In the hospitality industry, the 163-key Best Western Plus Speech Pattaya Hotel is slated to open in Q4 2019; while Cape Fahn Private Islands Hotel, Koh Samui is going to welcome its first guests in August 2018. This Cape Fahn resort is set on its own small island with 12 independent pool villas tucked into green gardens and beside pristine beaches.

Koh Samui

In the real estate industry, the Treasury Department will conduct land auctions in eight provinces to develop 2,750 affordable housing units which target 11.4 million recipients of the government's welfare program. Accordingly, property developers will be offered the five-year pre-financing worth US $120.5 million and reduced loan rates for mortgages. The low-cost homes will be leased to those earning up to US $1,000 a month under the 30-year contracts which can be renewed for another 30 years.