According to C9 Hotelworks “Phuket Hotel Market Update Mid-Year Edition 2011” which will be released next Tuesday August 9th, Hong Kong based Marco Polo Hotels and InterContinental have signed new properties on the island.
The 294 room Marco Polo Resort Phuket will open in Q1 2014.
Located on the east coast’s Koh Siray near to the new Park Hyatt, the latter project recently obtained Board of Investment (BoI) approval by the Thai government for foreign ownership status.
For InterContiential (IHG) the first Holiday Inn Express on the island is set for Patong. With 280 rooms, the property will debut in late 2012.
Our full bi-annual Phuket report will be featured online next week.