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Member News provides news about AustCham member achievements and announcements
  • Thursday, February 15, 2018 11:18 | Anonymous member (Administrator)



    Solid Start for 2018 Luxury Condo Sales


    There has been a strong start to Bangkok Central Business District (CBD) condominium sales at the beginning of year, according to CBRE, an international property consultancy firm.

    Developers are buying prime sites and planning new projects.  Buyers encouraged by the improving economy are increasingly confident.

    CBRE Thailand has seen evidence of this growth trend on its sole agency projects.  For example, COOPER SIAM sold out in one day, The Reserve Sukhumvit 61 was 85% sold.  CBRE expects that MUNIQ Langsuan, which will be launched this coming weekend, will receive a similar response based on strong interest from presales registrations from potential purchasers.

    In 2017, CBRE sold THB 17.7 billion of Thai residential properties, which was a 12% growth from 2016.  “We believe marketing efforts both domestically and internationally have driven interest in high quality, luxury projects in Bangkok, where the price of real estate is still affordable when compared to other major hub cities such as Hong Kong or Singapore,” said Ms. Aliwassa Pathnadabutr, Managing Director of CBRE Thailand. 

    CBRE forecasts that there will be growth in both Thai and foreign purchasers interested in prime Bangkok residential property.  While many wealthy Thais own a larger home in the suburb areas of Bangkok, many still want to have a residence in the city centre because this is where they work, live and play.

    A second reason is that they are also purchasing a condominium in the city to use as a second home for their children who are attending school or university, or working in the city. Both Thai and foreign buyers choose luxury condominiums in prime locations in Bangkok as investment properties because historical data shows solid price appreciation over time.

    There is a recognition that land prices and consequently new condominium development prices are going to continue rising due to a greater scarcity of potential prime development sites.

    Buyers are taking the decision to buy now rather than wait.


    Follow CBRE on

    Facebook: CBRE.Thailand

    Twitter: @CBREThailand

    LinkedIn: CBRE Thailand

    Instagram: CBRE Residential Thailand



    • Monday, February 12, 2018 16:18 | Anonymous member (Administrator)




      New Executive Chef at Banyan Tree Bangkok




      Banyan Tree Hotels & Resorts is delighted to announce the appointment of Mr. Heshan Peiris as the new Executive Chef for Banyan Tree Bangkok’s 11 restaurants.

      Chef Peiris was raised by culinary expert parents in Melbourne, Australia. His culinary career started when he was an apprentice at Melbourne Racing Club whilst pursuing a degree in culinary arts at William Angliss Institute. Over the last 16 years he has lived and worked internationally with Hilton hotels in Melbourne, Sydney and Seychelles. Prior to joining Banyan Tree Bangkok, Chef Peiris worked in Laguna Lang Co in Vietnam.

      “Culinary is an art form: it involves talent, passion, creativity and never-ending desire to explore and innovate. I'm excited to be working with the talented team of Banyan Tree Bangkok, learning from them and in my turn sharing my knowledge to create a fresh new and exciting dining experience for our guests.”

      Travelling around the world and experiencing different cooking styles, Chef Peiris focuses on bringing joy to his guests through food. He believes in bringing traditional food to new dimensions, modernizing the presentation while valuing original ingredients and keeping is the essence of each dish. His favourite cuisines are French, Vietnamese and Thai.

      With a range of gourmet restaurants, offering everything from Thai street food, international and Asian gourmet experiences to Bangkok’s iconic roof top bar and restaurant, guests will be able to find a suitable dining venue for every occasion. Explore all 11 dining experiences at Banyan Tree Bangkok here.


    • Thursday, October 12, 2017 09:53 | Anonymous member (Administrator)




      CBRE NAMED TOP GLOBAL REAL ESTATE ADVISOR BY EUROMONEY

      FOR SIXTH CONSECUTIVE YEAR

      CBRE Thailand Named Top Agency/Lettings


      Bangkok, 9 October, 2017 – CBRE has been named the top global real estate advisory firm in the annual Euromoney Real Estate Awards for the sixth consecutive year. Globally, CBRE was also ranked highest overall for Sales/Leasing and Valuation services.

      In addition to the global awards, CBRE was named as the leading real estate advisory firm in Western Europe, North America, Asia, Australia, New Zealand, Latin America and Africa, and earned awards in 27 individual countries – up from 21 countries in 2016.

      In Asia Pacific, CBRE was recognized as the leading real estate advisor in the region, winning three regional awards and 18 country awards in the North Asia, Southeast Asia and Pacific geographies.

      “We are honored by this ongoing recognition from our clients and industry peers,” said Bob Sulentic, President & Chief Executive Officer, CBRE. “It is the direct result of our talented professionals—supported by our strong operating platform—who are working together every day to create great outcomes for our clients.”

      “These awards are a testament to our world-class professionals across the Asia Pacific region.  Each day our people are empowered and expected to be better. This enables us to continually deliver distinct advantage to our clients and results in this ongoing recognition for our company and our people,” said Steve Swerdlow, Chief Executive Officer, CBRE Asia Pacific.

      Euromoney, a leading international finance publication, annually surveys the opinions of real estate advisors, developers, investment managers, corporate end-users and banks worldwide to determine the best providers of real estate services. Industry professionals from more than 75 countries participated in this year’s survey.

      Full list of Asia Pacific Country Winners (Advisors and Consultants Category)

      Australia

      Overall

      Singapore

      Overall

      Agency/Letting

      Agency/Letting

      Korea

      Overall

      Valuation

      Research

      Research

      Japan

      Overall

      Thailand

      Agency/Letting

      Agency/Letting

      Vietnam

      Overall

      Research

      Agency/Letting

      New Zealand

      Overall

      Valuation

      Research

      For more information on the 2017 Euromoney Real Estate Awards, please go to www.euromoney.com.   


    • Thursday, September 28, 2017 10:51 | Anonymous member (Administrator)



      CBRE URBAN PHOTOGRAPHER OF THE YEAR 2018 COMPETITION

      OPENS FOR ENTRIES

       ‘Cities of Connections’ is Theme for 11th Annual Urban Photography Competition


      Bangkok, September 25, 2017 – CBRE has launched its 2018 global Urban Photographer of the Year competition with the theme, “Cities of Connections: People, Places, Perspectives.” Now in its 11th year, the competition continues to grow, with last year’s contest attracting more than 29,000 entries from 111 countries around the world.

      This year’s theme invites photographers to submit photos that capture moments of connectivity across the daily cycle of city life.

      The competition is free to enter and open to both professional and amateur photographers. A unique element to the competition allows each entrant to submit up to 24 images; one to represent each hour of the day. The overall global winner will be awarded a special photography trip to a destination of their choice for themselves and a friend. Other prizes include GoPro packages, photography drones and more. CBRE is accepting entries until November 30, 2017 and the winners will be announced in March 2018.

      Martin Samworth, Chief Executive Officer, CBRE Europe, Middle East, and Africa (EMEA), and the competition’s executive sponsor said, “every year, the competition gives us unique insights into our ever-changing urban environments. We are pleased to once again celebrate the spirit of city life and human interaction around the world through this year’s theme.”

      Paul Suchman, CBRE’s Global Chief Marketing Officer, says, “we are a company deeply connected with the urban environment, and the Urban Photographer of the Year competition allows us to demonstrate our knowledge and passion for city life. As evidenced by the record number of entries we received last year, this unique competition continues to capture the interest and imagination of photographers around the world.”

      Moin Ahmed, from Bangladesh, was named as the overall 2017 competition winner with his image, “The Man’s Stare” – a compelling image that captures the entrancing visage of a train rider during a rainy day in Dhaka, Bangladesh.

      Plan International, CBRE’s EMEA charity partner, will be involved in the competition for the fourth year. The competition’s youth categories will be judged by Plan International’s Youth Advisory Panel and Anne-Birgitte Albrectsen, Plan International CEO, will also join the expert panel of judges to determine the overall winner. CBRE will make a donation to Plan International for the first 10,000 entries received in this year’s competition, supporting the global NGO’s work in advancing children’s rights and equality for girls.

      About the CBRE Urban Photographer of the Year competition

      Website: www.cbreupoty.com

      Facebook: CBRE Urban Photographer of the Year

      Twitter: @UPOTY


    • Friday, September 22, 2017 08:28 | Anonymous member (Administrator)




      Marriott Executive Apartments Sukhumvit Park Bangkok Receives the Prestigious 2017 Thailand Labour Management Excellence Award


      Bangkok, Thailand – Marriott Executive Apartments Sukhumvit Park has received the top honors for ‘Effective Labour Relations and Labour Welfare Management Award’ at the 2017 Thailand Labour Management Excellence Award ceremony among leading organizations in the country, underlining the company’s core values in ‘Putting People First’.

      Recently, the company’s Employee Welfare Committee attended the award ceremony at Grand Diamond Ballroom, Impact Arena Exhibition & Convention Center.

      Each year, the shortlisted organizations are carefully evaluated and awarded by the Department of Labor Protection and Welfare. The evaluation criteria of this award is based on the effectiveness of the company’s labor relation and labor welfare management throughout the employment processes.    

      Besides the 2017 Thailand Labour Management Excellence Award, Marriott Executive Apartments Sukhumvit Park has also received a high score of 99% on the Aon Hewitt’s employee engagement survey this year. All of the above indicators greatly reflect the effectiveness of the company’s employee management system.

      Effective labor management is the backbone of all businesses. It helps improving quality of life and morale within the organization, as well as building a strong foundation for the company and for the economy at the national level. 

      About Marriott Executive Apartments

      Marriott Executive Apartments Sukhumvit Park Bangkok is centrally located in the heart of Bangkok’s business and shopping district. The hotel offers 300 fully equipped luxurious suites boasting gourmet kitchens and a wide variety of well-designed facilities on-site including six meeting rooms, Bistro M - the award-winning restaurant, a 25-meter outdoor saltwater pool, spa, tennis court, badminton court, squash court, indoor and outdoor golf centers with the world’s most advanced golf-simulator technology as well as a complimentary shuttle service to the nearby BTS Sky-train station.


    • Friday, September 22, 2017 08:27 | Anonymous member (Administrator)




      IHG Opens Thailand’s First Holiday Inn & Suites Hotel in Rayong  


      Holiday Inn & Suites Rayong City Centre is the city’s first international-branded hotel providing mid-scale short and long-stay accommodation in the Eastern province 

      Bangkok, Thailand, September 2017: InterContinental Hotels Group (IHG®) has debuted the group’s first hotel in Rayong, Thailand, celebrating the opening of a 288-room Holiday Inn® hotel in the heart of the city – Holiday Inn & Suites Rayong City Centre.

      Situated along Sukhumvit Road, the stylish hotel is just over 30 minutes from U-Tapao Rayong Pattaya International Airport and easily accessible via major roads for a smooth transit to the city centre.  Strategically located close to some of Thailand’s major industrial parks and seaports, it offers 64 longer-stay suites in addition to its 224 well-appointed guest rooms. Holiday Inn & Suites Rayong City Centre caters to business travellers working at or near industrial areas such as the Eastern Seaboard Industrial Park or Map Ta Phut Industrial Park. Nestled in the heart of Rayong – the gateway to island destination Koh Samet, leisure guests will also enjoy the hotel’s convenient proximity to the province’s national parks, premium seafood, branded shops and stunning beaches.

      Commenting on the opening, Leanne Harwood, Vice President of Operations, South East Asia and Korea, IHG, said, “Rayong is one of Thailand’s fastest growing provinces and a booming industrial hub. In the last few years, we have seen a growing demand for internationally branded mid-scale accommodation from travellers, who want a comfortable stay close to the industrial areas and ports. The launch of a Holiday Inn branded hotel right in the city centre enables us to cater to these travellers who want to stay with an international hotel brand that they know and trust, with quality accommodation that is comfortable and consistent.” 


    • Friday, September 22, 2017 08:25 | Anonymous member (Administrator)




      Bangkok, September 2017 - Banyan Tree Hotels & Resorts welcomes Mr. Alexander Sheppard as its new Hotel Manager for Banyan Tree Bangkok.

      Originally from New Zealand, Mr. Sheppard studied French literature and Management at Victoria University. With the support of his British wife and two boys, he has lived and worked for International hotel brands including Hyatt and Dusit Thani Hotels in Egypt, Indonesia, Australia and the United States over the last twenty years. Mr. Sheppard brings with him luxury hotel and hospitality experience with numerous achievements in opening food and beverage projects and concepts including restaurants, bars, multi-purpose function spaces and private member clubs around the globe. His latest assignment prior to joining the Banyan Tree Group was with Dusit Thani Lakeview Cairo, Egypt where he was Executive Assistant Manager.

      Mr. Sheppard believes that the key to success in hospitality is ‘the people’ where teamwork and collaboration are significant factors that drive a successful property. With an aligned core value, Banyan Tree is confident that Mr. Sheppard will drive Banyan Tree Bangkok forward and to even greater heights.

      Mr. Sheppard looks forward to getting to know the Thai culture and dining scene better as well as playing some golf in his leisure time.


    • Friday, September 22, 2017 08:20 | Anonymous member (Administrator)




      Four Points by Sheraton Bangkok, Sukhumvit 15 recently appointed Carl Volschenk as its General Manager effective on September 21, 2017.

      Carl began his journey with hospitality business in 2000 as a Sales Executive at Le Meridien Dubai and has over the past 17 years moved from strength to strength in a variety of Sales & Marketing and Operations roles. Some of his assignments included the opening of the Four Points by Sheraton Complex in Dubai, the renovation of the Sheraton Oman as well as the remodeling of the Plaza Athenee Bangkok, A Royal Meridien. With his keen interest in Operations, he most recently took up the role of Hotel Manager at Le Meridien Bangkok.

      Carl holds a Bachelor of Commerce and an Honours Degree in Marketing from the University of Pretoria, South Africa. He is interested in Rugby, fly-fishing and travelling.

      MEDIA CONTACT

      Four Points by Sheraton Bangkok, Sukhumvit 15

      Darika Wechsawarn

      Tel: +66 2 309 3124    Email: darika.wechsawarn@fourpoints.com


    • Tuesday, August 29, 2017 14:08 | Anonymous member (Administrator)



      ASCOTT’S PROPERTIES IN BANGKOK ARE WINNING GLOBAL TRAVELERS’ HEARTS

      Guaranteed by The 2017 TripAdvisor Certificate of Excellence Award 


      The Ascott Limited (Ascott) is delighted to announce that five of Ascott’s properties in Bangkok have been recognised with the prestigious 2017 TripAdvisor Certificate of Excellence, based on the consistently great reviews on TripAdvisor over the past year.

      The Certificate of Excellence honors hospitality businesses who have consistently achieved glowing traveler reviews on TripAdvisor – the world’s leading online travel website. The five awarded properties in Bangkok are including the Ascott Sathorn, Somerset Lake Point, Somerset Sukhumvit Thonglor, Citadines Sukhumvit 16 and Citadines Sukhumvit 23.

      Ascott’s properties are consistently ranked amongst the top serviced residences in Bangkok and have been the honored recipients of a number of industry awards including the Bangkok’s Best Serviced Residence 2017 by Exotiq Thailand, the Best Serviced Residence and Best Serviced Residence Brand 2015 and 2016 by Business Traveller Asia Pacific Awards, Asia’s Leading Serviced Apartment Brand by World Travel Awards 2016 and 2017, Thailand’s Leading Serviced Apartment by World Travel Awards 2015 and 2016 as well as the TripAdvisors’ Certificate of Excellence Awards 2015, 2016 and 2017. 

      For more information on Ascott’s properties, please visit www.the-ascott.com     


    • Thursday, July 27, 2017 17:00 | Anonymous member (Administrator)




      THE ST. REGIS BANGKOK WON THE 'BEST BUSINESS HOTELS' IN THAILAND BY SMART TRAVEL ASIA


      Bangkok, Thailand, 19 July 2017 – The St. Regis Bangkok is delighted to announce that it has won yet another award as chosen by impartial travellers. The hotel was cited for excellence as 'Best Business Hotels' in Travel Poll 2017, ranked the fourth in Asia and the best in Thailand, voted by the world readers of SmartTravelAsia.com, an online frequent traveller magazine with over a million readership. On hand to receive the award from Mr Vijay Verghese, Editor & Director (2nd from left) and Ms. Pinutda Tanaboonroeng from Smart Travel Asia (Far left), is Mr. Cameron Cundle, Hotel Manager (middle), The St. Regis Bangkok, together with Ms Supansa Bourke, Director of Sales (2nd from right), and Ms Suchana Sasivongbhakdi, Director of Marketing Communications (far right).  


    Australian-Thai Chamber of Commerce

    20 Floor, Unit 203, Thai CC Tower
    43 South Sathorn Road   ·   Bangkok Thailand 10120

    Tel: +66 2 210 0216   ·   Fax: +66 2 675 6696   ·   office@austchamthailand.com

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