Thailand's leading real estate agent

Hotel Sector Property News - Thailand, Bangkok

The Department of Natural Resources and Environment’s attempt to demolish 14 luxury resorts built on Sirinath National Park in Phuket province is likely to drag out much longer than the middle of next month, when the Land Department is expected to verify the legality of the resorts’ land deeds. The resorts, mainly operated by international hotel chains, are reluctant to ... Read More >
Thailand industry tourism business in Pattaya is expected to decline this year, with the number of visitors likely to fall by 300,000 to 8.8 million and income predicted to come in at Bt90 billion, down 10 per cent.  Sinchai Wattanasatsaton, president of the Pattaya Business and Tourism Association, said yesterday that tourism business in the resort city had dropped by ... Read More >
Bt200bn worth of projects expected to turn Bangkok into ‘city-lifestyle destination’ this decade by combining shopping, residential and office functions. New mega-property projects worth more than Bt200 billion combined in Bangkok are expected by observers to turn the capital into a city-lifestyle destination within Asean.  At least four developers have announced that major projects will be kicking off this year, ... Read More >
Despite the political crisis of the past several years, Bangkok is still considered one of the top tourist destinations in the world.  According to the latest MasterCard survey, Bangkok ranks No 2 in global top destinations with 16.42 million international overnight visitors this year, while London took over the top rank with 18.69 million.  They are followed by Paris, Singapore ... Read More >
BURITARA DEVELOPMENT CO has set aside an investment budget of Bt2 billion to develop condominium projects in tourist destinations in Thailand, Myanmar and Laos this year and next.  Half of that will be spent this year to develop three projects in Bang Saen and Pattaya, and the rest in 2015 to develop condo projects in Chiang Mai, Phuket, Myanmar and ... Read More >
The Lands Department says it is prepared to revoke any illegal land possession documents in Phuket’s Sirinat National Park if they are found to be illegal by an investigation to be held over the next 60 days.  “The investigation into land encroachment in Sirinat National Park must be conducted very carefully,” said newly appointed director-general Peerasak Hinmuangkow. “We cannot immediately ... Read More >
After premiering its first high-end Bt150-million cinema in Phnom Penh this week, Major Cineplex Group, Thailand’s largest movie-theatre chain, will continue to invest with its partners in 100 cinemas in Cambodia, Laos and Myanmar by 2020.  Major Cineplex and its local partner Platinum Cineplex are earmarking Bt500 million for 50 cinemas in Phnom Penh in five years to serve increasing ... Read More >
Investment in new hotels in Thailand is expected to slow next year as many key players concentrate on newly opened markets to cash in on the opening of the Asean Economic Community (AEC), according to the president of the Thai Hotels Association (THA).  However, Thailand will remain one of the most attractive destinations in the region, with expectation of 28 ... Read More >
A direct commercial air service to Koh Phangan, home of the famous full moon parties, is expected to begin this year.  It will follow completion of a greenfield airport on Thailand’s fifth-largest island and the inauguration of flights by commuter carrier Kan Air.   Somphong Sooksanguan, the airport’s investor and Kan Air founder, confirmed the first flight would take place by ... Read More >
Investment in new hotels in Thailand is expected to slow next year as many key players concentrate on newly opened markets to cash in on the opening of the Asean Economic Community (AEC), according to the president of the Thai Hotels Association (THA). However, Thailand will remain one of the most ... ... Read More >
Airports of Thailand expects its profit excluding special items this year to be no lower than last year’s Bt9.95 billion, despite the unfavourable political situation. AOT president Makin Petplai said yesterday that it had strictly implemented cost-saving measures and boosted non-aviation revenue. Foreign tourists’ confidence in Thailand has resumed after the military stepped in after ... ... Read More >
Canapaya Property Co, the developer of Canapaya Residences on Rama III Road, plans to develop a retail-cum-hotel complex next to the condominium next year. “Business sentiment has been improving after the political deadlock ended with the coup. So we will push forward a new development next to our ... ... Read More >
The Tourism Authority of Thailand is preparing a three-month plan to rebuild tourism, but the country would probably still fail to achieve its arrival target for this year. The recovery plan is set to run this month until August, almost three months, to draw tourists back before the high season arrives. The plan starts ... ... Read More >
Tourism Council urges same move in Bangkok, Hua Hin and Cha-Am The junta yesterday lifted curfew in the key tourist destinations of Pattaya, Koh Samui and Phuket to ease the atmosphere there and reduce the fallout on the local economy. However, curfew has been maintained in other areas, including the capital, between midnight and 4am. Yesterday's announcement was ... ... Read More >
3 มิถุนายน 2557, กรุงเทพฯ – ซีบีอาร์อี ที่ปรึกษาด้านอสังหาริมทรัพย์ชั้นนำระดับโลก เปิดเผยว่า จำนวนนักท่องเที่ยวชาวต่างชาติที่เดินทางเข้ามายังภูเก็ตเพิ่มขึ้นถึง 6.9% ต่อปี มาอยู่ที่ระดับ 962,953 คนในช่วงไตรมาสแรกของปี 2557 ประกอบกับมีจำนวนเที่ยวบินจากสายการบินนานาชาติที่บินตรงมายังภูเก็ตเพิ่มมากขึ้น ช่วยให้ตลาดพ้นจากผลกระทบในแง่ลบจากปัญหาทางการ... ... Read More >

emailSubscribe Via Email

Privacy guaranteed. We will not share your information.

Follow Me on Twitter

Follow Me on Facebook

Subscribe via RSS Feed

Copyright © 2020 CBRE (Thailand) Co., Ltd. All Rights Reserved.