Movenpick Resort & Spa Karon Beach Phuket - SOLD

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Sold for 2,855,985,280 THB Rooms: 368
Price Per Room: 7,760,830 THB
Property Id : 29225

Jones Lang LaSalle Property Consultants Pte Ltd (“Jones Lang LaSalle Hotels”) has been retained by Kingdom Hotel Investments (the “Owner’) on a sole and exclusive basis to offer for sale the Mövenpick Resort & Spa Karon Beach, Phuket, Thailand (the “Property”, “Hotel” or “Resort”).

Occupying a prime, central location along Phuket’s picturesque western coast on Karon Beach and set within 82,828 sqm of lush landscaped tropical gardens, the 362-key Property is one of Phuket’s most established resorts, which blends the romance of the exotic east with the contemporary design of the west.

Currently operated by Mövenpick Hotels & Resorts, the Hotel is being sold with the benefit of management. At the option of investors, however, the Property can be acquired with vacant possession of management, presenting an investor or an owner-operator the rare opportunity of taking full operational control of a key resort in one of Asia’s most sought-after markets.

Detailed information on the freehold Property, including financial, title, legal and building information, is available for review upon the execution of a confidentiality agreement.

Nihat Ercan

Senior Managing Director, Head of Investment Sales Asia Pacific
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