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Posted: 26 Dec 2013 | 11:01 am
The island's first luxury hotel, the Royal Phuket Yacht Club on Nai Harn Beach has been sold to an overseas investor.
Opened in 1986 the property has been managed over the years by Hong Kong's Mandarin Oriental group and Starwood's Le Meridien.
With 110 rooms the hotel features some one of the island's most iconic west coast views.
Originally the Royal Phuket Yacht Club had been paired with a sister property in Koh Samui, Baan Taling Ngam which is now operated by the InterContinental Hotels group.
The transaction occurred in the private market.
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:
The media is reporting that environmental advocates are voicing concerns about a proposed coal port and power plant in nearby Krabi.
A green building showcase will be held at Homeworks Phuket from February 26th to March 27th.
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