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Hong Kong's New World Strategic Chain Ambitions

Category: Hotels, Posted:13 Jul 2010 | 06:00 am

Leading Hong Kong developer New World Hotels has recently taken a number of strategic steps in order to establish itself as a leading hotel management entity.
A new corporate platform and identity has just been launched as New World Hospitality was recently unveiled. The European chain which is also controlled by the group Penta Hotels has been repositioned 'pentahotels.'
On the management side the group has been busy muscling up with two key executives from Shangri-La Symon Brilde and Marc Hedigar recruited.
A series of conversions on assets which are owned by the group and had been managed by other international operations are coming under the new umbrella on a staggered basis.
Currently hotels in Manila, Ho Chi Minh City, Shanghai and four other China properties are now under the new brand with 20 properties in the pipeline.
Here in Phuket there remains considerably industry speculation over one of the islands premium sites, the former Park Hyatt/Emerald Bay beachfront development in South Patong. New World had been a stakeholder in the property and it would make logical sense for them to move this forward in the new expansion plans. Though at present no announcement has been made, many are watching this story closely .

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The C9 Sessions – The Growth of Branded Residences in the Philippines

Category: Real estate, Posted:23 Jan 2025 | 11:33 am Branded residences and mixed-use projects are becoming a significant player in Philippines’s hospitality space. As property developers, real estate investors and property buyers are learning, this is a complex space that requires well-structured projects. Join us for a unique 90-minute learning session about all the moving parts in this rising marketplace. The session will feature […]
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Video Sessions From Thailand Tourism Forum 2025

Category: Hotels|Real estate|Tourism, Posted:22 Jan 2025 | 08:18 am In case you missed the Thailand Tourism Forum 2025 in Bangkok last week or did attend, and want to rewatch some sessions please find video links to all below. The event drew over 1,000 attendees and was the 14th year for TTF. We look forward to returning in 2026, but for now please enjoy the […]
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Gamechanger: Phuket’s 80-Meter Development Height Restriction Repealed

Category: Hotels|Real estate, Posted:31 Dec 2024 | 11:19 am One of the most significant changes to Phuket’s real estate sector this year is the repeal of the 80-meter development height limit. In a recent Government Gazette, the Thai Cabinet approved a re-zoning proposal by the Minister of Natural Resources and Environment, which now allows development in Zone 6 of Phuket to extend up to […]
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