Commercial Real Estate For Sale in Phuket

Experience Opulence at This Stunning 83-Room Hotel in Pa TongWelcome to your chance to own a premier hotel located in the heart of Pa Tong, Kathu, Phuket. This ultra-luxury property stands proudly with its modern architecture boasting glass balconies and expansive windows, offering breathtaking views of the vibrant cityscape and distant mountains.Property HighlightsLocation: Nestled in the bustling urban center of Pa Tong, within easy reach of beaches, shopping, and entertainment.Accommodation: Comprising 83 opulently styled bedrooms with 85 bathrooms, ensuring each guest enjoys unparalleled comfort and privacy.Design: The interior showcases a mix of contemporary design elements with a neutral color palette, combining luxury and functionality.Amenities: Guests can indulge in the rooftop swimming pool with panoramic views of both the city and the ocean, surrounded by elegant sun loungers and shaded seating areas.The fully furnished hotel spans eight floors, with a spacious lobby featuring a high ceiling, chic decor, and a striking red and black color scheme that echoes throughout its shared spaces. Large living areas luxuriate in natural light, amplified by their open-concept designs.Investment OpportunityPriced at 300,000,000 THB and offering freehold ownership, this hotel presents an unmatched investment opportunity in one of Phuket's most sought-after tourist locations. Don't miss your chance to own a piece of paradise in Thailand's hospitality sector.

This attractive Boutique Hotel sits on a wonderful location, 50 meters from the Bangtao beach. a Boutique Hotel that truly feels like a peaceful relaxing oasis. The rooms are opening out onto the pool with tropical surroundings are delightfully furnished and decorated for your clients comfort. All rooms are equipped with air conditioning, cable TV, mini bar, safe box. Internet wireless connection is available in all areas of the hotel. Sitting close to one of Phuket's longest beaches lies this charming property that was fully renovated in October of 2015 with a new style and improved services. Also nearby are several golf courses and shopping complexes. Despite being a resort with just 9 rooms, guests will find here an outdoor pool, massage parlor, and a hair salon. All rooms are designed to face the central pool and feature LCD TV's and complimentary Wi-Fi access. Please note; Further Information can be released to a qualified buyer, by appointment with a Lazudi agent.

The Resort and villas total land area is ​​1697 Sqm and it is a freehold property. Including 17 villas,  all room 1 bedrooms, Size 25-35 SQM. Private and public pools, security room，The unique design is deeply loved by Europeans and Americans. Stable customer base and can operate immediately after transfer of ownership Each bedroom contains a bathroom and has a toilet； Equipped with TV, air conditioner,sofa; Common areas: open kitchen and refrigerator washing machine Located adjoining in Laguna, a popular tourist area in Phuket, the villa is well maintained and in excellent condition. Surrounded by high-end business circles, restaurants, convenience stores, imported supermarkets, shopping malls meet the needs of life. 3 minutes to FamilyMart (850 m.)4 minutes to Catch Beach Club (0.9 km.)5 minutes to Lotus's Choengtalay (0.5 km.)10 minutes to Bang Tao Beach (2.0km.)12 Laguna Beach (2.1 km.)25 minutes by car to reach Phuket International Airport. Location:The resort and villas is set in a pleasant and convenientlocation, within a short 15 minutes on foot to the sands ofBangtao Beach. A number of key amenities including a VillaMarket Supermarket, beach clubs, restaurants, bars, a Lotus'sSupermarket as well as the Laguna Phuket can bereached within about 5-10 minutes driving radius.   度假村和别墅的总土地面积为 1697 平方米，是永久业权财产。包括 14 栋别墅，所有房间 1 间卧室，面积 25-35 平方米。私人和公共游泳池，保安室，独特的设计深受欧美人的喜爱。 稳定的客户群，所有权转让后可立即运营 每间卧室都有浴室和卫生间； 配备电视、空调、沙发； 公共区域：开放式厨房和冰箱洗衣机 别墅毗邻普吉岛热门旅游区拉古纳，维护良好，状况极佳。 周边高档商圈，餐饮、便利店、进口超市、商场满足生活需求。 3 分钟到 FamilyMart (850 m.)4 分钟到 Catch 海滩俱乐部 (0.9 公里。)5 分钟到 Lotus's Choengtalay (0.5 公里。)10 分钟到邦涛海滩 (2.0 公里。)12 拉古纳海滩 (2.1 公里。)25分钟车程到达普吉国际机场。 地点：度假村和别墅坐落在一个愉快和方便的地方位置，在短短的15分钟内步行到沙滩邦涛海滩。包括别墅在内的许多主要设施Market 超市、海滩俱乐部、餐厅、酒吧、Lotus's超市以及普吉岛乐古浪都可以约5-10分钟车程内到达。

Welcome to the Grand Sunset Hotel Phuket, where luxury meets serenity just 100 meters from the stunning shores of Karon Beach. Immerse yourself in the beauty of the Andaman Sea from the comfort of our exquisitely decorated modern suites. Our dedicated and caring staff are ready to extend a warm Thai welcome, ensuring your stay is a memorable and indulgent experience. Discover a range of 54 meticulously designed rooms and suites that cater to both your comfort and technological needs. Unwind in the lap of luxury while enjoying the latest in high-tech entertainment and business facilities. At the Grand Sunset Boutique Hotel, we blend excellence with authentic Thai hospitality, making it the ultimate choice for discerning travelers seeking a refined escape. Elevate your relaxation at our Rooftop pool and Lounge bar, a haven of tranquility that provides a retreat to unwind and rejuvenate. Allow yourself to escape the pressures of the day and soak in the panoramic views of the surroundings. Located moments away from bustling shopping, business, and entertainment districts including Patong, Kata, Naiharn, and Phuket Town, the Grand Sunset Boutique Hotel offers a prime location for busy travelers and families. With easy access to proven and reliable tour operators, taxis ready to whisk you away, and the convenience of Phuket International Airport, exploring both Phuket and Thailand is a breeze. Come and experience the perfect blend of luxury, relaxation, and convenience at the Grand Sunset Hotel Phuket. Your dream getaway awaits.

Ultra Luxury Hotel for Sale in Kamala, Phuket This exceptional ultra luxury hotel in Kamala, Phuket presents a rare opportunity to acquire a premium freehold asset in one of Thailand's most sought-after destinations. Spanning 8,000 sqm of pristine land, the hotel boasts 185 spacious bedrooms and 195 well-appointed bathrooms over five stories. Highlight Features Modern architecture with panoramic views and large windows Eco-friendly green rooftops and landscaped surroundings Multiple outdoor and indoor swimming pools with elegant features Rooftop gardens and seating areas for ultimate relaxation Ample parking facilities, including underground access Strategically located adjacent to nature with forest and mountain views Equipped with a minimart and surrounded by greenery Includes an indoor pool with a central fountain, ambient lighting, and comfortable lounge chairs White facade modern architecture, elevated position ensuring stunning views Freehold ownership offering secure investment opportunities The property is currently unfurnished, providing a blank canvas for customization to suit the vision of discerning buyers. The combination of luxurious amenities, impeccable design, and a prime location makes this hotel ideal for high-end investors looking to capitalize on Phuket's flourishing tourism sector.

RESORT WITH VILLA - CAN SELL SEPERATELY Now available on a 3+3+3 lease agreement - Contact with the Lazudi agent for more details No. 1 : Small cozy resort is located in Saiyuan road, Nai Harn. Situated in a prime location, close to Nai Harn beach The Resort is very well managed and in excellent condition.   This is a genuine opportunity to take over a well run business as a going concern, and immediately enjoy an attractive return on your investment. 10 fully furnished rooms designed for comfortable living. Each room includes fitted kitchenette. All rooms have a pool view. The room service and cleaning service is on requested. Car & Bike Park, Storage Room for Maid. Land info: • Land size on the title deed : 201 sq.wah or 804 sq.mt) • Valley • Road • Electricity meters • Water • Car Park • Cable TV Building Info: • Hotel License • Office & Coffee shop • Balcony/Terrace • Garden • Swimming pool • Near beach. • Security/Gated Estate • Management office. No. 2 Charming Pool villa 2 Bedroom Pool Villa : Amazing Thai Style villa located at Nai Harn. Land info: • 1 Title deed of Land side : 144 sq. wah or 576 sq.m.) • Valley • Road • Electricity meters • Water • Car Park for 1 car • Cable TV • Hotel License Building Info: 2 storey 2 bedrooms Furnished Balcony/Terrace Garden Swimming pool Near beach Security/Gated. Total Land 2 title deeds 345 sqwah or 1380 sqmt   Please note; Further Information can be released to a qualified buyer, by appointment with a Lazudi agent.

For sale: A 450 SqM hotel with 10 bedrooms and 11 bathrooms in Rawai, Phuket, completed in Feb 2018. Priced at ฿18,000,000 (฿40,000/SqM). Welcome to Saiyuan Naiharn Beach, Phuket, where luxury meets tranquility. This 10-bedroom, 11-bathroom pool villa spans 450 SQM and offers breathtaking mountain views, a partial seaview, and a 28 SQM private swimming pool. Conveniently located on Saiyuan street, it's just a 5-minute drive to Rawai and Naiharn beaches, Tesco Lotus, Macro supermarkets, and the Montessori International School. Phuket Old Town and Central Foresta are 25 minutes away, and Patong Beach is a short 15-minute journey. This property is offered as a freehold for a great investment opportunity. Contact us for a viewing of this 10-bedroom pool villa in Saiyuan Naiharn Beach, Phuket.

Exclusive Freehold Property in Kamala, Phuket Discover unparalleled luxury in the heart of Kathu, Phuket, with this stunning 850 sqm building spread across 280 sqm of prime land. This impressive property boasts 14 bedrooms and 15 bathrooms, making it an ideal investment for discerning buyers. Exceptional Design and Features The building showcases a contemporary architectural design with a striking red and white exterior, multiple balconies, and large windows that flood the interior with natural light. Partially furnished, featuring modern furniture, wooden and tiled flooring, and an open floor plan that seamlessly connects the living, dining, and kitchen areas. Freehold ownership 5 stories with ample outdoor and balcony space Covered parking and landscaped entryway Outdoor pool area with mountain views and privacy walls Modern kitchen with stainless steel appliances Bright and airy living spaces Each bedroom and living area is designed to maximize comfort and style, offering scenic views and access to natural beauty. The property's location in Kamala offers a tranquil environment while being conveniently close to local amenities and leisure options. With its luxurious features and prime location, this property is a remarkable investment opportunity in Phuket’s sought-after real estate market.

Patong; Guesthouse 24 En-Suite Rooms Hotel Property Details This is an ideal opportunity to purchase a small, intimate guesthouse in Patong, Phuket. Offering 24 spacious en-suite rooms over three floors the property is easily manageable and represents a great investment opportunity. The ground floor has a large open reception area with a relaxing seating section with TV to one side and an informal dining area to the other side. The owners currently do not offer any on-site catering but there is a large kitchen to the rear if required. Externally on the ground floor there is a large terrace and a fitted bar area with stools and seating to the fore which attracts passersby as well as residents. To the rear there is sufficient land to install a swimming pool if required. The ground floor is also home to four of the hotel rooms, whilst the first and second floors each have eight rooms. Two of the rooms on each of the first and second floors are family-sized rooms and include not only a double bed, but also a single bed. Each room is equipped with a double or twin beds with freestanding or fitted wardrobes and vanity units, a TV on a console and two occasional chairs, plus a private balcony. The entire top floor is currently in use as the owners residence complete with kitchen and living/dining area, but can easily be adapted to create an additional 6-8 rooms for added investment return. There is also a large partially covered terrace which supplies additional outside space for guests. In addition, the owners have advised that permission to extend a further storey was granted which would create even further accommodation. Located on a busy road at the rear of Patong, nestling into the lush hills, the guesthouse enjoys much passing trade and the current owners have run the guesthouse for over 10 years and there are a number of repeat clients. Patong is one of Phuket's most popular holiday destinations and enjoys many repeat visitors year after year from all over the world. Located 45 minutes from Phuket International Airport, Patong enjoys a wonderful sweeping sandy beach, numerous bars and entertainment zones, as well as restaurants offering both Thai and International cuisine to suit all tastes. Please contact us directly at Lazudi, Phuket property agents since 1998, for more information or to view this guest house for sale in Patong, Phuket. On Nanai Road Jungceylon Shopping Center - 11 min walk Bangla Road - 14 min walk Patong Beach - 21 min walk Kalim Beach - 41 min walk Banzaan Fresh Market - 7 min walk

An exceptional opportunity to invest in a prestigious property nestled in the vibrant heart of Rawai, Phuket. This expansive 800 square meter building boasts an impressive configuration of 9 bedrooms and 9 bathrooms, offering a multitude of living arrangements and income-generating potential. Situated in a prime location directly opposite the esteemed Wine Connection, this property enjoys unrivaled visibility and accessibility. The bustling atmosphere of Rawai surrounds the building, yet its strategic positioning offers a tranquil retreat just moments away from the renowned Rawai Beach, reachable in a mere 6-minute drive. Comprising two meticulously designed 3-storey shophouses and a double 1st-floor unit featuring two apartments above, this property exudes both elegance and versatility. Each unit enjoys its own private independent entrance, ensuring privacy and convenience for residents or tenants. The building's modern architectural design seamlessly blends with the vibrant ambiance of Rawai, presenting a striking facade that captivates the attention of passersby and potential investors alike. Inside, spacious and well-appointed interiors await, offering a comfortable and luxurious living experience. Whether you're seeking a lucrative investment opportunity or envisioning your dream home in paradise, this property promises endless possibilities. From lucrative rental income to creating your private oasis in the heart of Phuket, seize the chance to own a piece of luxury in one of Thailand's most coveted destinations

Prime Commercial Property for Sale - Ideal Investment Opportunity near Patong Beach Discover an exceptional investment opportunity just 6 minutes away from the renowned Patong Beach, situated on Nanai Road. This multi-functional building is an excellent prospect for those seeking a strategic location in the heart of one of Phuket's most vibrant areas. Property Details: Land Area: 1 Ngan 45 Square Meters (580 Square Meters)Structure: 5 Floors with a total of 31 RoomsRooftop Amenities: Enjoy breathtaking views and relaxation with a rooftop swimming pool (approximately 9 meters x 3.6 meters) - a perfect space for guests to unwind and soak in the tropical ambiance.Convenience: The building is equipped with an elevator for easy accessibility to all floors.Parking: Ample parking space available under the building, accommodating up to 8 cars.This property not only offers a spacious and modern design but also caters to the needs of both guests and business owners. Its strategic location provides proximity to the famous Patong Beach while maintaining a sense of tranquility. Whether you envision a boutique hotel, serviced apartments, or a commercial space, this building provides a versatile canvas for realizing your real estate aspirations. Don't miss the chance to own a piece of prime real estate in one of Phuket's most sought-after locations

Super Well Positioned aProperty of 2400 Square Meters with Bungalows ,studio and House at Nai Yang Phuket. Number of bedrooms: 12 Number of bathrooms: 11 Fully Furnished PROPERTY AERIA: 320 m² LANDE SIZE: 2400 m²   Composed of 3 pretty bungalows (6 bedrooms) classified 3 stars.Plus 2 independent studios with Kichinet located in a wing of the house. Furthermore, a 180 square meter house with 4 large bedrooms, 3 bathrooms and 3 toilets. A very large living room and a fully equipped.  American kitchen;Laundry area and a workshop; Parking for 5 cars All rooms (bungalows ,studio and house) are equipped with every comfort (air conditioning, fan ...) and tastefully decorated, Very well maintained garden; All in perfect condition The property has a shanot (government registered title deed) We are located 4 km from the airport (without airborne noise); And only 1.1 km from Nai Yang Beach. Close to shops open 24 hours a day. Thai and international restaurants; local markets; clinic; pharmacy 

Sino/Portuguese Building in the Heart of Rawai with Stunning Sea and Mountain Views Discover the allure of this magnificent Sino/Portuguese building nestled in the vibrant heart of Rawai, offering an enchanting blend of traditional design and modern luxury. With commanding views of the sea and mountains, this four-story gem stands as a testament to meticulous craftsmanship and thoughtful architecture.  Property Overview: 4-Story Structure: A striking building with a total of four stories, featuring a distinctive Sino/Portuguese architectural style.Apartment Configuration: Ground Floor: A spacious 2-bedroom, 2-bathroom apartment welcomes you on the ground floor.Second and Third Floors: Two more identical 2-bedroom, 2-bathroom apartments provide ample living space and comfort.Fourth Floor: The pinnacle of luxury awaits on the rooftop solarium.Apartment Features: Each generously sized apartment spans approximately 160 square meters.Bedrooms: Two large bedrooms with built-in closets, kingsize beds, and access to expansive balconies.Bathrooms: Lavish living with Jacuzzi and walk-in showers in the two large bathrooms.Kitchen: Euro-style kitchen equipped with modern amenities, including a built-in washing machine, electric cooktop, oven, and plenty of cabinets.Living Room: Spacious living areas with extra-high ceilings and air conditioning throughout.High-Quality Construction: Built to exacting standards, the design draws inspiration from the charm of old Phuket town. Rooftop Amenities: BBQ Area: Rooftop BBQ area with built-in kitchen sink and food preparation space.Outdoor Seating: Covered seating area offering breathtaking sea and mountain views.Full Bathroom: Convenience meets luxury with a full bathroom on the rooftop. Ground Floor Swimming Pool: Enjoy a refreshing dip in the ground floor swimming pool, a perfect retreat on warm days. Property Highlights: Total Bedrooms: Six bedrooms spread across the three apartments.Total Bathrooms: Seven bathrooms, ensuring convenience and privacy.Kitchens: Three well-equipped kitchens cater to culinary enthusiasts.Rooftop BBQ Delight: Experience outdoor culinary excellence with a dedicated rooftop BBQ area.This unique property harmoniously combines sophistication and comfort, providing an exceptional living experience in the heart of Rawai. Don't miss the opportunity to own a piece of architectural splendor with panoramic views. Contact us to schedule a viewing and make this Sino/Portuguese masterpiece your own

A three-story commercial building for sale near the enchanting Chalong Bay, accompanied by a stylish residential space featuring 2 bedrooms and 2 bathrooms. Spanning a generous 216 square meters, this property seamlessly merges commercial and residential aspects, offering a versatile and lucrative investment. Commercial Space: The ground floor of this property is dedicated to commercial endeavors, presenting a spacious and adaptable area. Ideal for retail ventures, offices, or a combination of both, the layout is designed to accommodate a variety of businesses. Large, inviting windows showcase your offerings to potential customers and capitalize on the vibrant energy near Chalong Bay. Residential Haven: Above the commercial space, the second and third floors unveil a contemporary residential haven. With 2 bedrooms and 2 bathrooms, this living space is crafted for modern comfort. The well-appointed bedrooms offer a retreat from the hustle and bustle below, providing residents with privacy and relaxation. The thoughtfully designed bathrooms feature modern amenities, ensuring a comfortable and convenient lifestyle. Versatility and Potential: Whether you envision establishing your business on the ground floor while residing above or seek an investment opportunity with dual income streams, this property caters to your diverse needs. The strategic location near Chalong Bay not only provides a bustling commercial atmosphere but also allows residents to enjoy the coastal charm and amenities of the surrounding area. Strategic Location: Chalong Bay's proximity adds allure to this property, making it an attractive destination for both business and residential purposes. The local scene is enriched with a mix of amenities, restaurants, and attractions, creating a vibrant environment that caters to diverse preferences. Investing in this 3-story commercial building is not just a business decision; it's a lifestyle choice. Seamlessly blending commerce with comfortable living, this property offers the best of both worlds—a thriving commercial space near Chalong Bay and a contemporary residence for a relaxed and enjoyable lifestyle

Prime Commercial Property in Patong, Phuket Presenting a rare opportunity to acquire a strategically located commercial property in the heart of Patong, Phuket. This expansive establishment offers a total of 14 bedrooms, thoughtfully designed for optimal space utilization and contemporary living. Property Overview: 14 Bedrooms Configuration: 8 x 1-bedroom units (Approx. 50 sqm each)4 x 2-bedroom units (Approx. 100 sqm each)1 x 3-bedroom ground floor unit (Approx. 100 sqm)1 x 3-bedroom Penthouse (Approx. 200 sqm)Spacious Carpark: Boasting over 100 sqm, the dedicated parking area provides ample space for tenants and visitors, ensuring convenience and accessibility.Features and Highlights: Strategic Location: Situated in the vibrant and bustling area of Patong, this property benefits from its proximity to key attractions, businesses, and the renowned Patong Beach.Versatile Unit Sizes: The property's diverse range of unit sizes caters to various preferences and needs, making it an attractive investment for a broad tenant demographic.Modern Design: Each unit is designed with a contemporary aesthetic, offering residents a comfortable and stylish living experience.Income Potential: With a mix of unit sizes and a prime location, this property presents a lucrative income-generating opportunity in the thriving real estate market of Phuket.This commercial property is not just an investment; it's a gateway to an upscale, dynamic lifestyle in one of Phuket's most sought-after areas

For sale: 1,150 SqM, 23-bedroom hotel in Rawai, Phuket, completed in Aug 2017, This cozy boutique hotel with a café is located in the chic neighborhood of Chalong-Rawai, offering elegance and comfort. It features luxurious rooms, artisanal coffees, and fusion cuisine. The property consists of two buildings on a 1,200 SqM land plot, built in August 2019 and is in excellent condition. Amenities include a lobby café, swimming pool, outdoor parking for 6 cars, CCTV, Wi-Fi, cable TV, a rooftop area, and back-of-house facilities. The sale price includes a hotel license.

A prime commercial opportunity in the heart of Phuket, a three-storey building is now available for sale, boasting a total area of 458 sq.m. This versatile property, which has recently undergone a fresh cosmetic facade renovation, presents an array of possibilities for its future owner. The ground floor of the building is currently configured as a restaurant, offering an inviting space for patrons to indulge in culinary delights. The upper two floors house seven hotel rooms, providing comfortable accommodations for guests seeking a memorable stay. The strategic location of this commercial gem is a mere 650 meters from the renowned Kata Beach, adding significant value to the property. The beach's popularity makes it a hotspot for tourists and locals alike, ensuring a steady flow of potential customers. The property's recent cosmetic repairs enhance its aesthetic appeal, while the versatile layout allows for adaptive use of the premises. The discerning buyer has the freedom to reimagine the space to suit their vision. Whether transforming it into a vibrant karaoke lounge, establishing VIP-cabins on the upper floors of the restaurant, or optimizing the existing hotel rooms with minimal renovation costs, the possibilities are boundless

Resort Nai Yang: Premier 5-Star Hotel and Resort for Sale in Phuket Experience the epitome of luxury with the Nai Yang Resort, a 5-star hotel and resort offering an unrivaled investment opportunity in Phuket's thriving real estate market. This prestigious property, perched elegantly near the tranquil Nai Yang Beach. It's an investor's dream—a blend of lucrative business potential and exquisite lifestyle choice. Strategic Location for Hospitality SuccessPositioned just a short journey from the Phuket International Airport, The resort captures the essence of a secluded paradise while remaining accessible to the island's rich tapestry of attractions. This strategic location secures its status as a coveted destination for tourists and an exceptional choice for investors. State-of-the-Art Facilities and Amenities- Welcoming Lobby & Reception: The heart of the resort, where timeless Thai elegance greets every visitor.- Deluxe Recreational Offerings: From the tranquility of our pools and the luxury of our onsen to the warmth of our sauna, we offer a sanctuary for relaxation and enjoyment.- Exclusive Dining Experience: Benefit from our collaborative dining services, providing an array of culinary delights to guests, complete with convenient transport to the finest local eateries.- Premier Guest Services: Ensuring a seamless stay with amenities like complimentary Wi-Fi, spa, airport transport, and a dedicated concierge service. Diverse Accommodation Portfolio for SaleThis hotel and resort sale includes 75 exquisite accommodations, designed to offer privacy and luxury:- Deluxe Pool View Rooms: A perfect blend of comfort and elegance across a spacious 39.06 sqm layout.- Pool Access Villas: Your private 55.55 sqm villa affords direct access to the pool, merging indoor luxury with outdoor splendor.- Private Pool Villas: The ultimate 140.50 sqm retreat, offering a personal pool and the utmost in exclusivity. Investment Excellence in Phuket's Hotel MarketT-Villa Nai Yang not only presents a unique lifestyle but also a remarkable investment in Phuket's hotel and resort market. With robust tourism growth and a strong position in the luxury segment, this property is primed for investors seeking to capitalize on Phuket's hospitality boom. Your Opportunity to Own a Tropical Luxury HotelAs a beacon of high-end tourism and a hallmark of architectural beauty, T-Villa Nai Yang stands ready for its next visionary owner. This is more than a property—it's a legacy in Thailand's world-famous resort destination. With this description, the key terms "hotel for sale" and "resort for sale" are emphasized to attract investors specifically looking to purchase hospitality properties in Phuket. The SEO strategy remains focused on those likely to invest in a luxury hotel and resort.