Singapore’s Castlewood Group to Expand Dream Hotels Brand in Asia; Phuket First

[HD video below] Singapore’s Castlewood Group has partnered Début Hotel Group, part of Hampshire Hotels Management, for the development and operation of the Dream Hotels brand throughout Asia.

Castlewood and its subsidiaries aim to develop up to 20 Dream Hotels over the next 10 years.

The Dream Hotels brand will make its first appearance under the Castlewood Group umbrella at a new-build property in Bang Tao, adjacent to Laguna Phuket. The Dream Phuket Hotel & Spa is slated to open in December 2015.

“We are absolutely delighted to enter into a partnership with Début Hotel Group and Dream Hotels,” said Chris Comer, CEO, Castlewood Group. “Both Début and Dream share Castlewood Group’s vision of delivering world-class hotels. When we were approached about this unique opportunity, a partnership with this visionary lifestyle hotel group made perfect sense for us and our investors. A great success story is in the making as we team up with a hotel company that not only delivers a solid and consistent occupancy rate, but that can match this revenue dollar for dollar with its food and beverage offering, which is incredibly rare. I believe we will create something truly remarkable, partnering our deep experience in the Asian market with Dream’s unique and edgy brand offering.”

Castlewood Group is a Singapore property development company which sponsors commercial real estate investments.

Jay Stein, Chief Operating Officer and interim President and Chief Executive Officer of Début Hotel Group and Hampshire Hotels Management, said, “We are confident that Castlewood’s seasoned hotel management team will manage Dream Phuket Hotel & Spa, the first hotel to open under the agreement, and each of the upcoming Dream hotels, in alignment with the brand’s philosophy.”

Dream Phuket Hotel & Spa - Exclusive Interview with General Manager, Chris Adams

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