Third wave of Covid-19 devastates Thai hotel industry – May and June 2021 only 6% occupancy

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Third wave of Covid-19 devastates Thai hotel industry – May and June 2021 only 6% occupancy

The Thai Hotel Association has reported that hotel occupancy for May and June is just 6%.

In the Central Region in May it was 10% and in the South just 3% giving this average that is expected to continue in June, said THA chief Marisa Sukosolnunphakdee.

She appealed for more government assistance for the ailing sector, reported Thansettakij.

Some 57% of hotels have stopped taking bookings altogether as the third wave of Covid-19 infection continues to devastate the country.

At the moment only 38% of hotels nationwide are operating normally with 41% operating in some capacity and 20% closed temporarily.

They are only expected to re-open in the fourth quarter – that’s from October 1st that will coincide with plans to open the country according to PM Prayuth Chan-o-cha’s 120 day plan.

The business media also noted that 63% of hotels that are open right now are not even making 10% of revenues compared to pre-pandemic income in 2019.

Only 18% have 50% of revenue compared to then.

These are mostly in the “hospitel” scheme that has seen a 30% occupancy bucking the trend of most THA hotels.

source: https://forum.thaivisa.com/topic/1221173-third-wave-of-covid-19-devastates-thai-hotel-industry-mayjune-only-6-occupancy/