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IT'S OVER Thailand Elite Card Closing Down

Category: Tourism, Posted:02 May 2011 | 06:00 am

The beleaguered Elite Card or more correctly Thailand Privilege Card Co., will be wrapped up due to financial insolvency according to a government release.
Things still appear to be sticky with an existing international membership of 2,565 and 85 employees.
It's been quoted in the local press that a budget of THB2.5 billion has been set aside by the government to settle with existing customers and close out expenses.
What's left for many is the painful memory of a high profile initiative by former Prime Minister Thaksin Shinawatra which went awry.

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C9 Session Today On Phuket’s Wellness Sector for Hotels, Tourism and Real estate

Category: , Posted:27 Nov 2024 | 07:30 am There is still time to register for today’s C9 Session (Wednesday 27th November 2027, which will be held at the Amora Phuket Resort Bangtao. How is Longevity and a health-focused lifestyle changing the face of the wellness industry? Join us for a unique 90-minute learning session featuring experts from international medical wellness, tourism, resort and real […]
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New Onyx and Equatorial JV Hotel for Kata Phuket

Category: Hotels|Real estate|Tourism, Posted:19 Nov 2024 | 09:27 am A new 180-room branded property, the EQ Phuket has been announced for Kata Beach. The property, which is located next to Club Med, was developed by a joint venture between Thailand’s Onyx Hospitality and Malaysia’s Equatorial Group. Investment into the project is THB2.5 billion (approximately USD72 million). Equatorial Group, a legacy Asian hotel group, has […]
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Newly Released C9 Hotelworks On Niseko Tourism and Property Market Highlights Growth

Category: Hotels|Real estate|Tourism, Posted:15 Nov 2024 | 09:40 am Niskeo developers shifting to luxury land plots and custom homes as development costs rise is highlighted in the new C9 Hotelworks report –Niseko Tourism and Property Market Review 2024. Another key trend is that resort-grade developments’ market value reached USD2.3 billion in 2024, up 6% after a seven percent rise in 2023. Development projects across […]
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