Hotels in Thailand Face Crisis as Business Closures Jump 42%
BANGKOK – Thailand’s hospitality industry faces severe financial strain as it enters the traditional peak travel season across the country. A comprehensive new economic study from the Kasikorn Research Center reveals that hoteliers are struggling under heavy debts, aggressive pricing battles, and surging daily operational costs. These compounding obstacles mean that higher tourist arrival figures…
We haven't written up this one. Chiang Rai Times has the full story — the link below goes straight to it.
