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By Nithyakala Neelakandan
Published on July 19, 2024
The demand for luxury branded residences in Phuket is soaring, and Meliá Phuket Karon Residences is at the forefront of this real estate boom. With Phuket being a top destination for travelers—8.4 million visited last year—the island is now attracting affluent investors seeking new lifestyles in this tropical paradise.
According to a recent C9 Hotelworks report, the value of new branded residences in Phuket has reached an all-time high of THB 80 billion (approximately USD 2.3 billion). Among the standout projects is Meliá Phuket Karon Residences, developed by Mishari Group Ltd in partnership with Meliá Hotels International. This project, valued at THB 4.5 billion, features 68 luxury residences that share five-star facilities with the neighboring Meliá Phuket Karon Hotel.
Nestled on 6.4 hectares of lush jungle overlooking Karon Beach, Meliá Phuket Karon Residences blends eco-sensitive luxury with modern lifestyle trends. The project includes a protected nature reserve covering 50% of the area. This low-density, sustainable design appeals to a new generation of eco-conscious professionals, especially those embracing the "work-from-anywhere" movement.
Since the pandemic, Phuket's branded residences market has seen significant growth. From 2021 to 2023, 2,102 new units were added, marking a 179% increase compared to the previous three years.
Meliá Phuket Karon Residences offers a strategic mix of high-end accommodations. The development includes 52 one- and two-bedroom Ocean View Residences, ranging from 56 to 88.5 square meters, and 16 three- and four-bedroom Ocean View Pool Villas, ranging from 320 to 490 square meters, each with a 9.5-meter outdoor infinity pool.
Condominiums make up 59% of Phuket's market, with an average price of THB 11.7 million. Despite villas only representing 6% of the supply, they account for 41% of the total market value, with a median price of THB 120 million. Meliá Phuket Karon Residences caters to both premium and ultra-premium investors by offering options in these key segments.
Owners at Meliá Phuket Karon Residences enjoy a range of five-star services managed by Meliá Hotels International. These include an 800-square meter forest spa, bars and restaurants, a beach club, and a nature park. The residences are just five minutes from Karon Beach, accessible via a dedicated shuttle service. Additionally, residents have access to a 70-foot, four-bed Sunseeker boat.
The strong demand for branded residences in Phuket has led to high international interest in Meliá Phuket Karon Residences. As of May 2024, 60% of the condos and pool villas have been pre-sold. A Meliá-managed rental pool will also be available for owners. The development is progressing well, with all units expected to be completed by March 2025.
Prices at Meliá Phuket Karon Residences start from THB 8.5 million. For more information, visit meliaphuketkaronresidences.com.
About Meliá Phuket Karon Residences
Located on Phuket’s west coast, Meliá Phuket Karon Residences offers 68 luxury sea-view villas and condominiums. Sharing a 16-acre site with the 138-key Meliá Phuket Karon Hotel, the residences provide full property management and hotel services by Meliá Hotels International. Facilities include swimming pools, a luxurious forest spa, elegant bars and restaurants, a beach club, and a nature park, all set in a tranquil forested hillside with panoramic sea views.
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By Manu Vardhan Kannan
Published on June 17, 2026
The recently announced ceasefire between the United States and Iran has brought a sense of relief to the global travel industry, with hospitality and aviation stakeholders closely watching its potential impact. While the long-term outcome will depend on the durability of the agreement, the development is already being viewed as a positive step towards restoring stability in key travel and trade corridors.
One of the biggest benefits for the aviation sector is the improved access to air routes connected to the Strait of Hormuz and surrounding regions. During periods of conflict, airlines were forced to adjust flight paths, resulting in longer travel times, higher fuel consumption, and increased operating costs. A stable environment could help carriers gradually restore efficient routes, improve connectivity between Europe and Asia, and reduce some operational pressures.
The ceasefire is also expected to improve market confidence. Airline stocks and travel-related companies often respond positively to signs of geopolitical stability, giving businesses greater confidence to invest, expand schedules, and strengthen operations. Airlines may also find it easier to restore frequencies and bring back suspended services as travel demand improves.
Fuel remains one of the largest expenses for airlines, and the easing of tensions could support more predictable oil and jet fuel supplies over time. While experts caution that fuel prices may not return to pre-conflict levels immediately, a stable supply environment could help reduce price volatility and improve cost planning for carriers worldwide.
The hospitality industry is also likely to benefit from the improved outlook. Travel confidence typically rises when major geopolitical tensions ease, encouraging tourists to resume travel plans and businesses to restart corporate travel. Destinations across the Middle East, as well as markets that depend heavily on international visitors, could see a gradual increase in bookings and visitor arrivals.
Hotels and tourism operators may also gain greater flexibility in planning promotional campaigns, reopening seasonal services, and strengthening staffing levels. As travellers feel more comfortable making advance bookings, hospitality businesses can begin rebuilding momentum that may have slowed during periods of uncertainty.
Another positive outcome could be felt across tourism-dependent economies, particularly in Asia. Improved shipping and air connectivity, combined with reduced pressure on fuel and logistics costs, can support affordability for travellers and help stimulate inbound tourism demand.
In the short term, the industry may witness encouraging signs such as stronger forward bookings, improved investor sentiment, and cautious expansion of airline schedules. However, experts note that a full recovery will take time. Consumer confidence, corporate travel budgets, and international tourism flows typically recover gradually, especially after periods of geopolitical uncertainty.
Challenges also remain. Any temporary or conditional ceasefire may limit the scale of recovery if tensions resurface. In addition, infrastructure disruptions and supply chain pressures could continue to affect fuel availability and operating costs for some time.
Despite these uncertainties, the ceasefire is widely viewed as a positive development for global hospitality and aviation. If stability is maintained, it could create favourable conditions for stronger travel demand, improved airline operations, and renewed growth opportunities across the tourism ecosystem in the months ahead.
Published on June 16, 2026
The FIFA World Cup 2026 continued to deliver exciting action on the field while generating growing optimism across the hospitality and tourism sectors in Canada and North America.
One of the most entertaining matches of the day saw Iran and New Zealand play out a thrilling 2-2 draw in Los Angeles. New Zealand twice took the lead through Elijah Just, with Chris Wood providing assists for both goals. However, Iran responded on each occasion through Mohammad Mohebbi and Rezaeian Ramin to earn a share of the points in a fast-paced encounter.
Elsewhere, Group H saw Spain and Cape Verde battle to a goalless draw at Atlanta Stadium. In Group G, Belgium and Egypt finished level at 1-1 in Seattle, while Saudi Arabia and Uruguay also shared the points in a 1-1 draw at Miami Stadium.
While football remains the centre of attention, the tournament's influence is extending far beyond the stadiums. Canada's hospitality industry is increasingly viewing FIFA World Cup 2026 as a long-term tourism opportunity that could strengthen the country's global profile and attract future visitors well beyond the tournament period.
Industry leaders believe that while higher airfares, accommodation rates, and travel costs may influence some fans' plans to travel between multiple host cities, the overall tourism outlook remains highly positive. Hotel demand in Toronto continues to be supported by major events including Blue Jays games, concerts, and Pride celebrations alongside FIFA-related travel.
To support the expected visitor influx, public transportation networks have been expanded significantly, with additional buses and train services improving connectivity across the region. Visitors are also being encouraged to consider accommodation options beyond Toronto's downtown area, including destinations such as Mississauga, Vaughan, and Markham, all of which offer convenient transit access to the city centre.
Hospitality stakeholders believe the tournament's most significant economic impact may come after the final whistle. Increased global exposure is expected to encourage future leisure travel, international conventions, business events, and repeat visits, helping Canada strengthen its position as a leading tourism destination.
The scale of FIFA World Cup 2026 is projected to create substantial growth across hotels, airlines, restaurants, attractions, and local businesses. Millions of football fans from Europe, South America, Asia, Oceania, and other regions are expected to travel across North America, contributing to tourism spending and cultural exchange.
Industry analysts suggest that the tournament could become one of the most influential tourism events in recent history, helping transform North America into a major global travel hub. Canada, in particular, is expected to benefit from increased international visibility, stronger visitor demand, and long-term tourism growth opportunities.
As the tournament progresses, hospitality leaders remain optimistic that FIFA World Cup 2026 will not only deliver memorable sporting moments but also leave behind a lasting tourism and economic legacy across Canada and the wider North American region.
By Hariharan U
Emirates has announced that it will broadcast every match of the FIFA World Cup 26™ live onboard its flights through its dedicated live sports channel, Sport 24, available on the airline’s ice entertainment system.
From the opening ceremony in Mexico on June 12, 2026, to the final match in the United States on July 19, 2026, passengers will be able to follow the entire tournament in real time while flying. The initiative ensures that travellers do not miss any key moment of one of the world’s most widely watched sporting events, even at 40,000 feet.
The live coverage will be available via Sport 24 and Sport 24 Extra, part of the airline’s onboard entertainment ecosystem. The service is designed to bring global fans together in the air, allowing passengers from different nations to experience the excitement of the tournament simultaneously while travelling.
To further enhance accessibility, the full match schedule has been featured in the June edition of the ice magazine, enabling passengers to plan their journeys around key fixtures and stay updated throughout the competition. Availability of live TV services may vary depending on aircraft type and route.
Select matches of the FIFA World Cup 26™ will also be screened in Emirates Lounges Dubai, where possible, extending the viewing experience beyond the aircraft.
Alongside football, Emirates’ onboard entertainment platform will also feature additional global sporting events. From June 4 to 20, Sport 24 and Sport 24 Extra will air the NBA Finals. Other scheduled broadcasts include the Canada Sail Grand Prix in Halifax, the Formula 1® Moët & Chandon Belgian Grand Prix on July 19, and the Formula 1® AWS Hungarian Grand Prix on July 26.
Through this expanded live sports offering, Emirates continues to position its in-flight experience as a global entertainment hub, bringing passengers closer to major international sporting moments regardless of their destination.
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