Hotel properties buys Thai Boathouse Kata resort for $24m It has 74% stake post-acquisition. Hotel Properties announced that its newly incorporated subsidiary in Singapore, Kata Boathouse Holdings Pte Ltd and newly incorporated associated company in Thailand, Boathouse Holdings have acquired Boathouse Kata for combined cash consideration of approximately S$24m. Boathouse Kata is in the hotel […]
Continue ReadingAccor to bring managed residences to Thailand AccorHotels from France will continue to increase its presence in Thailand. Local newspapers are reporting that the company will bring its mid-scale, lifestyle hotel brand, Mama Shelter, to the country. Accor is also looking for opportunities to manage luxury residential projects for Thai developers. Patrick Basset, Chief Operating […]
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Absolute power fails to solve MRT’s missing link The junta leader’s special power may be a shortcut to tackling many of the nation’s problems, but it turns out that the missing link between two commuter rail lines isn’t one of them. The Mass Rapid Transit Authority, or MRTA, failed to meet a November deadline from […]
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Cambodia Rail link to Thailand on schedule Cambodia and Thailand will be linked by railway by the end of 2016 as planned, according to a senior official, but some sections of track from Phnom Penh to Banteay Meanchey province remain unrepaired. Minister of Public Works and Transportation Sun Chanthol said this week that the official […]
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Solar Frontier’s CIS solar systems installed at Delta Electronics in Thailand Image: Solar Frontier’s panels installed at Delta Electronics factory site in Thailand. Tokyo-based Solar Frontier K.K., the world’s largest provider of CIS solar energy solutions, and power supply and electronic component producer Delta Electronics (Thailand) PCL have announced the completion of four projects totaling […]
Continue ReadingMeliá Hotels International signs first property in Bangkok – Meliá Bangkok Slated to open in 2022, Meliá Bangkok will strengthen the Group’s presence in Thailand and Asia The signing of Meliá Bangkok marks Meliá Hotels International (MHI), Spain’s leading hotel group, entry into the Bangkok hotel industry in 2022. Meliá Bangkok is the Company’s second […]
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BSR Joint venture wins rights for Bangkok’s Yellow, Pink line MRTA construction BSR Joint Venture has won bids for the mass-transit Pink and Yellow lines under the public-private partnership (PPP) scheme, the Mass Rapid Transit Authority of Thailand (MRTA) says. BSR comprises BTS Group Holding Plc and Sino-Thai Engineering and Construction Plc (STEC) and Ratchaburi […]
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InterContinental Vientiane to become one city’s largest hotels when it opens in 2021 InterContinental Hotels Group (IHG) has revealed plans to launch the first InterContinental hotel in Laos. Set to open in 2021, the new-build InterContinental Vientiane will become the company’s second hotel in Southeast Asian country, following the existing Crowne Plaza Vientiane. It will […]
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North and West Thailand warned of quake danger Experts say construction methods need updating All provinces in the North and the West are vulnerable to powerful earthquakes as a result of shaking “blind” faults that have not been officially recorded, a prominent seismologist warned on Friday. He warned that any new building construction in the […]
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Laos upgrades Wattay International Airport A terminal expansion project at Wattaya International Airport should be completed by 2018. Project supervisor, Sengsangoun Chanthavong, said the project under the Official Development Assistance of the Japan was worth 7.5 billion yen (over USD60 million). The project began in December, last year and is now due for completion in […]
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