Thai Country Club is a joint venture between the Phataraprasit Group and the The Hong Kong and Shanghai Hotels, Limited. The Phataraprasit Group is a Thai-owned business conglomerate with extensive business interests in the north of Thailand, primarily in the distilling industry. The group expanded its interests into banking, ceramics, property development, investment, and retailing. The Hong Kong and Shanghai Hotels, Limited was originally incorporated on the Hong Kong stock exchange. The principle business of the company is the ownership and management of luxury hotels, such as the Peninsula Group, prime residential and commercial property and club management and consultancy services.