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AssetWise

📍 Thailand
2 stories · First covered Mar 22, 2026 · Latest Mar 22
IHG
AssetWise Coverage
IHG's Phuket Bet Looks Great on Paper. The Market's About to Get Crowded.

IHG's Phuket Bet Looks Great on Paper. The Market's About to Get Crowded.

IHG just signed another Hotel Indigo in Phuket with a 2030 opening, and the pipeline numbers tell a story the press release conveniently skips... over 2,000 new rooms hitting that island in the next three years while occupancy is already softening.

IHG's Hotel Indigo Phuket Signing Is Brand Theater Until 2030 Proves Otherwise

IHG's Hotel Indigo Phuket Signing Is Brand Theater Until 2030 Proves Otherwise

IHG signs a 170-key Hotel Indigo in Phuket with a residential developer who's never operated a hotel, and the press release reads like a vacation brochure. Let's talk about what's actually happening here.