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Posted: 02 Nov 2010 | 6:00 am
Recently launched Asian hospitality investment firm Red Planet hotels is using its platform in Bangkok to develop budget hotels in five Asian countries.
From its master franchise branding alliance with Tune hotels lead by leading low cost airline CEO Tony Fernandez of AirAsia, the company currently has 6 hotels with 1,023 rooms under development.
The Red Planet investment universe is focused on Thailand, China, Indonesia, Philippines and Bangladesh. Leadership is back of ex-Kingdom Hotel executives Tim Hansing and Ken Kerr.
Tune is focused on the limited service sector with a pay for services model similar to low cost airlines. It fits one step below the budget tier of ibis and Holiday Inn Express.
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:
While we hope for the best that Phuket's new airport expansion will have some green focus, it's encouraging to view Singapore's Changi as setting a global standard.
Flying always gives me a chance to look outside the box and today a news article in SikAir's in-flight magazine caught my imagination.
CENTEL 35.00 - 1.00 %
DTC 57.00 - 2.25 %
ERW 4.02 - 0.14 %
GRAND 1.11 - 0.01 %
LRH 28.25 - 0.25 %
MANRIN 25.75 0.00 %
MINT 24.00 0.00 %
ROH 27.00 0.00 %
SHANG 50.00 + 0.75 %
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