Property News

Property News Phuketwan Property News
facebook recommendations

NEWS ALERTS

Sign up now for our News Alert emails and the latest breaking news plus new features.

Click to subscribe

Existing subscribers can unsubscribe here

RSS FEEDS

Vietnam and Ho Chi Minh: a new venture for Banyan Tree and  KP Ho

Laguna Phuket Says, 'Good Morning, Vietnam'

Tuesday, August 25, 2009
BANYAN TREE and Laguna Phuket, two brands that had their beginnings on Phuket, are spreading rapidly, especially in Vietnam.

A ground-breaking ceremony was held last week for Laguna Hue, a ''replica'' Laguna Phuket on a 280-hectare beachfront site. It is now expected to open before 2012.

The first phase, costing about US$200 million, will include Banyan Tree Hue and Angsana Hue, totalling some 350 keys, an 18-hole golf course designed by Nick Faldo, and branded resort residences.

Laguna Hue will have eventually about 2000 rooms and suites under the management of seven international branded hotel and resort operators, spas, a championship golf course, resort residences, convention facilities and a town centre with retail and recreational facilities.

If that sounds familiar, it's because the model is Laguna Phuket, where Banyan Tree was launched as a brand in 1994. The Vietnam project is expected to draw on expertise at Laguna Phuket.

''We have always believed that Vietnam holds the greatest potential of replicating the success of our flagship Laguna Phuket destination resort within Asia,'' says KP Ho, Banyan Tree's Chief Executive.

He rates the project ''a significant milestone for Banyan Tree'' with the Banyan Tree Indochina Hospitality Fund fhaving raised $US283 million.

The fund was created to focus on the development of Laguna Hue and other hospitality investment projects in the Indochina region.

Laguna Hue is within an hour's drive of Danang and Hue international airports. Apart from providing its hotel and spa management services to the hotels in the development, Banyan Tree is also the master planner and designer for the development.

In July this year, the group secured a contract to manage a 1300-key development under its sister brand, Angsana Hotels and Resorts. Angsana Fu Xian Lake is expected to open in Kunming in 2010.

The group will be pushing ahead with expansion plans, with resort and hotel openings expected in Hangzhou, China; Bali, Indonesia; Ras Al Khaimah, UAE and Acapulco, Mexico.

Laguna Heading Towards Resort Brand No. 8
Latest With one resort about to divide and another brand soon to arrive, Laguna Phuket continues to grow and adapt with changing times. Brand No. 9 might not be far away.
Laguna Heading Towards Resort Brand No. 8

Phuketwan Phuket News

MediaWATCH: Thais Own Phuket, says Land Office
News Digest Foreign ownership of Phuket officially rejected; Michael Jackson 'homicide'; Thailand out of recession; Shame for bad Brit tourists; Radisson hacked; Le Meridien trio surf heroes.
MediaWATCH: Thais Own Phuket, says Land Office

Human Rights a Key Issue for Asean in Hua Hin
Opinion/Analysis The treatment of the Rohingya by Thailand raises fresh questions about the country's attitude to human rights as Asean leaders get set to meet in Cha AmHua Hin
Human Rights a Key Issue for Asean in Hua Hin

Wanted: A Shipwreck for Every Phuket Beach
Photo Tribute Phuket's Sky Dive Reef has been destroyed but more attempts will be made to create artificial reefs off every Phuket beach, says the Thai Diving Association CEO.
Wanted: A Shipwreck for Every Phuket Beach

Burma Visa Runners Face Temperature Checks
Latest Phuket expats who cross to Victoria Point in Burma for visa renewals will find themselves subjected to a temperature check for reasons that so far remain a mystery.
Burma Visa Runners Face Temperature Checks

Phuket 'Scene of FBI, North Korean Arms Dealings'
Latest Phuket appeals to everyone, even, according to a news report on North Korea's counterfeit black market, arms dealers and FBI agents. It's the Uncle Sam Sham Scam.
Phuket 'Scene of FBI, North Korean Arms Dealings'

Phuket Romances its Way onto Movie Screens
Latest Phuket, in real life all comedy, drama, action and romance, has finally been made into a movie. ''It's very small but it's big,'' says the leading man. Yes, that's Phuket.
Phuket Romances its Way onto Movie Screens

Pacific Blue, Jetstar Open to Australia, Singapore
Latest Two low cost flight providers produce new flights and offer bargains between Australia and Phuket and Singapore and Phuket. Could it be War in the Air? Passengers hope so.
Pacific Blue, Jetstar Open to Australia, Singapore

Phuket's Beaches Fail the Five-Star Enviro Test
Latest A new star rating system for Thailand's beaches leaves the best on Phuket lagging a little. There's one local island with a five star beach, but it's not Phuket.
Phuket's Beaches Fail the Five-Star Enviro Test

Phuket's Favorite Traffic Snarl Gaining Ground
Photo Album November remains the deadline for works in Thalang Road, Phuket City, that will see the power, telephone and water lines placed underground.
Phuket's Favorite Traffic Snarl Gaining Ground

Comments

Comments have been disabled for this article.

Thursday November 21, 2024
Phuketwan - Your sweet Phuket, every day

FOLLOW PHUKETWAN

Facebook Twitter