Nana Journals

An anthology of some of the best writings, photos, and information pertaining to the Bangkok
nightlife featuring comments and highlights from the best blogs and websites on the subject.

Wednesday, November 23, 2011

Nana Plaza Will Continue

The master lease for Nana Plaza is as good as sold. Negotiations are complete and the master lease will be taken over by a group which owns and manages a number of popular Bangkok bars, including gogos and expat pubs. The group has a strong foothold in the industry with bars across different genres, so the Nana Plaza we know will continue!

Expect rents to go up which has to be a good thing. Higher rents means higher prices in the bars. To convince punters to part with more of their hard-earned, the bars will have to invest and look to be more innovative.

Ultimately we should see an improved Nana Plaza with nicer bars, possibly a premium product at a premium price.

Stickman

1 comment:

Sevin said...

and "premium" prices are a good thing HOW??? the dames and drams in Nana are already overpriced. higher prices than the already overpriced product is a surefire recipe for failure. chok dee with that