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Hotel Market - Looking Toward The End Of 2007
Total tourist arrivals to Thailand increased by only 2.3% in the first eight months of 2007, compared to the first eight months of 2006. The resort hotel markets performed well, but Bangkok suffered with lower occupancy rates, according to the latest CB Richard Ellis’ Thai hotel report. More hotels are being built in both Bangkok and the resort markets. Investors and international hotel operators remain positive about the long term prospects for the Thai tourism market despite recent weaker performance.The number of tourist arrivals increased to 9.59 million in the first eight months of 2007 up from 9.37 million during the same period of time in 2006. European arrivals grew by 14.3% in the first six months of 2007. East Asian arrivals were down by 3.9% and South Asian increased by 10.5% during the same period last year.Thailand has been successful in attracting visitors from some new markets. The number of visitors from Russia increased to 139,000 in the first six months, a 51% increase year-on-year. India is now a growing market with about 265,000 visitors in the first six months, an increase of 14% from the same period last year. Middle East arrivals were also up 20% on a year-on-year basis.There were weaknesses in other markets. Visitors from Malaysia dropped by 12%, Japan by 7%, and China by 18%. China is one of Asia’s fastest growing markets with 37 million Chinese expected to travel overseas this year. In the first six months, Thailand only attracted about 2% of the total Chinese overseas travellers.“We expect that overall occupancy rates for Bangkok’s four and five star hotels will only be 70% in 2007 compared to 75% in 2006,” said Mr. Navaphol Viriyakunkit, head of Research Services at CB Richard Ellis Thailand. The reasons for low occupancy rates have been political uncertainties, the New Year’s Eve bombings and a weak economy.The average room rate for four and five star hotels in Bangkok has increased slightly in Baht terms by 2% year-on-year, but the appreciation of Thai Baht against the US dollar has increased the rate in US dollar terms by more than 10% from last year. It is likely that rate will hit $170 per night at the end of 2007 compared to about $158 at present. Some hotel operators are going to
Popular Thailand Hotels & Resorts
| Ayutthaya |
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| Ayutthaya is undoubtedly one of the most culturally and historically interesting towns within easy reach of Bangkok. Accessible by rail, river and road Thailand’s former capital is a must on any travel itinerary. The superb temples and monuments of this great city have been lovingly restored in Ayutthaya, More... |
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| Bangkok |
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| Bangkok has a feast of attractions to offer. The city is dotted with 400 glittering Buddhist temples of great beauty and fascination, magnificent palaces, classical dance extravaganzas, numerous shopping centres and traditional ways of life, especially along the "Venice of the East" timeless canals, More... |
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| Cha Am |
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| Cha Am is a district in the southern part of Phetchaburi province, central Thailand. With an area of about 3000 km² the Kaeng Krachan National Park is Thailand largest national park, covering nearly half of the province. It protects mostly rainforests in the mountains along the boundary to Myanmar More... |
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| Chanthaburi |
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| Chantaburi may be better known as the city of fruits than a beach destination but that does not mean the city's attractions are less appealing than any other place in Thailand. Blessed with fertile land, this coastal city does not only have tranquil sandy beaches for weekend but also verdant national, More... |
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| Chiang Mai |
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| Chiang Mai is the largest and most culturally significant city in northern Thailand, and is the capital of Chiang Mai Province. The city stands on the Ping river, a major tributary of the Chao Phraya river. Chiang Mai has become an increasingly modern city, although it lacks the cosmopolitan gloss, More... |
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| Chiang Rai |
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| Chiang Rai is the most northern province of Thailand, today is a travelers paradise endowed with abundant natural tourist attractions and antiquities; the province itself is evidence of past civilization. Attractions range from magnificent mountain scenery, ruins of ancient settlements, historic, More... |
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| Chumphon |
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| Chumphon is a sea coast city parallel to the Gulf of Thailand. It is the gateway to other southern provinces. Along more than 200 kilometres of Chumphons seashore, there are many beautiful and picturesque beaches. Still maintaining the natural beauty, the province is best for those who seek relaxation, More... |
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| Hat Yai |
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| Hat Yai. It is a big commercial hub of southern Thailand with more than 150,000 populations living in the city.The city has a large number of hotels. It is a centre of communication, transportation and entertainment with shopping malls, coffee shops, bars and restaurants scattering the town. The city, More... |
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| Hua Hin |
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| Today, Hua Hin is a well-established beach destination with word-class facilities coupled with a true sense of Thai hospitality. Despite its expansive growth and development as a luxurious destination, the splendor of Hua Hin remains intact. Remaining content in itself, Thailand's oldest seaside, More... |
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| Kanchanaburi |
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| The magnificent landscape and charming beauty of Kanchanaburi have resulted in major tourist attractions including several well-known waterfalls, caves which were once inhabited by Neolithic man, pristine national parks, tranquil rivers, virgin forests, and reservoir. Together, they offer an intrigu, More... |
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| Khao Yai |
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| Khorat has an abundance of natural attractions in its forests, hills, wildlife and waterfalls that are easily accessible in locations such as Khao Yai National Park. It lies largely in Nakhon Ratchasima Province (Khorat), but also includes parts of Saraburi, Prachinburi and Nakhon Nayok provinces., More... |
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| Khon Kaen |
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| Khon Kaen is the commercial, administrative an educational centre of the Northeast, which is often used by travelers as a base for visiting many parts of upper Isan. Khon Kaen is the centre of the northeastern silk industry with numerous villages producing their own mudmee designs. Chonnabot is note, More... |
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| Koh Chang |
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| Most of the scenic beaches and bays are on the west side spreading from the north to the south they include Ao Khlong Son , Hat Sai Khao , Hat Khlong Phrao and Hat Kai Bae. A road cuts through the western shore almost reaching Hat Kai Bae where there is a nature trail passing through Ao Bai Lan and, More... |
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| Koh Kood |
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| Its natural features include mountains and plains where many streams originate and become waterfalls. One famous waterfall is Nam Tok Khlong Chao, which flows throughout the year and is an ideal place for swimming as it is comprised of 3 tiers; of which the upper two tiers are running streams, More... |
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| Koh Phangan |
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| Koh Phangan is an island off the eastern Gulf coast of Thailand, halfway between the islands of Ko Samui and Ko Tao. It is known as a land of coconut trees and another ideal destination for travelers who prefer less crowded, more private beaches set in a laid-back atmosphere., More... |
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| Koh Samet |
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| Ko Samet offers extensive pristine beaches with clean white sand and strangely shaped rocks. A haven for relaxation, this T-shaped island is a perfect retreat for those looking for sun, sand and sea. The climate is always pleasantly cool with an abundance of rain in August and windy monsoons in May., More... |
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| Koh Samui |
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| Ko Samui is Thailand's second largest island (229km² - only Phuket covers a greater area) and all in all a fairly big place. The most popular and commercialized beaches are Chaweng and Lamai, while the northern beaches and their adjacent villages of Mae Nam, Bophut, Bang Ruk (Big Buddha) and Choeng, More... |
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| Koh Tao |
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| A small isolated island situated 45 kilometers to the north of Ko Pha-ngan, Ko Tao was once used as a prison for instigators of the Bavordet coup. The island is famous for its rich sea coral reefs and inhabitants and secluded beaches set in a laid-back atmosphere. Ideal for snorkeling and diving, More... |
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| Krabi |
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| Krabi is the location of two world class beaches Ao Nang and Hat Rai Le which offer numerous diving trips, restaurants, shops etc. Additional attractions in the province are stunning limestone cliffs and rock formations which make it a heaven for rock climbers and a National Park located approximate, More... |
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| Lampang |
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| The neighbouring province of Chiangmai, Lampang is located in the mountain terrain within the river valley of the Wang River. It is famed for producing fine ceramic products. For tourists, this is the only place in Thailand where you can tour the city on a horse-drawn carriage.The horse will take you, More... |
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| Mae Hong Son |
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| MAE HONG SON is nestled in a deep valley hemmed in by high mountain ranges, Mae Hong Son has long been isolated from the outside world. Virtually covered with mist throughout the year, the name refers to the fact that is terrain is highly suitable for the training of elephants., More... |
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| Nakhon Si Thammarat |
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| Nakhon Si Thammarat was once the centre of Buddhism in southern Thailand during the Srivijaya period in the 3rd century. The evidence is shown in many temples in the city.Thailand's nielloware industry flourishes in Nakhon Si Thammarat where it originated. You may wish to explorer the magnificent, More... |
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| Nakhonratchasima |
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| Nakhon Ratchasima, generally known as "Khorat", is Thailand's largest province situated on sprawling northeast plateau.The city itself serves as the gateway to the lower I-San region. It is currently the main transportation, industrial and economic hub of the Northeast. Khorat boasts one of the fine, More... |
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| Nakornnayok |
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| Nakhon Pathom is known as one of Thailand’s oldest cities. Today evidence of its glorious past may be hard to find but the city still makes for an interesting day-trip.The province features an ancient religious structure called "Phra Pathom Chedi", the first religious landmark that signified, More... |
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| Nakornpathom |
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| Nakhon Pathom is known as one of Thailand’s oldest cities. Today evidence of its glorious past may be hard to find but the city still makes for an interesting day-trip.The province features an ancient religious structure called "Phra Pathom Chedi", the first religious landmark that signified, More... |
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| Pattaya |
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| Pattaya has emerged as the favorite Southeast Asian vacation center. A fascinating escape where tourists, holiday makers and vacationers from around the world unfold an incomparable array of possibilities to unwind during an exotic holiday beach vacation. Unlike other beach resorts, where natural, More... |
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| Phang Nga |
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| Phang-nga's andaman coast offers parks of a different kind. The island groups of Surin and Similan are renowned for their beautiful unspoilt beaches and spectacular underwater scenery, attracting divers from around the world. Most famous is Ao Phang-nga National Park, a geological wonder filled, More... |
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| Phetchabun |
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| Phetchabun is a province with rich tourism potential. Its climate is pleasant due to the mountainous and forested areas and it has a history of richness and prosperity for more than 1,400 years. As and Sukhothai styles have been discovered. It is divided into the following districts: Muang, Lom Sak, More... |
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| Phetchaburi |
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| Phetchaburi is well known for its splendid historical park, ancient temples, wonderful beaches and caves, as well as a great variety of local and fresh seafood. Phetchaburi also has a popular resort town, Cha-am which is the premier beach resort in the province., More... |
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| Phitsanulok |
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| Phitsanulok is undeniably an important hub and an ideal base for travelers wishing to explore the lower North and western Northeast. Phitsanulok, however, is not just a stopover for tourists, but is a province with promising tourism opportunities., More... |
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| Phuket |
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| Phuket has a lot more to offer its visitors other than its natural heritage sea, sand, sky, beach, forest, and world renowned diving sites. Sino-Portuguese architecture casts its spell delighting travelers to the city, while Phuket-style hospitality has never failed to impress visitors from all walk, More... |
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| Prachuap Khiri Khan |
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| The provincial capital is a fishing port with a superb location beside beautiful curving bays and amongst steep mountain outcrops. About 100 kilometres to the north of Prachuap Khiri Khan is Hua Hin, Thailand's first beach resort which is renowned for golf and spa. Between Hua Hin and Prachuap Khiri Khan, More... |
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| Rayong |
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| Covering a total area of 3,552 square kilometers, Rayong borders Chonburi Province on the north and the west, the Gulf of Thailand on the south, and Chantaburi Province on the east. Most of the land is marked by a series of mountains interspersed by flat plains and large tracts of forest and fruit, More... |
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| Songkhla |
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| The city of Songkhla today is a simple country town compared with the hustle and bustle of Hay Yai. Even so, there are museums and archaeological and historical sites. Many parks grace the center of the city. The beaches facing the Gulf of Thailand, especially those Laem Samila show another aspect, More... |
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| Sukhothai |
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| Located in the lower part of northern Thailand, Sukhothai, which literally means the "Dawn of Happiness", is really a peaceful town. Historically, this is the site of the first capital of Thailand and One of the most beautiful Loy Krathong Festival.b The Sukhothai Historical Park is the main attract, More... |
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| Surat Thani |
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| The southern commercial centre of Surat Thani offers little for the casual visitor but it is only a short journey by ferry to the beautiful islands of Koh Samui and Koh Pa-Ngan,there is also a lively nightlife on the island. The nearby city of Chaiya, one of Thailand's oldest cities is worth a day, More... |
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| Uthai Thani |
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| Uthai Thani is a province abundant in natural resources, such as forests and wildlife. "Huai Kha Khaeng Wildlife Reserve" here was proclaimed a Nautral World Heritage Site. Due to the verdant nature of the area, Uthai Thani is a province with unspoiled natural tourist destinations that are of interested, More... |
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| Trang |
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| Trang Province is truly an emerging fascinating tourist destination with numerous jungles, mountains and waterfalls.The City also has numerous attractions. Walking around Trang City, visitors will be amazed at the mixture of Western, Chinese and Thai cultures reflected in the architecture that range, More... |
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