Unitholders of the Grande Royal Orchid Hospitality Real Estate Investment Trust (GROREIT) have approved the sale of the Royal Orchid Sheraton Hotel in Bangkok to a new investor for 5.3 billion baht, rejecting a lower buyback offer from the luxury property’s original owner, SET-listed Royal Orchid Hotel (Thailand) Plc. Source link

ตลาดหลักทรัพย์แห่งประเทศไทย (ตลท.) ได้สั่งให้บริษัท ROH ชี้แจงผลกระทบต่อธุรกิจหลังจากที่ผู้ถือหุ้นของบริษัทโหวตให้ขายโรงแรมในเครือ ซึ่งถือเป็นรายได้หลักของบริษัท รายงานระบุว่าการขายสินทรัพย์ดังกล่าวอา… · Photo : kenteegardin · CC BY-SA · Flickr

The long-running financial and ownership saga surrounding Bangkok’s Royal Orchid Sheraton Riverside Hotel has entered another important phase, with GROREIT

The battle surrounding the future ownership of Bangkok’s Royal Orchid Sheraton Riverside Hotel appears far from over, with Royal Orchid Hotels (Thailand), or

Thailand Hotel News: Rare Bangkok Riverfront Trophy Asset Sparks Intense Investor Battle

Thailand Hotel News: Thailand’s hotel and property sector has been watching developments surrounding Grande Asset Hotels and Property Public Company Limited

Thailand Hotel News: Thailand’s hospitality and property investment sectors are closely watching the unfolding dispute surrounding the Royal Orchid Sheraton

Thailand Hotel News: The Royal Orchid Sheraton Riverside Hotel Bangkok finds itself at the center of two very different stories unfolding simultaneously. On

Thailand Hotel News: The hospitality investment market was shaken on Tuesday after Grand Royal Orchid Hospitality Real Estate Investment Trust (GROREIT)

Thailand Hotel News: A contractual dispute involving the ownership of one of Bangkok’s best-known luxury hotels has escalated after One Asset Management

Thailand Hotel News:  A high-profile real estate investment trust linked to one of Thailand’s well-known hotel groups has hit a major roadblock, raising fresh