High-end Hotels Plan Rate Hike Amid Tourist Surge

[Jonathan Swift]

1 hour ago, Burma Bill said:

 

thailand - the hub of GREED!

Really? Thailand is no different what any other capitalist country. Price is set subject to supply and demand forces. It has nothing to do with greed. It's purely business. Maybe you should go back to school, it seems this most basic economic principal has flown over your head. 

[john donson]

oh thailand

 

no customers, raise price

 

lot's of customers, raise price

 

thai economics 1 o 1

[BritScot]

3 hours ago, Dave0206 said:

If you want to travel in high season expect to pay hotel and air transportation @ a higher rate its been pointed out its merely supply and demand. 

Any parents that can only travel @ school holidays will testify to that.

Luckily for most of us oldies who still work we choose our holidays when work colleagues don't want so we can book well in advance at cheaper times

News flash for you. It is no longer a thing to book well in advance to get cheap flights. I did that last year and lost £700 to save a further £400. Ie cancel and rebook the new booking was £1100 cheaper. The cheap time to book now is 3 months before you fly.

[marin]

2 hours ago, Burma Bill said:

thailand - the hub of GREED!

Another guy with too wide of a brush. Thailand has some of the best hotel deals in the world. Much less than many countries. Do you stay in 5 star hotels, I really doubt it as those staying in them dont care. Take a 2, 3, or 4 star hotel and you will always get one heck of a deal unless its the coming high season normally beginning the first week of December. 

[Shocked farang]

6 hours ago, bkk6060 said:

Most of the upper Marriotts are around 8,000 b a night starting next month.

JW is 9,000 and up.

Yes, tourists are willing to pay it.

 

 

I'm not. 

[Dave0206]

14 minutes ago, BritScot said:

News flash for you. It is no longer a thing to book well in advance to get cheap flights. I did that last year and lost £700 to save a further £400. Ie cancel and rebook the new booking was £1100 cheaper. The cheap time to book now is 3 months before you fly.

There is no magic date when price is best but airlines are not stupid certain dates are almost guaranteed to be sold out so prices normally will rise as aircraft fills up.

Your ticket being in excess I assume £2000 up business class .

Other factors are competition ie is your destination covered by many carriers? 

If not airlines act more and more like budget carriers charging for seats exorbitant cancellation or flight change fees.

Myself I book when I am happy with price looking now and again but never see it drop significantly plus I've read conditions so usually 200 to 250 loss if I cancel

[kennypowers]

65% occupancy rate is still some way off fully booked. I wonder what level of occupancy a 4 or 5 star hotel needs to be profitable?

[Dave0206]

3 hours ago, Frankie baby said:

Accommodation wise, Thailand as always been very good value. However, I expect the block-bookings in the upper-class hotels will bring down the inflated walk-in prices.

I should assume most members on here either live in Thailand or regularly visiting so we know where to stay and what we will get for our money. 

Funny thing is I've tried walking in to hotels asking price and being told price x and when I point out agoda is y price they will not budge even though I quickly take my phone and book in front of them now -15% commission for them.

Either no authority to lower price but usually don't give a sh"t its not there loss

[BigStar]

3 hours ago, lordgrinz said:

 

Wasn't it just last week that the Hotel Industry were crying to TAT to help them because of low bookings?

 

Distress came mainly from the lower end of the market. The rise in rates at the top should help steer more guests their way. 

[AustinRacing]

Logically and morally prices should go down when you have lots of customers and should go up when you have less to make up for it. 

[bradiston]

7 hours ago, bkk6060 said:

Most of the upper Marriotts are around 8,000 b a night starting next month.

JW is 9,000 and up.

Yes, tourists are willing to pay it.

 

 

What I was paying for a one bed condo in Pratamnak a month! Ok, hardly like for like if you want maid and room service, but I got plenty of that off Thai Friendly.

[Skeptic7]

5 hours ago, lordgrinz said:

 

Wasn't it just last week that the Hotel Industry were crying to TAT to help them because of low bookings?

Right on...it's BS. This entire article says exactly that. Bookings down...but some operators expecting a mediocre rise for high season. They're really going out on a limb there❗Good luck with the gouging. 

[George FmplesdaCosteedback]

Most rich people planning a stay in a high end hotel didn't get rich by throwing their money away.

An untimely hike in room rates will not go down well and is likely to be a very short sighted move.

There are now many more alternative places to holiday without being exploited.

This is just another shot in the foot.

[Gknrd]

Hard to believe the Chinese will pay those prices. Must be a lot of rich Chinese heading south.

[NoshowJones]

20 hours ago, Tongjaw said:

Why? Happens in every other country, flights, accommodation all rise with demand. 

Just pure greed, capitalism will always rule.

[lordgrinz]

6 hours ago, George FmplesdaCosteedback said:

Most rich people planning a stay in a high end hotel didn't get rich by throwing their money away.

An untimely hike in room rates will not go down well and is likely to be a very short sighted move.

There are now many more alternative places to holiday without being exploited.

This is just another shot in the foot.

 

I honestly don't know why tourists keep coming back here, the first visit was ok, but after that my view of Thailand has gone downhill ever since. I just don't see the attraction, unless you are an aging expat who wants chase young girls around and sit on a barstool every night.

[cheerz]

Increasing accomodation costs for tourists will solve the problem right 

When bookings stop what then, put them down again. 

[Jiggo]

On 10/17/2024 at 8:53 AM, bkk6060 said:

Most of the upper Marriotts are around 8,000 b a night starting next month.

JW is 9,000 and up.

Yes, tourists are willing to pay it.

 

 

How long do these people stay in luxury hotels, like most tourists are walking around temples or such like in the heat, laying on the beach, shopping or on the piss just like the rest of us.

[Jiggo]

5 hours ago, lordgrinz said:

 

I honestly don't know why tourists keep coming back here, the first visit was ok, but after that my view of Thailand has gone downhill ever since. I just don't see the attraction, unless you are an aging expat who wants chase young girls around and sit on a barstool every night.

Answered your own question there.

[bkk6060]

59 minutes ago, Jiggo said:

How long do these people stay in luxury hotels, like most tourists are walking around temples or such like in the heat, laying on the beach, shopping or on the piss just like the rest of us.

People with money who don't care about the cost of a luxury hotel.

Difficult for those who live in fan rooms to realize.

 

Edited October 18 by bkk6060

[itsari]

Good news for short term rentals.