Bangkok’s Royal Orchid Sheraton Sells in 5.3 Billion Baht Deal
BANGKOK – The landmark Royal Orchid Sheraton Hotel on Bangkok’s bustling Chao Phraya riverside has officially found a new owner in a major 5.3 billion baht agreement. Trust unitholders approved the high-profile transaction this week, choosing a clean buyout offer rather than extending a troubled buyback plan with the previous managing operator. This major ownership change […] The post Bangkok’s…
We haven't written up this one. Chiang Rai Times has the full story — the link below goes straight to it.