JLL’s Hotels & Hospitality Group (“JLL”) has been retained on a sole and exclusive basis to offer for sale InterContinental Samui Baan Taling Ngam Resort (the “Property”, “Hotel” or “Resort”).
Spread across a sprawling 43.4 rai (almost seven hectares) of lush tropical rainforest fronted by over 160 metres of pristine palm-fringed beach, the legendary 79-key Resort boasts one of Thailand’s most picturesque locations. Perched atop Baan Taling Ngam’s dramatic cliff, the Resort enjoys breathtaking views over the Gulf of Thailand and the stunning seascapes of Angthong Marine National Park. The New York Times Bestseller’s 1,000 Places to See Before You Die by Patricia Schulz calls it Samui’s ‘ritziest property’.
In addition to a Board of Investment promotion, allowing 100% foreign ownership, the Property offers a number of attractive value enhancement opportunities.
Samui remains one of Thailand’s most popular resort destinations, commanding the highest Average Daily Rate (ADR) and attracting both domestic and international travellers to record a five-year CAGR (2012-2017) of 7.1%, with 2018 expected to be another record year.
The Property is being offered for sale via an Expression of Interest process, the details of which can be obtained from JLL upon the execution of a confidentiality agreement. All enquiries related to the Property are to be addressed solely to JLL.