W Hotels to enter Thai market with hotel and residences 
W Hotels to enter Thai market with hotel and residences
W Hotels, an international high-end hotel brand, has announced plans to open its first hotel/residences development in Thailand.
W
Retreat & Residences–Koh Samui will be the brand’s third in the
world, following W Maldives which opened in September 2006 and W
Vieques, scheduled to open in late 2007.
The newly built 70-villa W
Retreat & Residences–Koh Samui will cater to upscale leisure
travelers when it opens in late 2008. There will also be approximately
20 luxury residential villas on the grounds of the retreat that will be
available for purchase.
Starwood Hotels & Resorts Worldwide,
Inc. the parent company of W Hotels, has entered into a management
agreement with Amburaya Resorts to manage the hotel.
"The
signing of W Retreat & Residences–Koh Samui marks the entry of the
W brand into Thailand, undeniably one of the top-rated destinations for
its value and unforgettable beauty, luxury, culture and adventure,”
said Ross Klein, President of W Hotels Worldwide. “Koh Samui will be
the first destination in Thailand to have W Residences, which have
become the ultimate expression that our guests want to live with us
24/7, checking-in and never needing to check-out.”
“We are
thrilled that we will open W Retreat & Residences–Koh Samui, the
first W retreat in Southeast Asia, and to expand our partnership with
Starwood Hotels in Thailand,” said Ashwani ‘Sunny’ Bajaj, Managing
Director of Amburaya Resorts, which also owns the year-old Sheraton
resort in Pattaya. “Koh Samui is known as one of the most popular
island destinations in Thailand and is definitely a great brand fit
with W, given the energy and style of the island.” added Bajaj.
W
Koh Samui will be located on a 26 acre site on Maenam Beach, at the
north shore of Koh Samui. The retreat will feature 70 villas, each
approximately 1,722 square feet (160 square meters), W’s signature
Living Room and lounge, one signature restaurant, a pool bar and a
signature spa.
W Hotels is a global lifestyle brand with 21
properties in cities around the world. W’s first Retreat & Spa, W
Maldives, opened in September of 2006 following a highly successful
opening of the brand’s first residential property, W Dallas Victory, in
June of 2006. W Residences, offering the W lifestyle at home, have been
announced for Las Vegas, Hollywood, South Beach, Fort Lauderdale,
Phoenix, Scottsdale, Philadelphia, Downtown Atlanta, and Hoboken.
Internationally, W has announced plans for hotels in Vieques,
Barcelona, Hong Kong, Shanghai, Santiago, Athens, Istanbul, Doha and
Dubai. Amburaya Properties is a Thai-based developer that currently
has properties in Bangkok, Pattaya, Koh Samui and India.
Source: http://www.property-report.com/aprarchives.php?id=272
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