With help from an anonymous tip I passed this onto friends at Expedia so sure it will be corrected soon. Thankfully a not well known hotel and it is the rainy season in Phuket so should be fixed before any damage done.
The screwy rate problem has hit most of the major online travel sites, often resulting in a protracted battle between the site and supplier over who's fault it was. As you could expect there are message boards devoted to findings mistakes and publishing them.
Here is the Expedia shot (and link though might be fixed now)

And here is the hotel's own site with a rate 10x more.
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