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Thai family targets distressed sellers for luxury hotel growth plans

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The Thai family which owns and operates one of Sydney’s flagship luxury hotels, the 415-room Amora Hotel Jamison in the city centre, is looking to double its presence in Australia within five years by buying discounted properties from distressed sellers.

It’s a buyer’s market for hotels: Earp Siriphatrawan 

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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com

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    Original URL: https://www.afr.com/property/commercial/thai-family-targets-distressed-sellers-for-luxury-hotel-growth-plans-20240729-p5jxd6