Phuket (Thailand) – August 28, 2019 (travelindex.com) – Thai-Chinese Property Holdings and Aplan Properties are jointly opening the luxury Radisson Phuket Mai Khao Beach hotel on one of Phuket's most beautiful beaches, Mai Khao Beach. Operating under the Radisson brand, this hotel offers a first-class ambiance in this dynamic destination, excellent service, and allows travelers and investors alike to benefit from the group's global reach.

Mr. Thomas Darby, Property Manager at Aplan Properties, announced the signing of an agreement with Thai-Chinese Property Holdings for the development of the Radisson Phuket Mai Khao Beach. The hotel is targeting an upscale market segment. The residential units will be included in a mandatory rental program. Sales and marketing of the individual units will be handled by DMRD Asia, while hotel operations will be managed by the Radisson Hotel Group. The project offers an attractive investment opportunity and is also a perfect holiday destination for travelers. An Environmental Impact Assessment (EIA) is currently underway. Construction is scheduled to begin in the first quarter of 2020, with completion planned for 2023. The sales offices will open to the public in December of this year.

“The Radisson Phuket Mai Khao Beach is a project we are very proud of, and thanks to its innovative design and comprehensive amenities, it will surely delight both investors and tourists. Our collaboration with the Radisson Hotel Group as operator allows us to further raise the bar for upscale hotels in Phuket while offering international guests an exceptional travel experience,” said Thomas.

The Radisson Phuket Mai Khao Beach is located on the northwest coast of Phuket Island, on a private and secluded beach surrounded by unspoiled nature and absolute tranquility. The location is superb: Phuket International Airport is just a 15-minute drive away. The project covers over 4 rai (8,000 square meters) and has a total usable area of ​​14,000 square meters. It consists of eight low-rise buildings with 222 modern rooms and suites (110 of which are condominiums), which are also offered as condominiums to foreign buyers. The property is licensed as a commercial property.

Modern design and functionality are tastefully combined with Scandinavian décor. Each unit offers breathtaking views of the Andaman Sea and features a variety of functional guest rooms, from the Deluxe Studio with sea view (41 square meters) to the Premiere Suite with pool access and direct pool access (47 square meters), and the Grand Suite with sea view and private pool, measuring up to 132 square meters.

The project, distinguished by its upscale positioning, offers a comprehensive range of amenities, activities, and services. It features 24-hour restaurants and bars, a gym, a spa, a traditional sauna and steam room, a rooftop pool with a lounge, and state-of-the-art meeting rooms for events of all sizes. Modern technologies and innovations create unforgettable experiences for investors and travelers. These include a password-protected access system and a high-security building system.

“We are convinced that Phuket, with its exceptional beaches, attractions, art and culture, and local charm, continues to have great potential as a travel destination. As a Chinese company, we are more than confident that our collaboration with professional business partners such as Aplan and the Radisson Hotel Group will attract investors and visitors from China and Southeast Asia,” said Dr. William Lau of Thai-Chinese Property Holding.

“Besides a high-end project with a renowned developer and a prime location, investors today are looking for projects that cater to diverse lifestyles and ensure a significant return. Real estate projects must therefore be flexible and meet the varied needs of consumers. The Radisson Phuket Mai Khao Beach combines all these essential components and also boasts a rare and strategic beachfront location. Furthermore, Radisson is a globally recognized brand. It enjoys a high international reputation, particularly in India and China, our key target markets for investment and tourism. Thai investors also represent one of our potential markets,” said Marciano Birjmohun, Managing Director of DMRD Asia.

The estimated starting price is 7.2 million THB and includes full ownership and a high-end operation. Investors will receive a guaranteed return of 6% for the first three years. From the fourth year onwards, a revenue-sharing model for buyers will be introduced, providing an annual net return of 5%.

“Thanks to our experience and expertise in the dynamic economy and central location of Southeast Asia, Thailand is one of the most dynamic countries in the world. Radisson, our international premium brand, is a perfect fit for many of Thailand’s rapidly growing destinations, including Phuket. We look forward to introducing a new era of hospitality to domestic and international travelers in this beach paradise,” said Andre de Jong, Vice President Operations, Southeast Asia and Pacific, Radisson Hotel Group.