Thai residential developer will still own 5 hotels and expects to gain from collaboration with global chain
PUBLISHED : 2 Oct 2024 at 18:40
The Standard Residences, Hua Hin.
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Thai residential developer will still own 5 hotels and expects to gain from collaboration with global chain
PUBLISHED : 2 Oct 2024 at 18:40
The Standard Residences, Hua Hin. (Photo supplied)
The SET-listed developer Sansiri Plc (SIRI) says it has successfully concluded the sale of its majority stake in the hotel group Standard International, which has now been acquired by Hyatt.
“This strategic exit marks a significant milestone for Sansiri, paving the…