At a glance
- Developer Name: Laguna Resorts & Hotels Public Company Limited
- Stock Exchange of Thailand Ticker: LRH
- Headquarters: Bangkok, Thailand
- Parent Group: Banyan Tree Group (strategic alignment)
- Core Business: Hospitality-led development, integrated resorts, property sales (villas, condominiums).
Heritage and ownership
Laguna Resorts & Hotels Public Company Limited is a Thai public company listed on the Stock Exchange of Thailand (SET) under the ticker LRH. While the company's operational origins trace back to 1983 with the acquisition of a former tin mine site in Bangtao Bay, the current public entity was formally incorporated on December 28, 1992.
The company is the master developer behind Laguna Phuket, widely recognized as Asia's first integrated resort complex. Its core business activities encompass hotel operations and property development, including a portfolio of hotels, a golf course, retail shops, and the sale of resort-related residential properties such as villas and condominiums. Its hotel portfolio has included prominent brands like Angsana Laguna Phuket and Banyan Tree Phuket.
LRH is strategically aligned with the broader Banyan Tree group. This connection is evident through its Banyan Tree-branded properties and the significant presence of the Ho family on its board of directors, who are key figures in Banyan Tree Holdings. While it is a standalone Thai public company, it operates as a key part of the Banyan Tree ecosystem. The board includes notable figures such as Mr. Ho Kwon Ping, Mr. Ho Kwon Ching, Mr. Ho Ren Hua, and Mr. Ho Ren Yong, alongside other Thai and international directors. The company's registered head office is in Bangkok, with major operational headquarters located in Phuket.
Phuket portfolio
Laguna Resorts & Hotels is the master developer of the Laguna Phuket integrated resort, which hosts numerous residential projects. The portfolio primarily consists of branded residences, condominiums, townhomes, and villas located within the resort complex in the Bang Tao area. Notable completed projects include:
- Angsana Laguna Residences: A branded resort residence project completed around May 2007.
- Laguna Park: A residential community of townhomes and villas, completed in December 2018.
- Cassia Phuket: A branded condotel development delivered in December 2019.
- Sky Park: A large-scale condominium development completed in December 2021.
- Angsana Oceanview Residences: A luxury branded condominium project completed in November 2021.
- Laguna Park 2: An extension of the Laguna Park concept, completed in September 2023.
- Laguna Lakeside: A lakefront condominium focused on wellness facilities, delivered in June 2024.
- Laguna Homes: A community of premium villas, with a recent phase completed in July 2024.
What buyers should know
As a publicly listed company on the Stock Exchange of Thailand, Laguna Resorts & Hotels is subject to regulatory oversight and disclosure requirements. Information, including financial statements and records of legal disputes, is available to the public through the Thai Securities and Exchange Commission (SEC).
Prospective buyers should be aware that the company's public filings have historically disclosed legal disputes related to its Phuket operations. For example, a 2010 SEC filing (Form 56-1) detailed a criminal case concerning alleged encroachment on state land by an affiliate at Laguna Beach Resort, which resulted in a guilty verdict from an appeal court that the company subsequently appealed to the Supreme Court. The same filing documented other civil cases, including a land dispute at the Sheraton Grande Laguna Phuket and claims from condominium purchasers at Allamanda 1 Condominium.
This information reflects historical legal matters that are part of the company's public record. Buyers are encouraged to conduct their own due diligence and review the latest company disclosures on the SET and SEC websites for the most current information.
Source notes: see citations below.