Bangkok Hotels Market Update 2Q-2023
Tourism recovery is in line with the government’s forecast and should reach 25 million by end-2023.
- Rathawat Kuvijitrsuwan
- Visant Srimanothip
Arrivals show steady month to month recovery as at YTD June 2023
Bangkok welcomes four additional hotels in 2Q23
RevPAR of luxury hotels improves by 167.4% y-o-y
Outlook: Occupancy gradually closing gap with pre-pandemic levels