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THAILAND HOTELWATCH Top 5 Growing Brands

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Posted: 06 Jan 2010 | 6:00 am

While lifestyle boutique brainchild's the world over try to find new brand names that start with the letter A, Thailand has a number of up and coming chains which are set to see growth not only here but regionally in Asia -

1.U HOTELS & RESORTS

Billed as "uncomplicated, and inspiring this deluxe chain is Thai listed Tanayong PCL hospitality venture. Current operating properties are in Chiang Mai and Khao Yai. New projects in Thailand include Bangkok (Sathorn), Phuket, Kanchanaburi, and overseas Hanoi, Bail and India.

2.ALEENTA/ AKYRA

Using beachfront locations in Hua Hin and Greater Phuket (Phang Nga) as a launching pad this brand was the brainchild of former international financier Anchalika Kijkanakorn. Through the recently launched Akaryn management arm the two brands have firm expansion plans on the books to pursue outside contracts to fuel growth.

3.ATIVA

Long time Asian hotel guru Bill Black's start up which first came to life as Bed Management Company at the indie favorite Hotel de la Paix in Siem Reap and now has teams with Nadathur Hospitality to grow Ativa. SilQ Bangkok opened last year with new properties coming up in Vietnam, India and Laos.

4.ASTUDO HOTELS & RESORTS

A multi brand offering, with X2, Le Bayburi, Away and Case under the umbrella. X2 has been the expansion platform with properties in Pranburi, Koh Samui, Rayong and Koh Kood, the brand got into mixed use residential products in 2009 and this looks to be fueling growth together with recently announced regional management contracts back of its wide portfolio coverage.

5.TUNEHOTELS.COM

Okay so this is not a Thai based brand, being common shareholding with brand giant AirAsia in Malaysia. Its recent franchise agreement with Bangkok based Evolution Capital PCL has firmed targeted Thailand in a significant way and expectations are for a number of these limited service properties including Phuket to seriously turn the budget and economy lodging sector on its ear.

DO YOU LIKE THIS?
 
As one involved in the management of property, I can ssure you that however scenic the East coast is, the Ao Por area is definitely not on the map yet. There is no infrastructure at all, no choice of Int'l restaurants or entertainment, and very far from everywhere. The sea is shallow, muddy and generally unswimmable. I can not think of any reason why anyone (except maybe a yachtie or a recluse)would want to stay there.


Bill Barnett responds:
Thanks and its a big island, with different strokes for different folks, with the East Coast now sporting Absolute, Radisson, Novotel, Outrigger and a Westin opening soon, others may not share the same opinion. Diversity is good and your opinion is appreciated.
 
Mark, 09 Jan 2010 | 2:48 pm
 
How is the rental market for apartments going on down there ? i was looking at a resale at East Coast Ocean Villas as an investment ..
Bill Barnett responds:
In the broad Phuket property market rentals are becoming a major segment, more expats working here wiht new schools, hotels and tourism related busienss and also a tendancy for people who once bought to rent first and see. So in general terms the rental market is currently attractive. As for resales take a long term view the market has flattened but if good fundamentals is solid.
 
Chubbycheeks, 06 Jan 2010 | 6:36 am

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THAI HOTEL SHARE PRICES
Name Current Change

CENTEL 37.25 + 0.25 %

DTC 60.25 0.00 %

ERW 5.15 0.00 %

GRAND 1.60 + 0.02 %

LRH 43.00 - 1.50 %

MANRIN 28.00 0.00 %

MINT 28.00 + 2.00 %

ROH 21.80 0.00 %

SHANG 58.00 0.00 %

*Disclaimer.

 
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