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Monday, May 6, 2024

Phi Phi Holiday misses rental payment

An overhead photo of Phi Phi Holiday Inn Resort.

Phi Phi Holiday Co Ltd has defaulted on rental payment to Phi Phi Holiday Inn Resort, affecting the income of Thailand Hospitality Property Fund (TLHPF), which is managed by One Asset Management.

One Asset declared on Dec 4 Phi Phi Holiday Co Ltd, the lessee of Phi Phi Holiday Resort Hotel project, sent it a letter to notify One Asset of the scheduled sale of Phi Phi Holiday’s land located on Loh Lana Bay, Phi Phi Don…

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