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Third wave of Covid-19 devastates Thai hotel industry - May/June only 6% occupancy


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1 hour ago, SwampyThai said:

At the moment only 38% of hotels nationwide are operating normally with 41% operating in some capacity and 20% closed temporarily. 

So what happened to the other 1%?

bankrupt 

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22 minutes ago, Cadan said:

bankrupt 

the more solvent will survive but the smaller may not.  which will mean the Marriot, Hiltons, ect.  there will be less competition and the prices will rise thus making Thailand an even less attractive bet.  sad.

Edited by malibukid
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2 minutes ago, hotchilli said:

Wait for the borders to open in October... you'll get no assistance what-so-ever... sink or swim will be Prayuts answer.

I guess it's sink for a lot people then?

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