Thailand is among the first countries in Asia to reopen for foreign arrivals

Published on : Friday, November 26, 2021

Thailand is among the first countries in Asia to reopen for foreign arrivals. The country is now witnessing a slow recovery, with new hotels presenting longer stays for individual travelers.

In the first 10 months of 2021, Thailand witnessed 106,117 foreign tourists, going down from 6.7 million in 2020. Before the pandemic, Thailand witnessed about 40 million visitors every year.

Hospitality firms like Asset World Corporation Pcl, which opened its 19th property this month, had the majority of its bookings coming from Western countries and the Middle East.

“About 70 percent of total bookings came from Europe, including Germany, UK, Scandinavian countries, followed by the US, Middle East, and Asia,” said chief executive WallapaTraisorat. “For November, we should see 30 percent occupancy, and in the fourth quarter we hope to see better momentum from the reopening.”

Thailand relies a lot on tourism. In 2019, 40 million arrivals spent 1.91 trillion Thai baht ($57.3bn).

Centara Hotels and Resorts planning to open a 1.1 billion baht hotel ($30m) in the island of Samui in December.
The property expects most guests to be locals on longer stays initially, said Centara Hotels Chief Financial Officer Gun Srisompong.

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