2014/05/08 in Latest news - 43
Royal Phuket Yacht Club Closing For Upgrade
The island's first luxury hotel, The Royal Phuket Yacht Club in Nai Harn will close on May 31st for a substantial upgrade.
It's expected the property will reopen in time for high season 2015.
Late last year the property traded to a substantial Singapore investor who has committed to restoring the resort to a leading standard.
As Phuket continues to see a surge of new greenfield developments, pressure is continuing to be put on legacy properties who will increasingly be faced with the prospect to modernize in order to remain commercially viable.
- See more at: http://www.thephuketinsider.com/hotels/royal-phuket-yacht-club-closing-for-upgrade.php#sthash.UvamWAH5.dpuf
Author:
Patrick Lusted