occupancy
- Tourism
The future of Thailand’s hotels, tough times ahead – VIDEO
Thailand’s hotels are facing a very dark time with the Thai borders still largely closed and many of them remaining closed for business. Whilst some local domestic stimulus has provided a bit of a minor reboot for the battered industry, there is still more than 90% of the rooms in the country remaining unoccupied with staff unemployed, debts and leases…
- Tourism
Travelling domestically in Thailand brings Covid-style hotel accommodations
As Thailand remains closed to international tourists with travel bubbles being postponed indefinitely, the country has shifted to relying on domestic tourism to close some of the gaps in profit losses. As it heavily relies on tourism, which accounts for around 15% of its GDP, hotels are adapting to welcoming domestic tourists by offering Covid-conscious accommodations. But as the popular…
- Bangkok
Forecasts for Bangkok property 2020
A supply influx of new office space is on the way while the overall retail industry faces low consumer confidence. But, in 2019, the number of Chinese tourists to Thailand has started recovering, says CBRE, an international property consultant. Bangkok Office Market The office market in Bangkok continues to perform strongly for this, but CBRE identifies challenges that are heading…
- Hua Hin
Hua Hin “full for New Year”
Talk News is reporting that a local tourism adviser was expecting 100% occupancy in Hua Hin and Cha-Am hotels at New Year. Though it was not just foreigners but many Thais who were visiting in droves this festive season. Runrot Sileuangsawat was quoted as saying that, at the moment, occupancy rates were an average of 80% in the two seaside…
