SC Capital’s Suchad Set to Buy Bangkok’s Royal Orchid Sheraton Hotel for $157M

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SC Capital Partners founder Suchad Chiaranussati has received unitholder approval to buy Bangkok’s Royal Orchid Sheraton Hotel and Towers for THB 5.3 billion, or about $157 million. The riverfront hotel is owned by the Thai-listed Grande Royal Orchid Hospitality trust.

SC Capital Partners founder Suchad Chiaranussati has won approval from unitholders in a trust that owns Bangkok’s Royal Orchid Sheraton Hotel and Towers to buy the riverfront landmark for THB 5.3 billion ($157 million). Unitholders in the Thai-listed Grande Royal... Read More>> The post SC Capital’s Suchad Set to Buy Bangkok’s Royal Orchid Sheraton Hotel for $157M appeared first on Mingtiandi.

Markets Deals Real Estate Travel Bangkok hotel acquisition SC Capital Partners Royal Orchid Sheraton real estate hospitality

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