May 14, 2024
Bangkok hotel occupancy rates near pre-pandemic levels in Q1 2024
Bangkok hotel occupancy rates in Q1 2024 reached 80.7%, close to pre-pandemic levels, driven by MICE travelers and international events. Chinese tourists were the largest group, contributing to 19.4% of arrivals. ADR increased across all segments. The upscale hotel sector performed well, while economy and midscale had limited recovery.