Thailand’s Hotel Investment Volume Exceeds B10bn – Marking the Beginning of a New Era

As reported by the JLL Hotels & Hospitality Group that Thailand’s direct hotel investment has reached B10.7 billion during the first half of 2017. The said value is provided with relation to five of the top hotels in Bangkok and Pattaya and is said to be attributed to four major transactions. The Head of Investment Sales Asia of the JLL Hotels & Hospitality Group held that the total volume of hotel investment in the year of 2016 was merely B 9.6bn. It was further provided that buyers were comprised of both regional and local markets and the hotel market is widespread from a luxury hotel in Bangkok to a Koh Phangan resort including the popular accommodation properties such as Anantara Rasananda Koh Phangan Villas. Further, it is believed that this re-establishes Thailand as the country with the most attractive hotel investments of Asia.