Discover the Stability of Real Estate
The real estate reserve backing USDR consists of two operating hospitality assets located in Bangkok, Thailand. These assets are stabilized, income‑producing properties and are not development‑stage projects.
The portfolio has been deliberately selected to prioritize:
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Existing operating history
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Recurring cash‑flow generation
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Prime urban locations with diversified demand drivers
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Professional development and asset management
Both hotels operate under Ramada Plaza by Wyndham brand, benefiting from global distribution systems, brand recognition, and international operating standards.

Ramada Plaza Bangkok Sukhumvit 48 is a full‑service upper‑midscale to upscale urban hotel located in the Sukhumvit 48 area, a well‑established mixed‑use corridor that combines residential density, business activity, and lifestyle destinations. The property benefits from convenient access to Bangkok’s mass transit system (BTS), arterial road networks, and key commercial zones, making it attractive to both international and domestic travelers.


Ramada Plaza Bangkok Sukhumvit 87 is a complementary full‑service hotel asset located further along the Sukhumvit corridor. While operating under the same international brand, S87 serves a slightly differentiated micro‑location and guest profile, enabling portfolio‑level diversification within the same metropolitan hospitality market.

Ramada Plaza by Wyndham Bangkok Sukhumvit 48


Location:
On Sukhumvit Raod
5 min walk from BTS Onnut (Skytrain)
Google Map link
Brand: Ramada Plaza by Wyndham
Managed by: Siamese Kew Green
Number of Keys : 105 Keys
Hotel Open: Q2 2022
Facilities: Restaurant, Spa, Sauna, Swimming Pool, Gym, Library, Roof Garden
Occupancy Rate: ~70%
ADR: USD 52
RevPAR: USD 36
Valuation: USD 26.5m (as of Q1 2026)
Ramada by
Wyndham Bangkok Sukhumvit 87


Location:
On Sukhumvit Raod
5 min walk from BTS Onnut (Skytrain)
Google Map link
Brand: Ramada Plaza by Wyndham
Managed by: Siamese Kew Green
Number of Keys : 145 Keys
Hotel Open: Q2 2022
Facilities: Yoga Room, GYM, Multipurpose Room, Co-Kitchen, Swimming Pool, BBQ Sky Bar
Occupancy Rate: ~70%
ADR: USD 52
RevPAR: USD 36
Valuation: USD 27.9m (as of Q1 2026)
More Asset to be Tokenized in future phases


Development by Siamese Asset PCL and managed by Siamese Kew Green.
CASSIA
RAMA 9 Bangkok
Q1 2027
USD 71.3m
NOVOTEL
Thung Song Hong
Q1 2028
USD 38.3m
Hilton Garden Inn
Ramintra Bangkok
Q1 2029
USD 69.1m























