Transaction, Thailand | The Savetsomphob family acquires Staybridge Suites Bangkok Sukhumvit, advised by JLL

Publié le

spot_img
Article top ad ☟

JLL Hotels & Hospitality Group announces it has advised the Savetsomphob family on the successful leasehold acquisition of Staybridge Suites Bangkok Sukhumvit, a 411-room property, sold by Origin Hotel PLC. Located on Sukhumvit Soi 24, in the established Phrom Phong district, this IHG-branded hotel combines short-stay and extended-stay components, and benefits from close proximity to a wide range of commercial, retail and leisure destinations, distinguishing this asset within Bangkok’s dynamic hotel market.

This transaction marks the fourth collaboration between JLL and the Savetsomphob family, reflecting a long-standing relationship built on trust and successful outcomes. JLL Hotels & Hospitality Group provided full buy-side support throughout the process, including price evaluation, commercial due diligence, review and negotiation of transaction agreements, and deal management through to closing.

Inline article ad 1 ☟
Cover ad 2
Inline article ad ☟

This transaction confirms sustained investor demand for quality, internationally branded hotel assets in Bangkok’s prime locations.


 

At a Glance

Staybridge Suites Bangkok Sukhumvit — Transaction – Buyer: Savetsomphob family (leasehold acquisition) – Seller: Origin Hotel PLC – Asset: Staybridge Suites Bangkok Sukhumvit by IHG, 411 rooms – Location: Sukhumvit Soi 24, Phrom Phong district, Bangkok – Advisor: JLL Hotels & Hospitality Group (buy-side, full advisory) – Relationship: 4th transaction between JLL and the Savetsomphob family

Bottom article ad ☟

À la une

Malaysia | Dusit International Opens Dusit Princess Ipoh, Its Third Property in the Country

Dusit International will open the Dusit Princess Ipoh on 1 October 2026, a 268-room property in the heart of the historic city of Ipoh, in the state of Perak. The Thai group's third Malaysian property is backed by a partnership with local developer Plenitude Berhad and aims to support the growing momentum of domestic tourism in the region.

Saudi Arabia | KBLT Congress Opens Its 5th Edition in Riyadh, Driven by the Rise of the Affluent Saudi Traveller

The Kingdom Business & Luxury Travel (KBLT) Congress opened its doors on 6–7 September 2026 at the Mövenpick Hotel and Residences Riyadh, bringing together more than 100 pre-qualified Saudi buyers and leading global travel brands. The event comes as the Kingdom's outbound travel spend is set to exceed €26.4bn in 2026, driven by a luxury segment already valued at €11.6bn. For hoteliers and investors, the gathering is emerging as a strategic barometer of a market whose expectations are being fundamentally reshaped.

Sfax, Tunisia | Haider Mbarek Appointed General Manager of Aurora Tunisie

Haider Mbarek has taken over as General Manager of Aurora Tunisie, a hotel complex under development in Sfax. He brings more than twenty years of experience across Tunisia, Algeria, Libya and the Indian Ocean, with a particular specialism in property openings.

Employment Law, France 🇫🇷 | Wrong Signatory Voids Dismissal : Cour de Cassation Sets a Rule That Also Applies to Hospitality

On 1 April 2026, France's Cour de cassation confirmed that a dismissal letter signed by the HR manager of another company within the employer's group was without real and serious cause, in the absence of proof of her authority over the subsidiary concerned. The Court also partially quashed the ruling on a separate point, leaving the door open to additional sums. The case involves an automotive distribution group, but the principle established is directly relevant to hotel groups, which are often structured with multiple subsidiaries and shared HR functions.

Mouvements