- Tue 22 May 2012 | Thai Time:
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Posted: 28 Jun 2011 | 6:00 am
With an eye to gearing up liquidity to expand, the Thai listed hospitality group Erawan are reportedly planning a structured asset disposal and development program for the next five years.
One existing property from their portfolio will be sold each year (five over 5 years), and at the same time another seven assets will be developed.
The group currently has two new ACCOR managed properties in the pipeline in Bangkok.
Analysts are viewing some of the stabilized ibis limited service hotels the group owns as likely targets for transactions given the recurring yield expectations of prospective buyers.
Starwood Capital's eco chain brand
http://www.1hotels.com
Singapore flashpacking budget sleep
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Top Manila travel and food blog
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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:
Thai based group Zinc InVision have been recognized with a Senses Wellness Award for Best Medical Wellness Resort for The Farm at San Benito in the Philippines.
WEDNESDAY Business Crisis Management Seminar
After Phuket's recent tsunami and earthquake scares, environmental organization SEEK have arranged Business Continuity Management for Crisis Situations seminar.
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 %
EARTH DAY 2010 Keep Phuket Clean Up Resumes April 22nd
UPDATE British Embassy Issues Travel Warning For All Thailand
Waldorf Astoria Debut in Asia While Hilton and Starwood Go Legal
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Samui Hotel Market Update March, 2012
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