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CORRECTION Gurich Samui Not Being Managed By Compass Hospitality

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Posted: 21 Jul 2011 | 9:27 am

Following up a recent story we filed on Compass Hospitality taking over management of the Ex-Langham Place in Lamai, we have clarified the services of Compass are restricted only to providing online reservations.

This is an interim situation until a final operator appointment is made.

We understand from the owners that a new international management company will be appointed in September who are North American based.

The branding looks to be a well known chain who will certainly enhance the island's critical mass on global hotels.

Hopefully the status at the property is now clear and understandable.

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THAI HOTEL SHARE PRICES
Name Current Change

CENTEL 12.00 + 0.20 %

DTC 34.00 - 0.50 %

ERW 2.58 0.00 %

GRAND 1.25 + 0.06 %

LRH 40.00 + 0.50 %

MANRIN 12.30 - 0.10 %

MINT 12.90 + 0.30 %

ROH 21.00 - 1.00 %

SHANG 31.50 + 1.00 %

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