Thepvong Place Phrae Guesthouse Phrae Hotel Thepvong Place - phrae guesthouse - phrae hotel offers cheap hotel rooms,if you need a cheap hotel our thailand hotel in phrae has cheap accommodation. Located on a quiet soi, in the heart of Phrae, within easy walking distance of the night market, and the banking district of Phrae. Welcome to our hotel in Phrae northern Thailand, where the English speaking owners are only too happy to help you enjoy one of the secret treasures of Thailand.