Hilton Pattaya

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Details of Hilton Pattaya

Characteristic of Investment

  1. Leasehold rights over the immovable properties comprising a hotel building and parking areas which are related to the project.
  2. Leasehold rights over utilities systems which are related to the project. These will comprise electrical system, utilities system, telephone system, elevators, escalators, air conditioning system, engineering works system, wastewater treatment system, and various facilities that have been installed and used in the hotel building and structures of the Project.
    For approximately 20 years. (the agreement expiring on 31 August 2037).
  3. Ownership of movable assets which are related to the project, which will comprise equipment for decoration, tools, instruments, whether are permanently fixed or not, including other equipment used for the purpose of decorating or facilitating users of the hotel building and structures of the Project, which are located on and/or fixed on the exterior or in the interior of the areas of the hotel building and structures of the Project, or on the surface of the hotel building and structures of the Project including any other rights relating to or in connection with the aforementioned properties (as the case may be), excluding the properties that are component parts of the hotel building and structures.
Sub-Lessee
CPN Pattaya Hotel Company Limited (“CPN Pattaya Hotel”)
Hotel Manager
Hilton Group
Area
Gross Floor Area (include parking area) approximately 49,686 sq.m. 304 Rooms
Remark: Gross Floor Area means guest room areas and other areas
Investment Date
1 December 2017
Investment Value
THB 3,754 million