Grand Asset Hotels Responds to Sheraton Hua Hin Lease Termination

Grand Asset Hotels and Property (GRAND) has issued a formal response regarding the recent termination of its lease agreement for the Sheraton Hua Hin hotel by the Grand Royal Orchard Real Estate Investment Trust (GROREIT).

According to a report by Prachachat Business, the company maintains that it consistently fulfilled its rental payment obligations throughout the COVID-19 pandemic, despite facing significant financial losses during that period. GRAND stated that it submitted a proposal to resolve the ongoing dispute on October 9, 2026, but noted that both parties have yet to reach a mutual agreement.

For residents and travelers, this dispute highlights potential uncertainty regarding the operational status or management of the Sheraton Hua Hin. While the property remains a prominent fixture in the local tourism landscape, the legal and financial friction between the operator and the trust could lead to future changes in management or service delivery.

At this stage, it remains to be confirmed how the lease termination will impact day-to-day hotel operations and whether a new agreement can be negotiated to avoid further disruption. Stakeholders are awaiting further updates from both GRAND and GROREIT as the situation develops.