Hyatt Hotels & Resorts has signed an agreement to manage a new luxury resort that is being developed by Proud Resorts Koh Samui Co.
Ltd., a joint venture between real estate and hospitality investment specialists, First Oriental, and the Liptapanlop family. Scheduled to open
in 2009, Park Hyatt Koh Samui will comprise 90 hotel villas and a further 24 residential villas, all set on a spectacular hilltop
location overlooking Thong Krut Bay on Koh Samuis southern shoreline.
Koh Samuis is one of Thailands most popular tourist destinations with an ideal climate and good accessibility, which makes it attractive
for tourism related investment. This project presents an exceptional opportunity for Hyatt to strengthen its brand portfolio in Asia Pacific,
said Willi Martin, Hyatt Area Vice President South East Asia.
Most of the hotel villas on the 20 hectare site are one-bedroom, 140 square metre units. There are also some larger villas with two and three
bedrooms. Each has an outdoor living area, private pool, sun deck, terrace and private gardens. The design will be modern and minimalist,
accented by traditional Thai architectural elements. The resort will feature a variety of international dining outlets; a spa and wellness facility
offering traditional and innovative therapies and treatments. There are dedicated meeting and event services, and extensive family-friendly
leisure facilities. The 24 private residences for sale are 250 square metres for the
two-bedroom villas and 300 square metres for the three-bedroom villas. These are fully fitted to the same standard as the hotel villas and will be managed by Hyatt Hotels and Resorts.
The
Park Hyatt Koh Samui is situated on Thong Krut Bay, along Koh Samuis southern shoreline, less than 15 minutes from Nathon, the local
commercial hub, and 45 minutes from Samui Airport. The hilltop setting of the hotel
will offer guests spectacular views over the Gulf of Thailand and the surrounding coastline, with fishing
villages, coconut farms and palm beaches. A nearby island co-owned by the owners of the resort
will provide berthing for yachts and a private beach where Park Hyatt guests can relax, enjoy a variety of water sports or dine al fresco.
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