Best Western Condo Hotel For Rawai

Category: Real estate, Posted:04 Dec 2014 | 10:50 am

Hotel branded property investment offerings are continuing to rise up in Phuket.
The latest is in Rawai at a project named The Beachfront which will be branded as a Best Western Plus.
Featuring a beachfront location, the complex consists of 220 condominium units and ten Oceanside pool villas.
Units start at 25 square meters with a current entry pricing point around THB2.5 million.
There are freehold and leasehold options though the former is being sold at a premium.
Project completion is expected in 2016.
Both Rawai and Chalong are seeing development of new hospitality projects with the redevelopment of the former Evason into an upscale InterContinental, the massive upgrading of the former Royal Phuket Yacht Club in Nai Harn and two new Marriott branded products in Chalong.
As for real estate offerings, clearly Phuket property offerings slanted towards investment buyers are seeing a similar trend last seen in the mid-2000's,though the mantra this time out is smaller and cheaper.

Other News

C9 Hotelworks New Thailand Branded Residences Report Released

Category: Hotels|Real estate, Posted:21 Sep 2024 | 09:19 am In 2020, Aman Nai Lert Bangkok established a new standard for ultra-luxury branded residences positioning itself as the best-in-market product at the time. Today, the Porsche Design Tower Bangkok, developed in partnership with Ananda Development, has pushed those boundaries further, surpassing THB1 million (just over USD33,000) per square meter. This landmark project not only raises […]

Phuket’s Hilton Garden Inn Transacts to TriO Capital

Category: Hotels, Posted:13 Sep 2024 | 12:58 pm The 177-room Hilton Garden Inn Phuket, Bang Tao has traded to private equity group TriO Capital. Operating under a franchise agreement with Hilton, the hotel opened in late 2021 and had been owned and operated under GCP Hospitality. A strategic plan for a design and development upgrade under TriQ will kick off at the end […]

South Korea Tops Asia’s Branded Residences Pricing Premiums In C9 Hotelworks Latest Report

Category: Hotels|Real estate, Posted:11 Sep 2024 | 10:17 am South Korea’s luxury real estate market has evolved significantly, transitioning from traditional residential properties to innovative branded residences. The trend began in 2008 when The Ananti Hotel introduced a pioneering co-ownership model, targeting affluent buyers seeking luxury vacation homes and social prestige. This success spurred other domestic brands like Lotte and Hanhwa Resorts to follow […]

More Insider News