Asking price: THB 1,800,000,000 (USD 54,545,455)
Income producing golf estate between Bangkok and Pattaya, positioned for repositioning, branding, and long term capital growth
Introduction
This Hotel Investment offering features an operating resort hotel integrated within a 27 hole championship golf course in Chonburi. The property includes 122 guest rooms, restaurants, a sports club, driving range, workshop facilities, and staff accommodation. The asset sits on a large land plot with multiple buildings, supporting both hospitality and leisure operations. The layout allows for operational efficiency and future expansion. The property suits investors seeking a land backed hotel asset with stable cash flow and repositioning upside.
The property is located in Si Racha, Chonburi, positioned between Bangkok and Pattaya. The location offers access to the Eastern Economic Corridor, industrial estates, port facilities, and major tourism destinations. Travel time is around 45 minutes from Pattaya and about 1.5 hours from central Bangkok. The area benefits from strong domestic weekend demand, corporate travel linked to EEC industries, and leisure tourism driven by nearby attractions and golf travel.
Hotel and tourism performance in Pattaya and Chonburi shows stable occupancy and resilient room rates. Pattaya recorded average hotel occupancy of about 71 percent in 2024 with ADR around THB 3,498. Visitor arrivals in Chonburi reached about 13.7 million in the first half of 2025, with domestic travelers representing over 60 percent of demand. Supply growth remains moderate, while long term demand is supported by EEC investment, domestic travel, and regional tourism expansion
Property overview
- City, area and key location advantages: Si Racha, Chonburi, between Bangkok and Pattaya, within the Eastern Economic Corridor
- Short description of the hotel type: Integrated mid scale to upper mid scale resort hotel within a golf estate
- Star rating or positioning: Mid scale to upper mid scale resort positioning
Investment highlights
Why the hotel is attractive for investment
- Land backed asset with operating income from hotel and golf
- Established reputation in leisure and corporate golf segments
Demand drivers in the area
- Domestic weekend travel
- Golf tourism
- Corporate and industrial travel linked to EEC
- Pattaya and regional leisure tourism
Market performance data
- Pattaya hotel occupancy around 71 percent in 2024
- ADR around THB 3,498
- Stable rate growth in upper segments
Yield or income potential
- Upside from rebranding, rate optimization, and improved distribution
- Cross selling between hotel, golf, and F&B
Value add or repositioning opportunities
- Brand affiliation
- Room renovation and product upgrade
- Golf membership expansion
- Mixed use or resort style enhancement
Property details
- Number of rooms: 122 keys
- Condition of the building: Operating condition, suitable for phased renovation
- Age of property: Established golf course since 1988
- Tenure and land title: Freehold, subject to legal verification
Financial information
- Asking price: THB 1,800,000,000 (USD 54,545,455)
- Revenue trends: Supported by golf tourism, domestic travel, and corporate demand
- Occupancy trends: Market occupancy around 70 to 80 percent in Pattaya and Chonburi during peak periods
- Average daily rate (ADR): Market reference around USD 90 to 110 per night and Pattaya ADR around THB 3,498 in 2024 to 2025
Location advantages
- Distance to business districts: Within driving distance to EEC industrial zones and Si Racha business areas
- Proximity to airports, public transport, major landmarks: Approx. 45 minutes to Pattaya and 1.5 hours to Bangkok
- Tourism and commercial demand indicators: Over 13.7 million visitors to Chonburi in H1 2025 with strong domestic and regional tourism growth
Market context
- Short overview of hotel market performance in the city: Pattaya and Chonburi hotels recorded occupancy around 71 percent in 2024, with ADR growth supported by domestic and European demand
- Visitor growth trends: Chonburi welcomed about 13.7 million visitors in H1 2025, with Thai travelers accounting for over 60 percent of arrivals
- Supply pipeline: New hotel supply in Pattaya remains moderate, with several branded resorts planned between 2026 and 2029
Supporting documents
More supporting documents are available. Letter of Intent, Proof of Funds, and Non Disclosure Agreement are required before release.
Call to action
Investors are invited to request full financial statements, detailed operating performance data, and secure access to the data room for deeper evaluation. Private property viewings and confidential investment discussions can be arranged through Estate Corner International to support due diligence and transaction planning.
Note:
- USD 1 = THB 33
- The images are for illustrative purposes only to maintain the confidentiality of the business.
- Information as of 18 January 2026
FREQUENTLY ASKED QUESTIONS (FAQS)
What is the golf course and hotel business outlook in Si Racha, Pattaya, and the EEC in 2026?
The outlook remains supported by domestic travel, EEC corporate activity, and regional tourism. Occupancy in Pattaya and Chonburi averages around 70 to 80 percent in peak periods. Moderate supply growth and stable ADR support income visibility for golf and resort assets.
Why invest in a golf course hotel in Si Racha and Pattaya?
The area combines tourism, industrial demand, and weekend domestic travel. Golf assets attract leisure travelers, corporate groups, and long stay guests. Large land plots offer downside protection, repositioning potential, and long term redevelopment optionality.
What is the cap rate for a golf course with hotel in Chonburi?
Cap rates vary based on operating performance, branding, and repositioning scope. Stabilized resort and leisure assets in Thailand often trade in the mid to high single digit range. Value add opportunities can improve exit yield through income growth and branding uplift.
How do foreign investors buy a golf course or hotel in Thailand?
Foreign investors typically acquire through Thai companies or approved legal structures. Due diligence includes title verification, licensing, operating permits, and financial audits. Professional legal, tax, and brokerage support is recommended throughout the transaction process.
What is the Thailand golf course business outlook?
Thailand remains a leading golf tourism destination in Asia. Demand is driven by domestic golfers, regional travel, and international leisure segments. Courses located near Bangkok, Pattaya, and EEC benefit from steady demand, corporate events, and tourism recovery.