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TLHPF is initially invested in land and building for hotel operation of Phi Phi Holiday Inn Resort Project as a freehold property fund which is a 4-star hotel, located on the land area of approximately 31-2-22 Rai with 85 guest room buildings, consisting of 128 rooms. After initially invested by the Mutual Fund, Phi Phi Holiday Company Limited is the Project lessee. The lease term shall be 3 years with condition that the Mutual Fund has the right to grant an additional lease period extension for 4 times, each of which has 3 years term. As a result, the entire lease term shall be 15 years. Moreover, Phi Phi Holiday Company Limited has hired the Holiday Inns (Thailand) Ltd. to manage the Project to be in accordance with the current management agreement.
Name | Title | Since | Until |
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Not Disclosed | - | 2015 | Now |
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