Thailand’s hotel market just set a new record with the sale of the prestigious Hyatt Regency Bangkok Sukhumvit for a staggering THB 5 billion (approximately $155 million). This landmark transaction, managed by JLL’s Hotels & Hospitality Group, represents Thailand’s largest single-asset hotel deal to date. This sale isn’t just a testament to the value of the Hyatt Regency, a coveted property in Bangkok’s bustling CBD, but also highlights Thailand’s growing allure as a top-tier hospitality market. With both domestic and international investors eyeing Thailand’s hospitality sector, the sale signifies a surge of capital investment in the industry, bolstering the country’s reputation as a global investment destination.
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Minor Hotels to Debut in Singapore with Avani Hotels & Resorts Lifestyle Brand
Minor Hotels, a global hospitality leader with over 550 hotels, resorts and residences in 56 countries, has announced plans to launch its Avani Hotels & Resorts lifestyle brand in Singapore, marking the group’s entry into the country. Scheduled to open in the first quarter of 2027, the 13-storey upscale property aligns with Minor Hotels’ expansion strategy to strengthen its footprint in major global destinations.
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