Posts Tagged ‘hotel’

Rally to trim growth rate to 2%

Friday, April 30th, 2010

If the anti-government rally is prolonged, it would bring down the economic expansion rate to only two per cent, from previous projection of about 4.5 per cent, Finance Minister Korn Chatikavanij said on Friday.

The minister said the economy continued to improve in the first quarter as the gross domestic product is expected to grow by about nine per cent, from only 6 to 7 per cent forecast earlier.

Mr Korn confirmed that the continuing rally by the United front for Democracy against Dictatorship (UDD) had already affected the economic growth rate by more than 0.5 per cent.

Because of political impacts, the advance room-booking rate of hotels in Phuket now has declined to only 12 per cent.

Bangkok Post

HOTEL PIPELINE Bangkok Top’s 9,032 New Rooms

Friday, April 30th, 2010

Despite nearly 24 months of political tension in Bangkok the hotel pipeline has continued to surge ahead with 9,032 new rooms now in development. According to data issued by STR Global, for the Asia Pacific region Thailand follows only China (131,175) and India (43,448) with active projects representing an increased supply of 15,449 rooms.

Based on C9 Hotelworks market research there are currently 31 properties with 4,600 rooms under planning and development in Phuket. The nearby resort island of Koh Samui will see 6 new branded hotels with 541 keys set to open over the next 15 months.

Thailand has continued to see substantial new activity for hospitality assets as indicated by strong domestic liquidity, dynamic performance of SET (Stock Exchange of Thailand) listed property firms and high net worth individuals becoming increasingly interested in diversifying into the sector.

While there look to be signs of hotel oversupply and continued trading volatility in many of the country’s major tourism destinations; to date this has not severely dampened development.

Viewing STR’s Asia Pacific report showing a pipeline of 976 hotels with 249,156 rooms the biggest chain scale segment activity is within luxury and upscale while the economy segment is seeing the smallest growth.

The Phuket Insider April 26, 2010

Bangkok Airways Grows Samui Into Second Hub

Friday, April 30th, 2010

Looking to increase overseas airlift into the resort island of Koh Samui, Bangkok Airways has announced plans to use the privately operated airport into its second international hub. While reportedly targeting mid range locations, no firm routes have been finalized.

While a new half a billion baht upgraded terminal was brought into service last year, restrictions on limited daily flights to 36 per day have restrained tourism growth. Linking this are environmental controls and a limit on hours in which flight landings and take offs are allowed.

Bangkok Airways who have a controlling stake in the airport continue to dominate the traffic into the island, though Thai Airways does have limited domestic services. The airlines international routes to the island is limited, highlighted by Hong Kong and Singapore service; while Malaysia’s Firefly and Berjaya Air both fly from Thailand’s southern neighbor.

Asean Launches New Tourism Campaign

Monday, March 22nd, 2010

The ten ASEAN countries today launched a new tourism campaign built around the slogan, Southeast Asia: feel the warmth.

A dynamic, new, interactive website, SoutheastAsia.org is being created as the primary marketing tool. The new campaign, officially supported by the 10 Asean tourism
ministers at the Asean Tourism Forum in Brunei today, will immediately target tourists in medium and long haul markets such as the UK, Australia, India, North America and Hong Kong. Southeast Asia: feel the warmth and SoutheastAsia.org will emphasize the warmth of
Southeast Asia’s hospitality and climate and the diversity of the region’s cultural attractions and tourism activities. The ten participating countries are Brunei, Cambodia, Indonesia, Laos,
Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.

Announcing the campaign today, His Excellency Pehin Dato Yahya, Brunei’s Minister of Industry and Primary Resources, told ASEAN Tourism Forum delegates and media that the new campaign had been built on four principles: “First, the fact that ‘Southeast Asia’ has greater recognition in international source markets than ‘ASEAN’. Second, the trust that online consumers now put in meta-search tools and user-generated content. Third, the importance of authenticity and ‘warmth’ in travelers’ decision making processes. And fourth, the tremendous opportunities that Southeast Asia offers to visitors who are interested in exploring niche themes such as culture, adventure, shopping, ecotourism, island holidays, train travel, spa, culinary experiences, river and sea cruises, and much more.”

Southeast Asia: feel the warmth was jointly created by ASEANTA and the ASEAN Competitiveness Enhancement (ACE) office in collaboration with the ten Asean member countries of Southeast Asia. The region’s national tourism organizations played a key role at each stage of the brand and campaign development.

In January 2009, ACE and ASEANTA signed an agreement to work together on a new branding and marketing campaign that would encourage travelers to visit multiple Southeast Asian destinations, stay longer, and spend more money in the region. Since then, ACE has created alliances and agreements across the public and private sectors to build the campaign. For example, for SoutheastAsia.org, Lonely Planet is supplying insights and practical
information on more than 8,000 travel attractions and things to do in Southeast Asia.

The Nation, 25-01-2010

Stimulus measures extended

Monday, March 15th, 2010

A Thai Cabinet resolution, yesterday, approved the extension of most of the tourism stimulus measures that were introduced last year.

The special measures extended until 31 March 2011 include: Visa fee waiver for foreigners from all nationalities; reduction of landing and parking fees; Budgets for government units to hold seminars and meetings up-country; reduction of utility fees for hotels; 200% tax refund for expenses on accommodation and meals linked to company meetings and training sessions in the country; and the US$1 per head tourist insurance scheme will continue cover disruption of travel due to political disturbances until 31 March 2011.

The special measures were first introduced after Bangkok’s airport closure in late November 2008.

Raimond Land
March 2010

Tourism stimulus measures extended

Wednesday, March 3rd, 2010

* Published: 2/03/2010 at 04:07 PM
* Online news: Breakingnews

The cabinet has agreed to continue measures to stimulate the tourism sector for another year, as proposed by the Ministry of Tourism and Sports, deputy government spokesman Watchara Kannika said on Tuesday afternoon.

The assistance was due to terminate at the end of next month.

The measures are;

1) Visa fee exemption for foreign tourists
2) Helping state agencies hold seminars and field trips in the country to boost domestic spending
3) Cutting the electricity consumption guarantee fund for hotel operators
4) Reduced aircraft landing and parking fees
5) Providing free-of-charge riot protection insurance worth US$10,000 for each foreign tourist, and
6) Allowing business operators who organise domestic seminars, training courses and tourist destination trips for employees to deduct the cost for tax purposes.

The cabinet acknowledged the Tourism and Sports Ministry’s expectation that 15.3 to 15.5 million foreign tourists will visit Thailand in 2010.

The ministry also reported that the number of foreign tourists last year was 14.09 million, down 3 per cent on 2008, with a total income of 527 billion baht, down 8 per cent from the previous year.

Best Western opens its fourth hotel on the island of Phuket

Monday, March 1st, 2010

Best Western International has announced the opening of its fourth hotel in the Thai island of Phuket. The 129-room Best Western Allamanda Laguna Phuket is situated on Phuket’s Bang Tao Beach within the stunning environment of the Laguna Phuket integrated resort.

“We are proud to open this fine Best Western property as part of Laguna Phuket, Asia’s finest destination resort complex, renowned for its outstanding facilities and services in a serene setting. With its own distinctive character, this hotel perfectly meets the variety of travelers’ needs whether families or FITs, or for weddings and corporate events”, said Best Western Vice President for International Operations Asia, Glenn de Souza.

The hotel boasts 129 guest rooms and suites, with scenic golf course and/or swimming pool views. The tastefully appointed rooms and suites are perfect for families, couples or golfing getaways. The suites feature a kitchenette area separate from the living and dining areas. All-day dining is available at the Courtyard Café.

Allamanda Beach Club and Marine Center offers a wide selection of activities, such as sailing, canoeing, kayaking and paddle boating, all enjoyed within the ambiance of a perfect, tropical island holiday. As for a place to meet with friends or unwind and reflect on the day’s activities, the Lobby bar provides a great, laid-back setting with genuinely warm Thai hospitality.

Best Western is the world’s largest hotel chain with more than 4,000 hotels in 80 countries and over 150 hotels in Asia including 14 properties in Thailand in the major tourist destinations of Bangkok, Krabi, Samui, Pattaya and Phuket

LEHMANS THAILAND LEGACY Baan Taling Ngam Samui Sale

Wednesday, February 3rd, 2010

One of Koh Samui’s most famous luxury resorts Baan Taling Ngam has reportedly been put up for sale by tender through Singapore hospitality brokerage Jones Lang LaSalle Hotels (JLL). With 70 keys the beachfront resort is located on the islands West Coast with accommodation ranging from rooms, suites up to villas. In the past leading hotel brands Mandarin Oriental and then Le Meridien had operated the property.

Lehman Brothers (Thailand) had acquired the hotel in 2005 from Natural Park Plc subsidiary Pacific Assets Plc. There has been much speculation on the disposal of defunct Lehman’s hotel assets by court ordered liquidator KPMG over the past two years. Expectations are high that the property remains an attractive asset in view of the current status of vacant possession with no international hotel chain.

The Phuket insider, 3 Feb, 2010