Press release
The Yamu Phuket backed by Ong Beng Seng in Singapore
The Yamu Phuket backed by Singapore and Thailand
The news comes after construction of the Yamu Hotel was stopped during the recent economic downturn.
The Yamu, located on the East Coast of Phuket, was designed by Philippe Starck and is currently owned by Campbell Kane.
Now that finances are in place, construction will restart with the Yamu Hotel scheduled to open in early 2012.
Listed on the Singapore Stock Exchange, HPL was founded by business tycoon Ong Beng Seng and owns forty hotels in fourteen countries, including the Singapore Four Seasons Hotel and the Hilton.
HPL also owns interests in Four Seasons Hotels in Bali and Maldives, the Bangkok Metropolitan and the Hard Rock Hotel in Pattaya.
Como Hotels and Resorts, a privately held subsidiary of HPL Group, will manage The Yamu once completed.
The company is owned by Ong Beng Seng’s wife, Christina Ong, and currently operates The Metropolitan and The Halkin Hotels in London, the Como Shambhala in Bali and the Uma Bali resorts in the Caribbean and Maldives.
Thai KS Group will also be investing in the project.
Owned by Eddie Kiasrithanakorn, Thai KS Group’s primary business is Honda motorcycle parts in Cambodia, Vietnam and Laos but the company has shifted its focus towards the hospitality industry within the last two years; taking ownership of Alila properties in Cha Am, Thailand, Luang Prabang in Loas and Hadahaa in the Maldives.
Article source: http://blog.phuketoceanvillas.com/the-yamu-phuket-backed-by-singapore-and-thailand/
Author:
Rebecca Smith
Phuket Ocean Villas
http://www.phuketoceanvillas.com
http://blog.phuketoceanvillas.com
Phuket Ocean Villas specialise in luxury ocean view property in Phuket, Thailand. We have a superb and extensive portfolio of luxury property in Phuket, available in breathtaking locations throughout the island, including new property, resale property and land.
http://www.phuketoceanvillas.com
http://blog.phuketoceanvillas.com
149/12 Srisoonthorn Road,
Cherngtalay,
Thalang,
83110,
Phuket,
Thailand
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Yamu Phuket backed by Ong Beng Seng in Singapore here
News-ID: 157783 • Views: …
More Releases from Phuket Ocean Villas Co. Ltd.
Thailand aims to double tourism by 2014
The Tourism Authority of Thailand (TAT) has unveiled ambitious plans to double tourist arrivals to the Kingdom over the next two years.
Armed with a budget of 500 million baht (US$16.4 million) and a new campaign slogan, “The miracle years of amazing Thailand”, TAT will attempt to double arrivals to thirty million per year, whilst also increasing income from tourism to 2 trillion baht (US$65.5 billion) per annum.
TAT has already earmarked…
Phuket property: The Village, Coconut Island may face legal action
Phuket, Thailand: According to a report in the Phuket Gazette, Phuket property development The Village, Coconut Island could be facing legal action for infringing Thai environmental and licensing laws.
A complaint filed by local residents at Phuket Provincial Hall last week stated that The Village was releasing untreated waste water into the sea.
The matter was followed up personally by Phuket Vice Governor Somkiet Sangkhaosutthirak who visited the island last week with…
Phuket Boat Lagoon crosses water to add moorings in Krabi, Thailand
Phuket, Thailand: As Phuket Boat Lagoon continues to be almost always full to capacity, its owners have been looking across the water to Krabi to increase the number of yacht berths that they can offer.
And it seems that their plans are well advanced, as they have just announced that phase one of their Krabi Boat Lagoon is due to be completed in November this year.
The new marina is located in…
Thai massage hits new heights in Phuket - Bangkok to see climax
Phuket, Thailand: More than five hundred Thai massage therapists descended on Kata Beach in Phuket, Thailand today for an un-official attempt at setting a new world record for simultaneous massage.
Although the official figure is yet to be confirmed, it is thought a total of five hundred and eighty four pairs took part. The current official Guinness World Record is two hundred and thirty two, set on 30TH March 2010,…
More Releases for Thai
Phaya Naak Announces the First English Version of its Best-Selling Thai Conversa …
The independent publishing house Phaya Naak, which has sold over 5,000 guide books from French into Southeast Asian languages, has decided to go international by offering English speaking travelers a series of funny yet useful conversation guides.
Nong Khai (Thailand) and Paris (France) - March 16, 2020 - Phaya Naak is an independent publishing house created in 2014 in Nong Khai, a city in Northeast Thailand. It is now releasing the…
Global Insurance Market Top player 2018 - AIA, Prudential, Great Eastern, AXA, A …
Global Insurance Market Report 2018 includes a total amalgamation of assessable trends and predicting analysis. This Insurance analysis offers an approach for a large number of clients. Employing accredited global Insurance market data resources together with various practices and tools to successfully get and study information, our accredited group of analysts, researchers, and advisors has obtained extra efforts in calling the global sector. The Insurance report suggests that the newest…
Insurance Market Report for Period 2011 till 2022 Allianz, Muang Thai, Thai Life …
Global Insurance Market report provides detailed analysis of companies namely Allianz, Muang Thai, Thai Life, Siam Comn, Manulife, and Others. This report study includes global market statistics and analysis for example, company performance, historical analysis 2012 to 2016, market forecast 2017 to 2023 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2017 to 2023, etc.
Insurance is a business that provides coverage, in the form of…
Global Insurance Market 2017 - Allianz, Muang Thai, Prudential, Thai Life, Manul …
The report studies Insurance in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022
Global Insurance Industry 2017 is a comprehensive, professional report delivering market research data that is relevant for new market entrants or established players. Key strategies of the companies operating in the market and their impact analysis have…
Global Insurance Market 2017 - AIA, Prudential, Great Eastern, AXA, Allianz, Mua …
The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Insurance industry development trends and marketing channels are analyzed.
Insurance is a business that provides coverage, in the form of compensation resulting from loss, damages, injury, treatment or hardship in exchange for premium payments. The company calculates the risk of occurrence then determines…
Tempting Thai Cuisine at Press Club
Hanoi, Vietnam- From the light and aromatic soups of the coast, to the fresh and spicy salads of the north, to the rich and colourful curries of the south, the exquisite flavors of Thailand are in the spotlight this month.
From October 22 to 28, the Press Club Bar Lounge will be adding some heat to Hanoi's cool autumn weather with 'Tastes of Thailand', a mouthwatering menu showcasing some of…
