Thailand Hotel Sentiment Survey
By Georgienne Lee on May 20, 2020
Thailand was one of the first Asian countries to be hit with a COVID-19 case, and transmission has since spread to surpass the two-thousand range. The hotel industry has been severely affected and many hotels are closed temporarily for at least a month. It is estimated that international arrivals into Thailand could fall by 10 million by the end of the year.
Horwath HTL has collated sentiment responses from 83 hotels and resorts across Thailand. The report highlights influence of the COVID-19 outbreak on hotel market performance, cost-control measures undertaken and what forms of support are most needed.