Bangkok hotels on the decline

BANGKOK hotel occupancy and room rates dropped to their lowest levels in history last year, according to the Thai Hotels Association (THA).

THA president Prakit Chinamourphong cited Horwath International’s Regional Outlook report, which said that Bangkok hotels ran at an average occupancy rate (AOR) of 53 per cent and average daily rate (ADR) of US$93 last year, down from 54 per cent and US$91 in 2009.

“These are the lowest levels ever experienced,” he said.

Other South-east Asian cities beat Bangkok in the rankings, according to the report.

Last year, Manila’s AOR was 72 per cent and its ARR was US$113, Hanoi/Ho Chi Minh City’s was 64 per cent and US$126, Singapore’s was 83 per cent and US$198, Kuala Lumpur’s was 68 per cent and US$111, while Jakarta’s was 68 per cent and US$79.

Prakit said Bangkok hotel rates had always been among the top three in the region before the multiple crises over the last few years.

Oversupply and a burgeoning number of non-licensed hotels further aggravated the situation, he added.

– Read more in TTG Asia, February 11

By Sirima Eamtako

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