Hitkub Hua Hin

Ongoing story · Updated 27 Oct 2026

The Sheraton Hua Hin lease dispute

The trust that owns the Sheraton Hua Hin Resort & Spa on Petchkasem Road has sued its tenant and the income guarantor after the lease ended. Here is how the dispute unfolded.

Timeline

  1. 17 Aug 2026

    The trust manager notifies the tenant and income guarantor GRAND that the June 2026 rent instalment of about ฿5.4 million, due 14 August, has not been paid.

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  2. 11 Sept 2026

    The trustee serves formal notice demanding handover of the hotel, its operating licence and unpaid rent with interest by 10:00 on 12 October.

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  3. 9 Oct 2026

    The tenant, Honor Business, sends the trust a proposal on keeping the hotel running and handing over in an orderly way. GRAND says no agreement followed.

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  4. 11 Oct 2026

    The lease to Honor Business expires.

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  5. 15 Oct 2026

    The trust announces termination of the lease and related agreements and files suit at the Bangkok South Civil Court against Honor Business and GRAND. It seeks possession, the transfer of licences and a ฿11.9 million monthly security deposit.

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  6. 20 Oct 2026

    GRAND responds to the disclosure, saying pandemic losses made the rent unsustainable and that both companies acted in good faith.

    Source