GRAND Asset Hotels is divesting The Westin Grande Sukhumvit hotel to RABBIT for up to 494.6 million baht to address severe liquidity constraints. The company has reported consecutive years of losses (2566–2568 losses totaling 2+ billion baht) and faces critical operational threats: unpaid land rental since 2567, a 29 June 2569 lease termination notice from 75% of landowners, and legal disputes over the remaining 25% stake. Proceeds will fund debt service and working capital. This is a material related-party transaction requiring 75% shareholder approval, and sale closure remains contingent on land-dispute resolution.