lesser extent, the Middle East. Major Asian investors, who are gung-ho on yields and do not shy away from risk, continue to shape Europe’s hotel landscape. That ebullience does not mean that challenges are not visible for t...
Source: Thailand Hotel News  Nov 10, 2019
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 economic climate a...
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Source: Thailand Medical News  Jan 06, 2020
Source : Thailand Hotel News  Dec 18, 2019
Source: Thailand Hotel News  Dec 02, 2019
Source: Thailand Medical News  Jan 06, 2020
Thailand’ Hotel Industry is in for a tougher time in 2020 due to a variety of factors starting with the strong baht that is deterring many travellers from coming to Thailand (in this article we are not considering any fake tourism figures that is constantly being spewed by various agencies) coupled with the start of the global recession. Other contributing factors include the ongoing US-Chin...
Source : Thailand Hotel News  Dec 18, 2019
Thai owned Anantara Hotels, Resorts & Spas will make its debut in the upcoming months in Ireland with the rebranding of The Marker Hotel in Dublin, one of the Irish capital's most modern and luxurious buildings. The new addition of the property in Dublin will represent the expansion of the luxury brand’s footprint into northwest Europe for the first time and also the first urban Ana...
Source: Thailand Hotel News  Dec 02, 2019
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...
Source: Thailand Hotel News  Nov 30, 2019
Thailand based hotel-management company Unicorn Hospitality is planning a significant expansion, aiming to triple its portfolio from four to 12 hotels and resorts by early 2021. The hotel management company currently has the 89-room Silver Palm Bangkok, 48-room Zazz Urban Bangkok, the Cove Phi Phi beachfront resort and Zazz Urban Ho Chi Minh. In October 2019, it opened the 53-room Daraya Boutiqu...
Source: Thailand Hotel News  Nov 10, 2019
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 economic climate a...
 
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