Thailand
W Hotels heads for the great city of angels in Thailand
Rapidly expanding its reach in the world’s most alluring destinations, W Hotels today announced plans to open its second hotel in Thailand – W Bangkok. The newly constructed, 400-room hotel will debut in 2011 as part of a luxurious, mixed-use development at the core of the city’s commercial and diplomatic center. Owned by North... »
Nakheel breaks ground on W Bangkok
Top executives of Nakheel Hotels, Starwood Hotels & Resorts Worldwide, Inc. and Golden Land Property Development Plc, held the official ground-breaking for the new 400-room W Bangkok this week. When it opens at the end of 2010, the W Bangkok will be the first centre-city W Hotel in Southeast Asia, and will offer the... »
Istithmar takes 80 per cent share in US$130 million Bangkok hotel development
Istithmar PJSC, the investment arm of Dubai World, today announced the purchase of an 80 per cent stake in a new USD 130 million luxury hotel development planned for a prime intersection at the heart of Bangkok’s commercial district. The company has partnered with Golden Land Property Development PLC, a publicly-listed Thai developer that... »
Istithmar Hotels to partner with Amburaya Resorts on W Retreat & Residences – Koh Samui
Istithmar Hotels FZE, announced today it is to partner with leading Thai developer Amburaya Resorts to build and operate the W Hotel & Residences – Koh Samui, a 70-room luxury hotel opening in late 2008. The joint venture will bring the two companies together to finance and build the new property. The W Hotel... »
Istithmar and Temasek invest in Bumrungrad
Istithmar PJSC of the United Arab Emirates (Istithmar) and Temasek Holdings (Private) Limited of Singapore (Temasek) have each purchased 43,370,743 shares of Bumrungrad Hospital Public Company Limited (Bumrungrad) from Sinnsuptawee Asset Management Company Limited (Sinnsuptawee), a 99.99 per cent owned subsidiary of Bangkok Bank Public Company Limited. The transaction took place on 20 January... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum