Condo Hotels Trending In Bangkok’s Property Market
Bangkok’s hotel branded real estate has traditionally been focused on luxury offerings with brands such as St. Regis, Four Seasons, Ritz-Carlton, and more.
While Thailand’s resort markets have and are seeing the most traction as the mid and upper-midscale branded residences, that trend is now going urban.
In Bangkok Siamese Assets and Kew Green have already rolled out properties under Wyndham, have now signed deals with IHG for a Crown Plaza and Cassia by Banyan Tree as mixed-use developments.
Interestingly Banyan Tree is rapidly expanding their real estate-focused Cassia brand in other locations across Thailand and Asia. They reportedly will roll out the Skypark brand which originated in Phuket in other locations under licensing deals.