Cut throat discounts damage industry : TTRweekly

Thai Hotels Association president, Prakit Chinamourpong, said he will ask major players in the Thai hotel industry to end rate cuts as it is “now damaging the country's financial recovery,”. Mr Prakit told THA members, during a THA member ... In the North, especially Chiang Mai, the forward booking occupancy stands at 60%, which is the same as Pattaya. Bangkok stands at 58% to 62.81%, while the 10-month performance, this year, shows a decline of 20% from 65.73% to 52.54%. ...