Ritz-Carlton has signed a new property in
Thailand, the Similan Beach, a Ritz-Carlton Reserve.
Located in Bo Dan, just north of Tha Sai,
the 79 upscale villa resort is scheduled to open in the fourth
quarter of 2011.
Developed by an institutional private
equity firm, the site was previously owned by Kingdom Hotel
Investments and had been earmarked as a Raffles managed property.
Reserve, a new brand extension
of Ritz-Carlton, is to launch in Krabi, also in Southern Thailand,
Phulay Bay, A Ritz-Carlton Reserve. This Krabi project has
been delayed, and is currently scheduled to open 1 December 2009.
ASIA Travel Tips.com was awaiting more info from
Ritz-Carlton at press time. More to follow....
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