Phuket’s Boathouse Hotel Sold
One of the island’s first boutique hotels has been sold, the Boathouse in Kata.
The seller of the property is Thailand’s Montara Holdings and the buyer is a listed Singapore group.
According to a filing with the Singapore Stock Exchange the purchaser is a subsidiary of the HPL Group.
JLL Hotels brokered the sale.
This year is shaping up to be a large-scale transaction market with such island hospitaltiy assets as The Nai Harn and Manahai Surin Beach current for sale.