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Search Result for “resorts”

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BUSINESS

Singha Estate keeps emphasis on hotels

Business, Kanana Katharangsiporn, Published on 07/03/2026

» SET-listed Singha Estate plans to maintain its focus on the hospitality business, investing 3-3.5 billion baht to acquire two hotels in Bangkok, the eastern provinces or southern beach destinations as the segment contributed 74% of its total revenue last year.

BUSINESS

Sugar tycoons branch into hotel investments

Business, Kanana Katharangsiporn, Published on 04/03/2026

» The second-generation owners of Rajburi Sugar Group have diversified into hotel investments, spending more than 1.5 billion baht to acquire and renovate Impiana Resort Chaweng Noi in Samui and Pullman Khon Kaen.

BUSINESS

IHG brand targeting independent hotels

Business, Kanana Katharangsiporn, Published on 02/09/2025

» International chain IHG Hotels & Resorts aims to persuade independent hotel owners to convert their properties to its new brand, Garner, with the first location in Southeast Asia and second in Asia set to open in Pattaya in November 2025.

PROPERTY

ThirdHome targets branded residences for growth in Thailand

Business, Kanana Katharangsiporn, Published on 01/07/2025

» ThirdHome, a luxury home exchange club for second-home owners, aims to persuade branded residences in Thailand to join its network amid a sluggish property market, with the goal of doubling its Thai properties to 100 by the end of 2025.

PROPERTY

Bangkok takes 6th spot in regional survey

Business, Kanana Katharangsiporn, Published on 26/03/2025

» Bangkok secured sixth place in a survey on cross-border real estate investment in Asia-Pacific, reinforcing its appeal as a key destination, according to property consultant CBRE Thailand.

PROPERTY

Thai luxury properties dominate in Asia

Kanana Katharangsiporn, Published on 11/12/2024

» Phuket and Bangkok are among the top three destinations in Asia with the highest number of branded residence units, while Thailand ranks first in terms of value, according to C9 Hotelworks, a hospitality and real estate consultancy.

PROPERTY

New Major Development tie-ups target luxury housing

Business, Kanana Katharangsiporn, Published on 27/07/2024

» SET-listed developer Major Development (MJD) will form joint ventures with two additional Japanese partners in luxury residential projects to diversify risk and expand its portfolio of sites.

BUSINESS

Banyan returns to where it all began

Business, Kanana Katharangsiporn, Published on 04/05/2024

» After expanding to 22 countries over the past 30 years, hospitality-led property developer Banyan Group has returned to Phuket, the destination where it began.

BUSINESS

Developer eyes 20% revenue growth

Business, Kanana Katharangsiporn, Published on 18/01/2024

» SET-listed Singha Estate is aiming for a 20% revenue growth from 2023, targeting 18 billion baht by the end of 2024, with the hospitality business being the key driver, fuelled by a robust global tourism sector.

PROPERTY

Sector steered by demographic trend

Kanana Katharangsiporn, Published on 23/11/2023

» The development of nursing homes has an estimated market value of up to 19.2 billion baht over the next decade, a significant sum thanks to a substantial gap between limited supply and a projection of high demand.