Find our most recent stories tagged by their locations. Click here for more story locations.
Posted: 03 Aug 2009 | 1:25 pm
One of the island's newer boutique resorts the 52 key Manathai located in Surin Beach is up for sale and is close to short listing interested parties. The resort has been marketed by three international agencies targeting different sets of potential buyers; and has gathered broad interest.
While the owners have not disclosed a sales price it's believed by industry sources that the original asking price was THB 380 million; though some industry experts expect a lower trading amount due to the present economic climate. Given the trend in design hotels and prime proximity to Twin Palms, The Chedi and Amanpuri a deal here is hardly a fire sale and certainly supports there is a lack of distressed assets in the market.
Get out of the box. komune Bali surf resort
www.komuneresorts.com
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:
TV Show Features Phuket Solar Villa
A recent Channel News Asia television segment Boomtown Asia checked into the island's environmental, and sustainable tourism sectors.
Resorts Loving Evening Breeze Natural Air System
The innovative Evening Breeze environmental cooling system is gaining global attention in the resort markets and villas.
CENTEL 37.00 - 0.75 %
DTC 62.00 + 4.00 %
ERW 5.15 0.00 %
GRAND 1.53 - 0.05 %
LRH 42.00 0.00 %
MANRIN 27.25 0.00 %
MINT 27.50 + 0.50 %
ROH 24.00 0.00 %
SHANG 63.00 - 1.00 %
NEWS FLASH yooPhuket Bags Top Property Award
PHUKET PROPERTY DEPARTURE Tamsin Edenbrow Leaves Banyan Tree
Library of published hospitality, tourism and property market intelligence.
Hotel Branded Residences in Asia by C9 Hotelworks
PHUKET GAZETTE
How Same-Same Drove me InsanePROPERTY REPORT SOUTH EAST ASIA
Waiting for the Big Sleep
Bill Barnett responds:
thinks that was the original asking price, will be interesting to see what the market reacts in terms of actual offers.