Bidding For Luxury Chedi Hotel Starts

Insider Story Locations

Find our most recent stories tagged by their locations. Click here for more story locations.

Posted: 12 Jul 2010 | 2:07 pm

According to Bangkok based real estate firm VPC Thailand/PA Lynn Philips property owned by now defunct Pacific Assets PLC are for sale by bid including the luxury Chedi Hotel Chiang Mai.

The bid process is open from July 14th onward and close on the 28th; with the process being handled exclusively by the property firm.

Operated by GHM the 84 key hotel which has earned high marks for style and elegance during it's relatively short operating period.

Hotel transactions in Thailand have seen a high level of activity this year and it looks that the 3rd and 4th quarter is gearing up for more movement in the sector.

DO YOU LIKE THIS?

Insider up to the Minute

Cool Hunting - On the Web

Too cool for school Patong boutique hotel Ella
www.theellagroup.org

Burned out on TripAdvisor, check out gogobot
www.gogobot.com

Fast growing online restaurant review site
www.zomato.com

PHUKET WEATHER

The Green Report

A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:

Vietnamese Green Architect Hits Limelight

Vietnam's Vo Trong Nghia is continuing to attract worldwide attention over unique sustainable design.

They Call It Parklet

Now here is a newly coined term on the environmental horizon - Parklet.