Best August Ever for Thai Hotels But New Supply a Future Threat

Thai hotels recorded their best-ever August occupancy rate at 81% while revenue per available room rose 6% over last year, according to STR.  The reason is simple – a record 3.13 visitors for the ‘low-season’ month.  But Thai hoteliers need to make hay while the sun shines. STR says Thailand has 100 hotel projects in the pipeline (21,615), equivalent to 11% of the country’s existing hotel supply.  

Share and Enjoy:
Tweet about this on TwitterShare on FacebookEmail this to someoneShare on StumbleUponShare on Google+Share on LinkedInDigg thisShare on Reddit

Leave a Reply

Your email address will not be published. Required fields are marked *