Khaosan-Based RBT Files for IPO to Expand Nationwide Hotel Portfolio
Rambuttri Rungruang (RBT), a hospitality operator in Bangkok's Khaosan area, has filed for an IPO of up to 300 million shares to fund national expansion.
According to a report by Prachachat Business, Rambuttri Rungruang (RBT), a company known for its hotel and restaurant operations in the Khaosan and Rambuttri areas of Bangkok, has officially filed for an Initial Public Offering (IPO). The company plans to offer up to 300 million shares to be listed on the Stock Exchange of Thailand (SET).
The primary objective of this capital raising is to finance the expansion of the company's tourism and hospitality business across Thailand. This move marks a significant transition for the local operator as it seeks to scale its brand beyond its established presence in the capital's popular tourist districts.
Financial disclosures included in the filing reveal that for the first six months of 2026, the company recorded a profit of 31.98 million baht, representing a decrease of 45.42% compared to the previous period. For travelers and residents, this expansion could signal the arrival of new accommodation options under the RBT brand in various tourist destinations throughout the country. However, the timeline for the IPO, the specific locations for new hotel developments, and the final valuation of the shares remain to be confirmed as the regulatory review process continues.
