Bangkok Hotel For Sale
www.GlobalBX.com
Listing ID:
70027470
Listing Title:
Bangkok Hotel For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=27470
Industry:
Hotels and Holiday Accommodation
Industry Segment:
Hotels
Country:
Thailand
State / Province:
Area
City:
Bangkok
Asking Price Range:
$5.0M - $10.0M
Gross Revenues:
$3,000,000
Cash Flow:
$1,500,000
Cash Flow Type:
EBITDA
Year Established:
1980
Number of Employees:
50 - 99
Business Description:
This three star hotel sits within Bangkok's prime tourist zone, in one of the major streets leading off Sukhumvit Road. With great shopping and entertainment areas all around, this hotel is positioned well, and is very close to the Skytrain and in close proximity to embassies, banks and the Queen Sirikit National Convention Centre. It is within easy walking distance of entertainment areas and many restaurants as well. There are over 80 superior rooms, 20 executive rooms, and two suites. The hotel enjoys a 90% occupancy rate with about 80% of the clientele being Japanese. There's a parking garage and a small pool, the rooms are average sized and the rates go from 800-1500 baht. The selling price is 360 million baht. This prime property will not last long. Contact for more information on this Hotel business for sale. (Ref: TH173/05)
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