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1. Outrigger Sells Six Resorts to Thailand’s Singha Estate
Singha Estate, one of Thailand’s premier property development and investment holding companies, has acquired six properties from the Honolulu-based hotel chain and management company, Outrigger. The US$ 310 million acquisition is part of Singha Estate’s strategic investment approach focused on the expansion and entry in high-yield tourist destinations around the globe.
2. S Hotels & Resorts Unveils Major Expansion Plans
S Hotels & Resorts, the flagship hospitality arm of Singha Estate PCL, will add six new and repositioned properties to its portfolio in the next 12 months. The company has ambitious growth plans. Today, its global portfolio consists of 39 hotels totalling 4,647 rooms, by 2025 S Hotels & Resorts expects to have 82 properties with 9,000 keys. Published by TravelNewsAsia.com on 16 Dec
3. S Hotels and Resorts to Sell Underperforming Assets in the United Kingdom
S Hotels and Resorts, the hospitality arm of Thailand's Singha Estate PCL, is planning to divest a selection of its underperforming hotel assets in the United Kingdom. The company intends to sell the 73-key Mercure Newbury Elcot Park for GBP 4.25 million (approximately THB 186 million). Five other UK hotels in the portfolio, identified as non-core assets, may also be sold. Publishe
4. HICAP 2018 Deal of the Year Award Finalists
The organizers of the annual Hotel Investment Conference Asia Pacific (HICAP) have announced the finalists for the Reggie Shiu Development of the Year, Transaction of the Year, and the M&A Deal of the Year Awards. The awards will be presented at the 29th annual HICAP held 17-19 October 2018 at the Kerry Hotel Hong Kong.
5. Hungary Orders 20 Airbus H145M Helicopters
The Hungarian Ministry of Defence has ordered 20 Airbus H145M military helicopters equipped with the HForce weapon system. The H145M was first delivered in 2015 to the German Armed Forces and has since been ordered by Thailand and the Republic of Serbia.
6. Sangjay Choegyal Appointed GM of Shinta Mani Wild - Bensley Collection
Sangjay Choegyal has been appointed as General Manager of the highly anticipated Shinta Mani Wild – Bensley Collection, a luxury tented camp scheduled to open in November 2018. Sangjay’s previous experience includes assignments at Four Seasons Tented Camp Golden Triangle and Four Seasons Koh Samui in Thailand, Amankora Punaka in Bhutan and Gal Oya Lodge in Sri Lanka where he was th
7. Philippine Airlines to Suspend Manila - Jeddah Flights
Philippine Airlines has confirmed that it will temporarily suspend flights to and from Jeddah, Saudi Arabia beginning 19 September 2018.
8. Star Alliance Opens Lounge at Fiumicino Airport in Rome, Italy
Star Alliance has opened a lounge for eligible First and Business Class passengers and Star Alliance Gold Card holders at Fiumicino Airport in Rome, Italy. Located on the upper level of Boarding Zone D in Terminal 3, the lounge provides easy access to the departure gates for Alliance member carrier flights to European destinations in the Schengen Zone.

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