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Phuket Dot Com Travel Business Sells For USD25 Million

Category: Tourism, Posted:12 Nov 2012 | 06:00 am

The Phuket Gazette has reported that island-based website HotelTravel.com has been sold for USD25 million.
In a transaction which reportedly includes USD15 million in cash and USD10 in shares.
Indian OTA (online travel agency) MakeMyTrip.com is reportedly the buyers.
This is now the second large dot com sale of a website developed locally, with the first being AsiaWebDirect (Phuket.com) to Australian OTA Wotif a few years ago.

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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

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Gamechanger: Phuket’s 80-Meter Development Height Restriction Repealed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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