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Thailand Hotel Sales Market - April 2020

Posted By Chada Trithavornyuenyong on May 01, 2020 in Hospitality

THAILAND HOTELS FOR SALE

Heading to the weekend, this week we had a number of hotel listings come on the market. Hotels are lo

Bangkok Hotel: http://soda.red/properties/156

This hotel is out of the CBD area, hence the lower price of ~5.67M USD. The hotel opened and started to gain momentum, then COVID hit. Good opportunity at the lower end.

Phi Phi Island Hotel: http://soda.red/properties/153

Location, location, location! Quite possibly the best location on the island. This hotel was renovated about 10 years ago but I would recommend some modernization. Good bones, and great opportunity. Price: ~ 113.3M USD

Phuket Island Hotel: http://soda.red/properties/152

Outside of Bangkok, Phuket is premier destination in Thailand. This hotel is just a couple years’ young and has it all: Fine dining, spas, and pool access. This is a turnkey business. Price: 83.3M USD.

Please contact the listing agent for further information.

 

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