Have a stake in a Phuket hotel

STUNNING: Another venture by Nikki Beach Worldwide is Nikki Beach Phuket. The beach club and restaurant opened just last month. PHOTOS: CASTLEWOOD GROUP
Have a stake in a Phuket hotel

INVITING: The five-star Nikki Beach Hotel & Spa Phuket will boast a sun deck adorned with sunbeds and ambient lighting.


    Feb 28, 2014

    Have a stake in a Phuket hotel


    A stone's throw from Bangtao Beach, situated just outside the exclusive Laguna area


    Castlewood Group

    Number of units:

    151 hotel rooms, 23 suites reserved for stakeholders' use

    Indicative price:

    Invest S$35,000 or more


    End of this year

    GLOBAL luxury lifestyle and hospitality brand Nikki Beach Worldwide has made its mark in Thailand again, this time in Phuket.

    In collaboration with real-estate developer Castlewood Group, it will open at the end of this year the Nikki Beach Hotel & Spa Phuket, located just a few minutes' drive from Bangtao Beach, where guests can wiggle their toes in pristine white sand while basking in tranquillity.

    The hotel is also just a 30-minute drive from the Phuket International Airport.

    The brand's previous ventures into the Land of Smiles include Nikki Beach Phuket, opened last month, which houses a beach club and restaurant.

    With 174 rooms - comprising suites, villas and penthouse sky villas - the latest five-star Phuket hotel completes its luxurious interior with a rooftop infinity-edged swimming pool, fully equipped spa with sauna and steam rooms, and an outdoor yoga area.

    Investors can opt for either fixed returns of 5 per cent or variable returns, both to be paid annually till 2020.

    The latter will provide returns of up to 18 per cent, based on the average hotel occupancy and the average nightly hotel charge.

    A short-term exit option, exercisable in 2016, has also been extended to investors.

    The hotel, developed by Castlewood Group, is being built with the environment in mind as well: energy-saving LED bulbs will be used for the lighting, and green roofs for climate management.