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Macau concessionaire SJM Resorts has revealed plans to acquire nine levels of office space in neighboring Hengqin with the intention of converting it into a three-star hotel. 🏨 #InsideAsianGaming #IAG #Macau #Hengqin #expansion

Here’s how we bring luxury branded residences to Vietnam.

BRANDED RESIDENCES: MOVING BEYOND TRADITIONAL HOTSPOTS As we've all seen in countless reports, the branded residences sector is booming, breaking out of its traditional confines in cities like Miami, New York, Dubai, and London to make waves across the globe. Today's headlines highlight the extraordinary expansion and innovation in this space, showcasing the diversity and appeal of branded living. Some of developments just announced include: Rove Hotels Rove Homes in Dubai Marina - Rove venturing into branded residences with fully furnished studios and one-bedroom apartments, showing there's demand for more accessible branded living in the region. Four Seasons Hotels and Resorts' Expansion in Greece - the iconic luxury hospitality brand has announced plans for a luxury resort and private residences at Hinitsa Bay. This addition to their portfolio underscores the growing appeal of branded residences in Mediterranean destinations. Jumeirah's Entry into Africa - the brand's new projects include branded residences and an exclusive members' club spanning a tropical island and safari destinations. Jamaica’s Emerging Market - The Pinnacle Montego Bay is pioneering branded residences in Jamaica, positioning the island to attract high-net-worth individuals and luxury investment. Puerto Rico Welcomes Auberge Resorts Collection - Moncayo, a new luxury destination on Puerto Rico's east coast, will feature branded private residences surrounded by natural beauty, offering expansive homes tailored for family living. Dubai's Leadership in the Sector Dubai remains the global leader in branded residences, but the sector is no longer confined to a select few hotspots. From the Caribbean to Africa, and Greece to Puerto Rico, branded living has become a truly global phenomenon, catering to a broader spectrum of buyers and destinations. The future of branded residences is here—and it's everywhere! #BrandedResidences #LuxuryRealEstate #GlobalGrowth

It's so good to meet up with KP Ho in person again recently. And of course he always has something interesting to tell me. So here it is: Banyan Group is unveiling a rental platform on July 1 that enables you and I to book branded and unbranded residences as we would a hotel room. There are no membership requirements. Minimum stay depends on regulations of the city/country of the residence’s location. The move isn't meant to pit it against other luxury rental platforms such as Accor’s Onefinestay or Airbnb’s Luxury Retreats that feature individual homes. Neither is the platform, Banyan Living, designed to help developers pre-sell their units or villas. Instead, it focuses on facilitating rentals of Banyan's own branded residences, and those of other investors and developers whose projects must conform to Banyan quality standards. Will Banyan Living be icing on the cake for investors and developers to partner with Banyan Group and raise its already pretty impressive position in the sector? Read all about it in this Hotel Investment Today article: https://lnkd.in/gtVjkREv #brandedresidences

Thailand-based Minor Hotels, operator of the Anantara, Avani, Elewana, Oaks and Tivoli brands, has secured the management letting rights to the tallest tower in The Star Entertainment Group’s (ASX: SGR) $3.6 billion Queens Wharf development in Brisbane’s CBD. Minor Hotels will assume the rights to the 64-storey Queens Wharf Residenc... https://lnkd.in/gdaiyku2

Unlocking the Benefits of Investing in Branded Residences in Mauritius As the global real estate landscape continues to evolve, investing in branded residences connected to hotels in Mauritius offers a unique opportunity for savvy investors. Discover more about the lifestyle and investment opportunities in Mauritius in the insightful article from Pam Golding: https://lnkd.in/dHqq-eY8 #InvestInMauritius #BrandedResidences #RealEstate #LuxuryLiving #InvestmentOpportunities #PamGoldingMauritius

Read up on our latest blog: Luxury Amenities That Attract High-End Renters in Costa Rica: A Guide for Investors today!

One of the best parts about staying in a hotel is that you never have to clean and change the sheets or towels, but what if you could have that with your own apartment? Aparthotels have become extremely popular in South Africa in the last few years, and while most units are only available for rent, some can be purchased. In many ways they really do offer you the best of both worlds. You can get daily housekeeping, fresh linen, a stocked fridge, and the other amenities hotels offer without a costly “per night” fee, ands an added bonus, you don’t need to purchase any furniture. Aparthotels are also excellent for short-term letting, as your renters can enjoy the hotel’s amenities, too. Unlike regular apartments advertised on Airbnb, most aparthotels will also help you manage and prep your property when you have guests. Luxury is often about doing less, and that’s exactly what aparthotels are all about. I really hope we see more developments like these in the future, as I’d love to get some listings like these!

Marriott Hotels achieves amazing rates with a property by Marriott International known as Madi Paidi Autograph Collection Sukhumvit Thong Lor stands out as a example of smaller hotels that achieve amazing ADRs. As we head into the peak tourist season in Thailand, no rate is expected less than USD212 per night at this smaller 8 storey property in the middle of Bangkok's Thong Lor District. Popular with tourists from Singapore Japan and Taiwan, this facility with only 56 keys may target a room revenue of estimated over USD3m per annum. Assuming that Marriot is doing an amazing job maximising returns for this owner, basically the point I am making that it's not impossible to return to investor a >10% profit on a smaller property. Land on Sukhumvit Soi 53 is still available for USD10000/sqm and construction of an 8 storey 56 key property is currently at between USD5m to USD7.25m with a 15% premium for the types of finishing and delivery expected by the Autograph Collection. Basically with the yields being achieved by Marriot in Thailand as opposed to certain properties managed by Marriot in Singapore, net return to investment in Thailand appears to be better, based on initial investment necessary which seem to be 4x to 7x more in Singapore. If Marriott Hotels can consistently perform rates north of USD245 per night, then moving forward, unless there is limited debt on the asset, Singapore operators will be challenged to make profits even if room rates are double in Singapore compared to Bangkok. Because entry into the Singapore Real Estate market is prohibitive. Similar properties in Singapore need to achieve a minimum ADR of USD300 to USD400 per night to justify the same nett returns as a comparable Bangkok property. All Hail the professionals at Marriot for a job well done at this haven in Thong Lor. Happy to buy you a coffee from my home next door to Madi Paidi Bangkok when you visit next. and if you are looking to acquire a similar property in this location, give me a call at +66816165987. I may have just the right thing to offer you. Vimol Kogar Principal Bangkok 101 +66816165987

In Singapore recently, I stayed at where else but the city's new kid on the block, Mercure Icon, which opened April 15. What's it like? Well, I was completely floored as I think the owner, Worldwide Hotels, is the latest player to reinvent the mid-tier hotel, a difficult task as the segment has little room for meaningful change. Yet they did it. Read why I think so in Hotels-Asia (link below). My stay made me think about how our industry loves to throw around jargons like "affordable luxury,” which are ambiguous and meaningless. There's no room for ambiguity with this hotel, which raises the bar for mid-market stays with perfect location, thoughtful design and smart rooms. I left feeling I had experienced the true luxury of affordability – not "affordable luxury." Last year, I interviewed Worldwide Hotels Group CEO Carolyn Choo on her $1 billion hotel shopping spree, which included the Mercure Icon – here's the link for that Hotel Investment Today article: https://lnkd.in/gB7HQ79P The challenge for her now is filling up the nearly 1,000-room hotel. The Mercure franchise is a wise move, as Worldwide Hotels needs Accor's global distribution and loyalty network to fill up those rooms. But judging by the buzz at the hotel during my stay, this hotel will be a “hit” – pardon the jargon :) https://lnkd.in/gbvepExu #midmarkethotels #singaporehotels #newhotelopenings