Railway board renews contract for ‘Central Hua Hin Hotel’ for 2 months
Mr. Chirut Wisanchit, Director-General of the Department of Land Transport as chairman of the State Railway of Thailand (SRT) revealed that the board recently approved a contract extension for the company Central Hua Hin Beach Resort Co., Ltd. Land tenant, building management, property of the Hua Hin Railway Hotel Prachuap Khiri Khan Province or Centara Grand Resort & Villas Hua Hin Hotel, area 71.65 rai, 2 months after the original contract expires on May 15, 2022 for the hotel to continue to open.
Mr. Chirut said Meanwhile, during these 2 months, SRT will negotiate with Central whether to extend the contract for another 6 months or 1 year while waiting for SRT Asset Co., Ltd. to finalize the way forward for the contract to bid or negotiate new revenue. old After reviewing the results of the new study in accordance with the current situation Due to the results of an old study before the outbreak of COVID-19 But the SRT maintains the same proposal, namely for the private sector to invest in the construction of new hotels and to renovate the old buildings more. How much it will be worth depends on the results of the study and negotiations with the private sector.
“In addition, the board has asked SRT to make an action plan for all the land that will be transferred to SRT Company to manage and generate additional income. Come to the board to consider, for example, the land in the area of the Royal City Avenue project or RCA because the lease is almost over.” Mr. Chirut said