More hotel closures expected in Thailand if pandemic drags on

[spidermike007]

Of course thousands of hotels will go under, or be sold at heavily discounted prices. Many already have. We could call it the Great Prayuth inferiority. 

 

Trillions of dollars in infrastructure is on the line here. And the extremely timid authorities could not have done a better job of sabotaging a once vital industry if they had been making a effort to do so. 

 

Staggering malfeasance. A historic economic disaster, and Covid is only one part of it. A convenient scapegoat for sure.

 

There is far more than meets the eye, going on here. 

[NeoDinosaw]

4 hours ago, richard_smith237 said:

I’m not sure how many Sandbox entries were projected, however I did read a report previously that stated there were 20,000 sandboxe arrivals (as of mid August) - so its feasible that that number is now closer to 35,000 International Arrivals. 

 

The flight I arrived on had about 240 passengers.

 

The island is still ‘deathly quiet’ - that said, the Sandbox was never intended to reinvigorate tourism, it was intended to ‘test’ if foreign arrivals could enter Thailand without bringing in and spreading Covid-19, to that extend the test is successful. 

Now that they have demonstrated that foreign arrivals do NOT bring nor spread Covid-19,  why do the authorities not open the country up  ?

[StayinThailand2much]

7 hours ago, DonniePeverley said:

In step the Chinese to knock them and build condo after condo. Even building condos on the beach front. Even condos over the water. Just one gigantic souless condo. 

Soon it will look like China's megacities; dozens of 30-storey high-rise buildings, but mostly deserted ...

Edited September 11, 2021 by StayinThailand2much

[3NUMBAS]

not surprisng with swampy still empty and unlikely to pick up soon ..eggs in 1 basket bla     bla bla

[StayinThailand2much]

8 minutes ago, NeoDinosaw said:

Now that they have demonstrated that foreign arrivals do NOT bring nor spread Covid-19,  why do the authorities not open the country up  ?

The Indians aren't ready yet, and the Chinese aren't allowed to travel abroad ...

[hotchilli]

8 hours ago, webfact said:

Although hotels in Thailand saw a slight uptick in occupancy rate nationwide in August, alongside an increase in the number of active hotels, a majority of hoteliers will either close business temporarily or permanently if the pandemic continues to drag on, according to a recent survey.

They needed a a survey to work that out?

 

[Sydebolle]

Well, the empire will strike back - trust me on this!

Those hotels, or for that matter, any surviving business, will have absorbed billions if not trillions of Baht of losses. 

Those losses will be carried forward in their accounting records and result in a more than wafer thin revenue base for the boys in the parliament and then there will be no more submarine shopping. 

[ChipButty]

Whatever they decide the government is about to lose millions in tax revenue just in Phuket alone

[klauskunkel]

Quote

More hotel closures expected in Thailand

Nice buying opportunity for any general of either variety, military or police.

[metisdead]

A post using a derogatory trolling reference to the Thai people has been removed.

 

An off topic post about the UK and a reply has been removed. 

[ChrisKC]

8 hours ago, Gsxrnz said:

The irony is they only found 234 operators to survey.  Data from 2016 suggests there are (or at least there were) over 10,000 registered hotels in Thailand.

And another 50,000 unregistred ones

[tigerfeet]

7 hours ago, nkg said:

 

The Thai Baht is down 10% in the last 6 months against the USD, EUR and GBP.

Needs to go a lot further to encourage tourists from USA and Europe 

[jippytum]

The Thai government and immigration have always been paranoid about foreigners having any rights with regard to land and property ownership. It is therefore amazing to witness the Chinese takeover of property and local businesses in recent years .Most of the income from Chinese tourists  has been retained by Chinese owned companies with little benefit to the local economy.

Many large companies in Thailand are owned by second generation Chinese.

Short sited government policies ruled by greed give China a massive advantage in government to government  purchases often to the determent of the Thai people .

[aussienam]

9 hours ago, DonniePeverley said:

In step the Chinese to knock them and build condo after condo. Even building condos on the beach front. Even condos over the water. Just one gigantic souless condo. 

Sihanoukville comes to mind as to how a place can be totally trashed when governments welcome Chinese development.  

All we need in Pattaya are casinos and you can welcome mafia, corruption on steroids (it already is), shootings, murders, kidnappings, robberies etc .... yes I know we already have this but much much worse.  

[Bkktodd]

8 hours ago, Henryford said:

The hotel business will not improve until they stop all these stupid restrictions. I would like to go for a hotel break now but am holding off in case i am forced to have PCR tests or quarantine.

Why worry about a pcr test.  If it were postive  you shouldnt be traveling anyhow.  Quarantine should be the only downer

[milesinnz]

9 hours ago, DonniePeverley said:

In step the Chinese to knock them and build condo after condo. Even building condos on the beach front. Even condos over the water. Just one gigantic souless condo. 

whatever you do, do not mention Evergrande... possibly the most spectacular failure in Chinese current economic history..

[aussienam]

1 hour ago, StayinThailand2much said:

The Indians aren't ready yet, and the Chinese aren't allowed to travel abroad ...

Not looking forward to the daily return of hundreds of intimidating and poisonous diesel spewing coaches stuffed with Chinese tourists, who will always live up to their reputation of rudeness, shouting, spitting and shoving.  All races of people have bad examples, but for China it seems it is ingrained in their psyche to behave badly. Seen it way too many times.  

Edited September 11, 2021 by aussienam

[Moti24]

More hotel closures expected in Thailand if pandemic drags on

 

It's only dragging on because the government failed to get on top of the situation in the first place.

 

I can't see there is anyone else to blame.

[zzaa09]

2 hours ago, hotchilli said:

They needed a a survey to work that out?

 

And not a very accurate survey at that.

[DonniePeverley]

8 hours ago, Scrotobike said:

For sure - not knock them down just convert them into "airbnb" for the mass invasion oops I mean tourists planned by the CCP. All rented from China, paid in China etc. But I am sure the restrictive ownership laws in Thailand will be stuffed (in a brown envelope)

 Say goodbye to Pattaya beach too. They will sand over the water and build more condos there. 

 

Enjoy Phuket, Patong Beach, Kata Beach, Karon beach? It will be gone. The Chinese will cement over the ocean and build more condos. 

 

Enjoy Nana plaza? It's on it's last legs ... it will be replaced by a Chinese owned condo. 

[StayinThailand2much]

20 minutes ago, aussienam said:

Not looking forward to the daily return of hundreds of intimidating and poisonous diesel spewing coaches stuffed with Chinese tourists, who will always live up to their reputation of rudeness, shouting, spitting and shoving.  All races of people have bad examples, but for China it seems it is ingrained in their psyche to behave badly. Seen it way too many times.  

I tell you what, when I lived in China, even some Chinese people there told me about the bad reputation and behaviour of Chinese abroad. And I heard, when travelling to both, Hong Kong, and New Zealand, how unpopular mainland Chinese are because of their rudeness, and because of not following rules in the countries they travel to (e.g. driving on the wrong side on purpose).

[geisha]

2 hours ago, bougnat said:

Covid has brought the tourism industry to its knees and this government has given it the coup de grace.

Thailand and its shanty town shops, and the hotels will soon be joining them. No money, no maintenance, a country ruined by its governments mistakes !

[kimamey]

7 hours ago, BestB said:

Can anyone explain how hotels saw higher occupancy in August when interprovincial travel was restricted. No busses and no flights.

Maybe it was those who couldn't leave.  Probably not but it's a thought.

 

The other reason might be in how they work out the figures. As hotels close then any occupants will hen be moved into the hotels that are still open. There is still the issue that more hotels seems to have been open but with statistics there are a lot of variables that have to be taken into account before you can come to any judgement.

[DoctorB]

6 hours ago, aussienam said:

Not looking forward to the daily return of hundreds of intimidating and poisonous diesel spewing coaches stuffed with Chinese tourists, who will always live up to their reputation of rudeness, shouting, spitting and shoving.  All races of people have bad examples, but for China it seems it is ingrained in their psyche to behave badly. Seen it way too many times.  

Well, after 75 years of Communism anyone with any manners will have been liquidated as a bourgeois long ago. The Russians showed the same unfortunate traits when they first arrived in Pattaya in the '90s.

[zzaa09]

7 hours ago, klauskunkel said:

Nice buying opportunity for any general of either variety, military or police.

But nothing on return - not for a while, anyway.

[Stargeezr]

Considering that COVID is a world wide pandemic, it is not only Thailand where all the hotels

motels, and guest houses are suffering.  Good thing that the hotel owners are a huge group of very 

very rich people.  Even these rich people may not be as rich as they were if they want to keep their

hotels from ruin.  That is why other places in the world are opening up even though the COVID cases

are still high.  Money rules. 

Geezer

[Andrew65]

11 hours ago, stigar said:

In late may a beer in sukumvit was more expencive than a beer in a pub in norway...not surprised..less customers..we double the price..typical thai thinking

 

If you're talking regular prices, there are many things that are cheaper in the UK than in Thailand.

 

An old friend who lived in Hong Kong for 20 years said that the "less customers - higher prices" thing is a south-east Asian mentality, not just Thailand.

[smudger1951]

14 hours ago, bougnat said:

Covid has brought the tourism industry to its knees and this government has given it the coup de grace.

Verý true, it never had to be like this and the government knows it. The endless prevarication over opening up and getting people jabbed up amounts to control and suppression worthy of DPRK.

[smudger1951]

11 hours ago, geisha said:

Thailand and its shanty town shops, and the hotels will soon be joining them. No money, no maintenance, a country ruined by its governments mistakes !

Was'nt this what happened to Myanmar under its strict military rulers for many years closed off to the world.

[zzaa09]

56 minutes ago, smudger1951 said:

Was'nt this what happened to Myanmar under its strict military rulers for many years closed off to the world.

Yet, reasonably prosperous and stable - as a society. 

Burma never had an overwhelming tourism business, so didn't need to imagine itself dependent.