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Radisson brand add another Phuket hotel to its portfolio

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The Radisson Hotel Group has signed a deal for a 222 key mixed-use hotel on Phuket’s north west coast at Mai Khao.

Set to open in early 2023, the hotel has sales and leaseback units under a hotel residences program.

Radisson Phuket Mai Khao Beach is being developed by Thai-Chinese Property Holdings.

Phuket’s ongoing development surge continues to attract Chinese groups and target branded hotel real estate.

“Phuket is the perfect fit for our upscale Radisson brand. The signing of this new property reflects our confidence in Thailand’s tourism industry and our strategy of introducing world-class hotels into Asia’s dynamic destinations, including major cities and popular resort destinations. We look forward to working with Thai-Chinese Property Holdings, as we bring this exciting project to life,” commented Katerina Giannouka, President, Asia Pacific, Radisson Hotel Group.

“With Radisson Hotel Group’s experience and expertise, along with their world renonwned hotel brands, we are confident and delighted to be working with the team. Radisson Phuket Mai Khao Beach is poised to elevate the level of upscale hospitality in Phuket,” said Darren Judges, Managing Director, Thai-Chinese Property Holdings Co., Ltd.

According to Mastercard’s 2018 Global Destination Cities Index, Phuket attracted 9.29 million international visitors last year, which made it the 11th most visited destination on the planet. Served by more than 50 airlines, Phuket International Airport offers direct connections to and from major cities worldwide.

Radisson brand add another Phuket hotel to its portfolio | News by Thaiger

The existing Radisson Blu Plaza Resort Phuket Panwa Beach

 

 

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Bill Barnett has over 30 years of experience in the Asian hospitality and property markets. He is considered to be a leading authority on real estate trends across Asia, and has sat at almost every seat around the hospitality and real estate table. Bill promotes industry insight through regular conference speaking engagements and is continually gathering market intelligence. Over the past few years he has released four books on Asian property topics.

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