Thailand's Anantara Vacation Club (AVC) has named Martin Tolan as the new Chief Operaing Officer.
Tolan moves into the role from the Senior Vice President of Sales and Marketing position.
Prior to joining Anantara he spent fifteen years with Starwood's Vacation Ownership organization in the Americas.
In the aftermath of the Global Financial Crisis recovery in the US, the hotel branded residence sector is pushing up a notch.
Two recent projects of note are the Ritz-Carlton Residences Waikiki Beach and The Residences Mandarin Oriental Atlanta.
Million dollar pricing points are featured.
While Asia has seen a considerable build-up of hotel named flocking to upscale property over the past seven to eight years, get ready to see the west tag along in the jet-stream.
Thai-list real estate firm Nusasiri are developing a large condominium project in Layan Phuket near to the Nikki Beach Club.
The project is named Nusa Raya as has been reported previously on this website.
It's understood that investment buyers will be tapped back of a hotel management scheme.
In a related event the group has made public plans to purchase 200 condominium units in Bangkok at the State Tower.
These units are classed as non-performing assets and they will be upgraded and resold on the secondary market.
New Phuket Condo Resource
The crew at LivePhuket have launched an impressive new condominium real estate resource FazWaz.com
Over 40 developments with more than 2500 units are on display with extensive market data.
Be it consumers, agents and developers FazWaz.com looks to have a wide reaching appeal.
Phuket's condominium market has remained a strong performer amidst broader market challenges and it's interesting to see the depth of the offering in one site.
To check out the site <link>http://www.fazwaz.com*Click</link>
Thailand's most respected property event of the year is rolling out it tenth award season.
The awards Thailand Property Awards 2015 ceremony will take place September 16th at the Plaza Athenee Bangkok.
For the Phuket category the following two are available for developers to join
Best Villa Development (Phuket)
The development must have been completed and ready for occupancy after January 2015 or have a completion date before December 2017. Phases of multiphase development are eligible for entry. Must have a show unit. Must be located in Phuket Province.
Best Condo Development (Phuket)
Open to condominiums and apartments. The development must have been completed and ready for occupancy after January 2015 or have a completion date before December 2017. Must have a show unit. Must be located in Phuket Province.
There are also a series of national awards for design, retail and development categories which may be entered as well by local properties.
For award nominations <link>http://www.asiapropertyawards.com/thailandpropertyawards/*CLICK</link>
One of Phuket's growing number of international school's will see a new campus opened this coming August.
HeadStart will debut their new complex located between Kathu and Phuket City in time for the new school year.
The educational facility is affiliated to the Cambridge International School.
International school programs are increasingly attracting a mix of Thai's and also overseas families who relocate to the island given its quality institutions.
In preparation for this year's AOCAP event in Singapore C9 Hotelworks undertook a research project updating the trends in the timeshare sector in the region.
The results were surprising given the substantial prolonged uplift in the Asian real estate sector, that vacation ownership still remains undervalued as a consumer asset class.
Despite having the strong advantages in many case of brand affiliation, attractive pricing points and a lifestyle offering, the product has yet to penetrate the broad market.
Has the sector fallen into the trap of simply adapting a western model for eastern consumers?
Why are there less than half a million vacation ownership members in Southeast Asia?
To read the full report Vacation Ownership Market Update Southeast Asia by C9 Hotelworks
<link>https://c9hotelworks.com/downloads/status-of-vacation-ownership-market-southeast-asia.pdf*CLICK</link>
Oceanfront real estate remains high on the list of real estate buyers objects of desire.
A new beachfront development, The Residences at MontAzure in Kamala has the island property trade buzzing.
Well-known architect Martin Palleros who is the designer of the successful Twinpalms Surin offering is leading the creative process.
With 73 upscale condominium units, priced from THB8 to 90 million, expectations are high for the project to hit the ground running.
For developers and travelers the Preferred Hotels and Resorts group has rolled out a non-traditional accommodation model.
Preferred Residences is aimed at villas, condos and bungalows and already has built up an initial inventory of properties
The move is a popular one, recently hotel site Booking.Com launched the Villas.Com offering.
Expect more mainstream interest by OTA's and the distribution sector into this emerging accommodation niche.
