As the economy implodes, manufacturing declines and the Thai economy goes down the toilet, many businesses are focusing on tourism as the last hope. All while FDI moves overseas and travellers choose alternative holiday destinations. Thailand has built far too many hotels, restaurants and bars to cater for the number of visitors. This can be easily seen in places such as Pattaya where many establishments have few, or no, customers to sustain their operations. Desperate times as prices rise and debt levels reach new highs.
