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.
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