Optimism rising in Thai hospitality sector
- Filed under News
- Posted on Monday, 29 February 2016 13:36
- By Zac Erawan
Thailand has bounced back from recent political turmoil and reclaimed its spot as a “Hot Spot” for travel. The credit for the turn-around is being given to the recent changes in flight connections, multi-entrance six month visas, expansions on existing airports and increase in investment opportunities in luxury and affordable hotels.
The majority of the influx for tourism is expected to come from China. However, with the new Thailand reganing so much popularity, it is only a matter of time before more Westerners re-discover the treasure trove of experiences that the country has to offer. The hospitality of its people, the cultural antiquity mixed with the modern will draw crowds from around the globe with those wanting to revel in its new found popularity.
Mike Batchelor Managing Director for Investment Sales (Asia) at JLL Hotels & Hospitality Group, tells the Pattaya Mail that
In the luxury sector, demand is very much keeping up with supply. Around 900 new rooms are expected in Koh Samui in the next two years yet occupancy is likely to increase due to better transport connections to the island and a growing number of tourists.
Read the full article here:
Optimism rising in Thai hospitality sector – Pattaya Mail
Zac Erawan
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