Pegasus inks agreement with Banyan Tree to manage Dhawa Quy Nhon Resort 21:05 | 07/04/2021
Pegasus Investment and Consultancy JSC, part of KinderWorld Education Group, a flagship education institution from Singapore, and Banyan Tree Hotels & Resorts today signed a hotel management agreement to operate Dhawa Quy Nhon Vietnam upon the completion of the resort, expected in 2023. Â Â
Aiming to create an international tourist destination with beautiful landscape and architectural design, Dhawa Quy Nhon Vietnam will be managed by highly-acclaimed and deeply experienced Singapore hotel operator - Banyan Tree Hotels & Resorts - under its Dhawa brand.
Abdul Rashid, executive director and chief executive officer, Pegasus (left) and Eddy See, president and group managing director, Banyan Tree Holdings Limited (right) at the signing ceremony
Property experts believe that branded residences will have a special place in the real estate industry because of their unique offerings as well as the attention to detail and quality service provided. These products appeal particularly to high-net-worth individuals (HNWIs) with discerning tastes and who are willing to pay a premium for a luxury lifestyle.
From a transactional standpoint, property experts believe branded residences will continue to see steady demand despite the Covid-19 pandemic and ongoing economic challenges, especially those with strong brand names.
“The traditional branded concept is a hotel-led development with integrated or linked residences. They naturally benefit from the hotel brand (quality), management (smooth running) and services (luxury). In essence, this gives the owner the comfort and permanence of a home but with the full benefits and luxury of a five-star hotel,” says Knight Frank Malaysia associate director of international project marketing
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4 Techin Ploypetch, aka DJ Matoom, answers questions after reporting to Thung Mahamek police on Friday. He was soon after given a suspended jail sentence by the court. (Photo: Wassayos Ngamkham)
The South Bangkok District Court on Friday gave a one-month suspended jail sentence to actor Techin Ploypetch for violating the emergency decree by holding a birthday party at a hotel in Bangkok six weeks ago.
The party was the centre of a cluster of Covid-19 infections in Bangkok.
The court initially sentenced 31-year-old Techin, better known as DJ Matoom, 31, to two months in jail and fined him 20,000 baht for breaching the emergency decree by holding his birthday party at Banyan Tree Hotel on Jan 8.
Banyan Tree progresses Skypark Lucean Jomtien Pattaya project
published : 16 Feb 2021 at 16:37
The president of Thai-Chinese Cultural Relationship Council, Mr. Pinit Jarusombat, witnessed the signing of a cooperative agreement for “Skypark Lucean Jomtien Pattaya” between Lunik Real Estate, led by Ms. Lu Meng, Managing Director, and Banyan Tree Group, led by Mr. Ho Kwon Ping, Chairman of the Executive Committee, and Ms. Claire Chiang, Senior Vice President, Banyan Tree Holdings, at Banyan Tree Hotel, Bangkok, on 15 February 2021.
Lunik Real Estate is a joint venture company between Thai and Chinese businessmen with a view to developing Skypark Lucean Jomtien Pattaya, a real estate project in Jomtien, Pattaya. The branded residential project comprises a 60-storey tower and a 31-storey tower, totalling 899 units. The 4,500-million-baht project is equipped with full facilities managed by Skypark, an affiliate of the world-class Banyan Tree hospitali