The Swiss-based company plans to open new properties in Bangkok, Chiang Mai and Koh Samui and operate five hotels in the country by 2014. Mövenpick Hotels & Resorts announced today plans for three new properties in Bangkok, Chiang Mai and Koh Samui during the next three years, signalling a solid period of strategic Asian expansion [...]
Fuji Group, a major local Japanese restaurant chain, will diversify into the hotel business by opening a three-star hotel on Koh Samui by the end of this year, according to executive director Amnaj Tanaka. The company is investing 300 to 400 million baht to develop the 85-room Thana Boutique Hotel on a two-rai site on [...]
After taking a hard hit during the global slump, the island resort is showing strong signs of a recovery. The controversy over oil exploration off the coast of Koh Samui does not seem to have dented tourism on the island. The number of visitors increased by 19% in the first half of 2010 compared with [...]
A sharp upswing in visitor arrivals to the resort island of Koh Samui translated into a USD25.5 million increase in hotel room revenue in the first six months of this year compared to H1 2009, according to research by leading consulting firm C9 Hotelworks’ Samui 2010 Hotel Market Update. C9 Hotelworks’ Managing Director, Bill Barnett, [...]
In spite of the sharp declines in arrivals during the political crisis months of May and June 2010, international visitor arrivals in the first four months of this year were still high enough to allow the country to enjoy a 13.70% increase in total arrivals in the first half. Figures tabulated by the Ministry of [...]
