they don't seem to be in any hurry, as 'brother's club' opened, so surely at least a 1 yr lease. with the major investment in KK, I think they are in wait and see mode, plus that unbelievable huge investment in super hotel in pattatya, which teak door has a link about, seem way overpriced, along with expensive extras, i can't see doing very good, especially with world economies tightening up. though they said they want to be the premium hotelier in asia/world, and they do seem to own too much and have too much money, but if they keep up all this spending, it may bite them in the butt, so wait and see how KK goes first before starting Udon project makes good sense. IMO.
centara pattaya project, very nice, but very expensive.
http://teakdoor.com/thailand-hotels-res ... ttaya.html