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Posted: 05 Oct 2010 | 6:00 am
The US financial press is buzzing over the identity of a Thailand based buyer of the luxury St. Regis hotel in Aspen.
Sold by Starwood Hotels and Resorts the 179 room hotel transacted for a reported USD70 million to a Thai investor through Bangkok based OptAsia Capital.
OptAsia Capital are a firm specializing in mergers and acquisitions and works closely with private equity and high net worth individuals.
For now the identity of the purchaser is not known, and a Delaware based project vehicle has been used for the acquisition.
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
Thailand-based Khiri Travel will highlight the opportunities of green travel at the upcoming PATA Travel Mart in Phnom Penh.
Both the Banyan Tree Phuket and Angsana Laguna Phuket resorts have been given EarthCheck bronze status.
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