Thai-Listed Group Developing Mega 563 Key Patong Mixed-Use Project

Category: Hotels|Real estate, Posted:12 Apr 2023 | 10:41 am

Thai-listed real estate group World Corporation has acquired a 52 rai site in Patong Phuket for a mixed-use hospitality development named The Forest by YOO.

The project will feature a hotel with 432 rooms and 131 luxury villas and is set to open by 2026.

A management deal has been inked with La Vie Hotels and Resorts as white-label operators for the YOO2 Hotel and YOO villas.

In a notice to the Thailand Stock Exchange (SET) World Corporation received approval for the land acquisition of 52 rai (8.3 hectares) for THB1.8 billion.

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