Research

Bangkok Hotels Market Update Q2 2024

Read our latest snapshot of the Bangkok hotel property market.

August 31, 2024

Contributors:

Rathawat Kuvijitrsuwan
Marina Bracciani

Highlights

Foreign visitation above pre-pandemic with increased Chinese tourists
Bangkok hotel rooms supply expected to grow at a 3.3% CAGR by 2027
Bangkok hotels exceed pre-pandemic levels in trading performance
Outlook: Bangkok hotel market to remain resilient but Q3 2024 could be challenging

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