With tourism in Thailand picking up, this fully operational Bangkok hotel for sale near Don Mueang Airport is an exciting opportunity for savvy investors looking to enter the market. Additionally, the property is less than one kilometer away from Lak Si Station on the SRT Red Line which connects Bang Sue Grand Central Train Station to the airport.
The property is already setup as a hotel business and the hotel license will come with a sale. There is also a liquor sales license to support food and beverage operations. Having been in operation for some time, the hotel has a number of good reviews and is integrated into major booking platforms.
This hotel is situated in a three-storey building and contains a total of 13 rooms and two hostel-style accommodation spaces. These can remain as is or be converted into extra private rooms. There is also a significant amount of on-site parking.
With a boutique-feeling modern design, the Bangkok hotel for sale near Don Mueang Airport appeals to all types of travelers. The first floor café/bar space adds another element to the property that makes it popular among today’s guests.
The owner is actively looking to sell the Bangkok Hotel For Sale near Don Mueang Airport and has set an asking price of THB43.4 million (USD1.2 million). Prior to the pandemic, hotel revenue was approximately THB500,000-600,000 monthly or more than THB6 million annually. That was prior to the SRT Red Line opening.
There is potential for revenue to grow even further with infrastructure soon to be in operation as well as by converting hostel areas into rooms. There is also revenue generation opportunities from the café and bar which was not included in the previous figure.