Banyan Group Unveils Eco-Friendly Laguna Lakeside Residences

Banyan Group Unveils Eco-Friendly Laguna Lakeside Residences

By Nishang Narayan

Published on August 4, 2024

Banyan Group is excited to announce the launch of the new eco-friendly Laguna Lakeside Residences, located in the renowned Laguna Phuket integrated resort community at Bang Tao Beach on Phuket’s sought-after Central West Coast. These new low-rise residences present a rare opportunity to join this iconic 1000-acre resort community.

Positioned next to the first block of Laguna Lakeside Residences, which sold out and was completed in June, these new homes are ideally located at the entrance of Laguna Phuket. They overlook a serene lagoon and are within walking distance of the vibrant Boat Avenue entertainment district.

Set amidst lush landscaped gardens, the one, two, and three-bedroom residences feature stunning rooftop infinity pools. These homes offer a sleek contemporary design, providing an affordable yet luxurious way to enjoy the exclusive Laguna Phuket lifestyle while staying connected to nature.

“Laguna Lakeside Residences are crafted with the same precision and attention to detail as other Banyan Group properties,” said Banyan Group founder Mr. Ho Kwon Ping. “It’s akin to purchasing a luxury car from a brand like BMW or Mercedes; even the smaller models uphold the same high standards of quality and craftsmanship.”

Designed for those who desire a close connection to nature without sacrificing modern amenities, Laguna Lakeside Residences offer a tranquil environment with manicured gardens and a multi-purpose lawn with a boardwalk shaded by tall trees.

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The launch coincides with a booming real estate market in Phuket, driven by a growing demand for second homes or relocation options from families worldwide. “There’s a significant demand for new homes in Phuket, influenced by trends such as urban flight, geopolitical issues, and the island’s appeal with its world-class schools and hospitals,” explained Banyan Group founder and Executive Chairman KP Ho.

He also highlighted that high-quality properties in Phuket remain more affordable compared to markets like Hong Kong, Singapore, and Europe. Phuket’s strategic location, within a six-hour flight of over 40% of the world’s population, its favorable climate, and the presence of international schools and hospitals contribute to its attractiveness.

The new Laguna Lakeside Residences include one to three-bedroom condominiums spread across four low-rise blocks, each featuring an expansive rooftop infinity pool. Prices start from THB 9 million, with the developer offering financing options with staged payments over several years, a unique offering in Thailand.

Laguna Lakeside Residences are part of Asia’s most iconic integrated resort, Laguna Phuket, which includes award-winning spas and Laguna Golf Phuket, named “Thailand’s Best Golf Course” by the World Golf Awards. Located just 30 minutes from Phuket International Airport, the residences offer a complete lifestyle with world-class dining, spas, golf, education programs, and social events.

Residents will also gain access to exclusive privileges, discounts, and rewards through The Sanctuary Club, Banyan Group’s signature property owners’ program, which connects them to a global network of exceptional properties.

Phuket is celebrated for its tropical lifestyle, comfortable climate, affordable living, top-tier private healthcare, international schools, shopping malls, and the welcoming Thai hospitality in the ‘Land of Smiles.’

Laguna Resorts & Hotels, listed on the stock exchanges of Thailand and Singapore, is allied with Banyan Tree Holdings, enhancing the credibility and allure of this new development.


FIFA 2026 Highlights: Brazil Beats Haiti by 3 Goals as Hospitality Sector Awaits Travel Surge

FIFA 2026 Highlights: Brazil Beats Haiti by 3 Goals as Hospitality Sector Awaits Travel Surge

By Manu Vardhan Kannan

Published on June 21, 2026

The FIFA 2026 group stage continued to deliver exciting action, with Brazil registering a convincing 3-goal victory over Haiti in their Group C encounter. The win further strengthens Brazil's position as the tournament progresses through its early stages.

In other group matches, Paraguay secured a narrow one-goal win over Turkiye in Group D, while Morocco also recorded a 1-goal victory against Scotland, adding more competition and excitement to the race for qualification.

Away from the football field, the hospitality industry across several host cities is closely tracking visitor demand during the tournament. According to data from real estate analytics company CoStar, hotel bookings on match days in some host cities, including New York, Toronto, and Miami, have remained lower than levels recorded during the same period last year.

FIFA had projected that international travellers would account for around 40 per cent of World Cup visitors. However, aviation data firm Cirium reported that flight bookings made before June from the European Union to several host cities during June and July declined compared to last year. Bookings to Kennedy Airport in New York were down by more than 15 per cent year-on-year, while bookings to San Francisco International Airport fell by nearly 10 per cent.

Many hotels had increased room rates significantly in anticipation of strong World Cup demand, with some properties pricing rooms up to 500 per cent above average levels. However, rates have gradually softened across several host destinations. According to Lighthouse Intelligence, Vancouver and Monterrey recorded some of the largest price adjustments, with room rates returning closer to last year's levels except for spikes of around $100 to $200 on match days.

Despite softer-than-expected booking trends, certain cities have experienced strong occupancy during major fixtures. When Argentina and Algeria played the first match in Vancouver on June 16, metro hotels were either sold out or operating at occupancy levels of 80 to 85 per cent, according to Andrea O'Hara, Executive Director of the Hotel & Lodging Association of Greater Kansas City.

Industry observers point to several factors affecting travel demand, including rising travel costs, reduced business travel, the location of some matches, and ongoing challenges related to international travel. Nevertheless, hospitality leaders remain optimistic about the weeks ahead.

Rosanna Maietta, Chief Executive of the A.H.L.A., said hotels are hopeful of a late booking surge as fans finalise travel plans for the knockout rounds and later-stage matches. Industry experts also noted that many travellers are booking closer to their travel dates and opting for shorter stays than initially expected.

With several high-profile matches still to come, the hospitality sector remains hopeful that visitor numbers will strengthen as FIFA 2026 moves into its decisive stages.


FIFA 2026 Highlights: Canada Thrashes Qatar, Switzerland Secures Big Win as World Cup Demand Boosts Retail Sector

FIFA 2026 Highlights: Canada Thrashes Qatar, Switzerland Secures Big Win as World Cup Demand Boosts Retail Sector

By Manu Vardhan Kannan

Published on June 20, 2026

The FIFA World Cup 2026 continued to deliver exciting action as Canada registered an emphatic six-goal victory over Qatar in Group B, strengthening its position in the tournament. In another Group B fixture, Switzerland secured a comfortable four-goal win against Bosnia and Herzegovina, showcasing a strong all-round performance.

Meanwhile, in Group A, Mexico held a one-goal advantage over South Korea as the match progressed, keeping fans on the edge of their seats in a closely contested encounter.

Beyond the action on the pitch, the tournament is also creating a significant impact on travel and retail sectors across North America. According to AirDNA, booking activity has surged in several host markets following the announcement of match schedules and team allocations.

The company had projected that reservations could double or even triple once fans began planning trips around specific teams and fixtures rather than the tournament itself. That trend has now become visible across multiple host cities.

Miami witnessed a 244 percent increase in short-term rental demand surrounding the announced Brazil-Scotland fixture, while Kansas City recorded a 377 percent year-on-year rise after its group-stage matches were confirmed. These figures suggest that travel demand is being driven largely by the teams and matchups assigned to individual cities rather than host-city status alone.

With 48 national teams participating in the tournament, host cities are expected to welcome supporters from around the world. This is expected to generate increased demand across sectors such as apparel, sporting goods, team merchandise, food and beverage, convenience retail, and experiential retail concepts.

Industry observers also expect spending to be concentrated around entertainment districts, mixed-use developments, and pedestrian-friendly retail zones where fans gather before and after matches. These areas are likely to benefit from increased visitor traffic as supporters come together to watch games, celebrate results, and enjoy the World Cup atmosphere.

As FIFA World Cup 2026 progresses, its influence is extending beyond football, creating new opportunities for travel, hospitality, and retail businesses across host destinations. The tournament continues to demonstrate its position not only as a global sporting event but also as a major consumer and tourism driver.


FIFA World Cup 2026 Sees Big Wins on the Pitch as U.S. Travel Surge Remains Gradual

FIFA World Cup 2026 Sees Big Wins on the Pitch as U.S. Travel Surge Remains Gradual

By Manu Vardhan Kannan

Published on June 19, 2026

The FIFA World Cup 2026 continued to deliver excitement on the field, with England, Ghana, and Colombia recording important victories in their respective group-stage matches. At the same time, hospitality and tourism stakeholders across the United States are closely watching travel trends as the world's biggest football tournament unfolds across North America.

In Group L, England produced a dominant performance against Croatia, securing a convincing 4-0 victory. The result strengthens England's position in the group and highlights the team's strong start to its World Cup campaign.

Group K witnessed a closely contested encounter between Ghana and Panama, with Ghana edging past its opponents by a single goal to claim a valuable win and boost its chances of progressing to the next stage.

Meanwhile, Colombia delivered an impressive display against Uzbekistan, registering a 3-1 victory. The South American side showcased attacking efficiency throughout the match to secure all three points.

Beyond the action on the pitch, attention has also turned to the tournament's economic and tourism impact across the United States. As the largest FIFA World Cup in history gets underway, industry experts believe the expected travel boom is developing at a slower pace than initially anticipated.

While FIFA has projected that the tournament could contribute up to $17.2 billion to the U.S. economy, tourism and hospitality businesses are seeing mixed results so far. Travel demand appears to be varying significantly between host cities, depending on the teams playing, match schedules, and fan interest levels.

According to travel industry observations, many international supporters are still finalising their travel plans, leading to a gradual increase in bookings rather than an immediate surge. Cities hosting later-stage knockout matches are expected to benefit more as the tournament progresses and fan interest intensifies.

The New York-New Jersey region, which will host several matches including the final, is projected to receive more than 1.2 million visitors and generate an estimated $3.3 billion in economic impact. Other major host destinations such as Dallas, Los Angeles, Atlanta, Miami, Houston, Boston, Seattle, Philadelphia, Kansas City, and the San Francisco Bay Area are also expected to experience increased visitor activity throughout the competition.

However, the American Hotel and Lodging Association recently noted that several host cities have reported softer-than-expected demand, citing factors such as rising travel costs and travel-related barriers. Industry observers believe the true impact on hotels, restaurants, transportation services, and local businesses may become clearer as the tournament advances into its knockout rounds.

For the hospitality sector, FIFA World Cup 2026 remains a major opportunity, but the anticipated economic gains are likely to be distributed unevenly across destinations, depending on match schedules, visitor preferences, and overall travel patterns.

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