Thai hotels see positive growth as tourists start returning

08-01-23

Hotels expect occupancy rates to start picking up in the second half of this year, especially since travel has become easier and China will lift restrictions.

Hotels in Thailand expect occupancy rates to start picking up in the second half of this year, especially since travel has become easier and China will lift restrictions from Sunday.

The Hotel Business Operator Sentiment Study, conducted by the Thai Hotel Association and the Bank of Thailand last month, shows that most hotels expect their revenue to rise by 10-30%.

The study, which covered 95 hotels, showed that most operators expect to welcome more guests this year.