Radisson Hotel Group announced the signing of a new upscale Radisson property in Thailand, located on Phuket’s sunset coast, in partnership with Thai-Chinese Property Holdings.
Scheduled to open in 2023, Radisson Phuket Mai Khao Beach is strategically located on the island’s northwest shore, with direct access to Mai Khao Beach – an 11km-long stretch of sand overlooking the Andaman Sea. Just 15 minutes’ drive from Phuket International Airport, this destination is also easily accessible.
Radisson Phuket Mai Khao Beach will feature 222 contemporary rooms and suites. The property will also be able to host events, with a choice of two meeting rooms, a business centre and professional support making this a delightful venue for corporate retreats.
Under a sale and leaseback arrangement, investors will be able to purchase units at Radisson Phuket Mai Khao Beach, providing exclusive privileges and a memorable vacation destination. The units will be put into a mandatory rental programme, while the operations of the property will be managed by Radisson Hotel Group, enabling investors to benefit from the group’s global distribution reach.
“The signing of this new property reflects our confidence in Thailand’s tourism industry and our strategy of introducing world-class hotels into Asia’s dynamic destinations, including major cities and popular resort destinations,” commented Katerina Giannouka, president of Asia Pacific at Radisson Hotel Group.
