Sugar tycoons branch into hotel investments - News Summed Up

Sugar tycoons branch into hotel investments


The Heritage Grand Khon Kaen, formerly known as Pullman Khon Kaen, is one of the hotels owned by the Arunanondchai family. The second-generation owners of Rajburi Sugar Group have diversified into hotel investments, spending more than 1.5 billion baht to acquire and renovate Impiana Resort Chaweng Noi in Samui and Pullman Khon Kaen. "We are selecting a European international hotel chain to manage the 96-room Samui hotel as the island is popular among European travellers," she said. Since December, the Samui hotel has recorded an average occupancy rate of 90%, with room rates starting at 3,000 baht a night. When the owner announced the sale, we became interested in acquiring it," said Sunthorn Arunanondchai, chairman of Rajburi Sugar Group.


Source: Bangkok Post March 04, 2026 03:50 UTC



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