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Saturday, May 4, 2024

Banyan Tree Founder developing USD2 billion international commmunity in Bangtao Phuket’s emerging Thonglor Lifestyle District

Photo courtesy of Laguna Lakelands

The resort island of Phuket which once was highly tourism dependent, has quickly evolved into a global hotspot as an international community for a rising tide of global citizens. Taking flight is a migration megatrend that is being driven not only by geopolitical events worldwide but a series of other emerging segments. Those highlighted in C9 Hotelworks latest research include urban flight, an increasingly mobile work-from-anywhere class of business owners, executives, and digital nomads, and a greying population that is retiring early and moving across borders.

To take a closer look at what is happening on the ground, there is no better example than KP Ho’s pioneering destination-integrated resort (IR) Laguna Phuket. Developed in stages over more than three decades, the composition and DNA of the mixed-use project was highly premised on an…

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