A hotel in Phrae, Northern Thailand, is offered for sale following a family generational transition. Asking price: THB 120 million, negotiable.
The property has 104 rooms in total. The regular operating-room basis is 54–56 rooms. Four additional non-air-conditioned rooms are normally not sold except for occasional special group bookings. Remaining rooms may be assessed for renovation and future use.
Land area: 8,404.8 sq m across five title deeds. Six-storey main building with approximately 5,600 sq m of indoor usable area. Facilities include restaurant and kitchen, three meeting halls, outdoor event space, swimming pool, lift and parking.
An asset sale including land, buildings, furniture and equipment, or potential company share transfer, can be discussed. Included assets, liabilities and transaction structure are subject to agreement and due diligence. Existing bank mortgage and discharge arrangements will be explained during the transaction process.
Property information and site visits are available on request. Detailed financial, title and licence documents are available under NDA. Existing photos are indicative; current condition should be checked during a site visit. Thai and international brokers welcome, with cooperation and commission terms agreed separately. Please contact the seller through this platform.
