Rates to rise for first time in four years | Bangkok Post: business

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Rates to rise for first time in four years

Thai hoteliers plan to raise their room rates by 8-10% next year, the first time in four years, to offset rising costs as more perceived local political stability is making tourists more confident, says the Thai Hotels Association (THA).

Sombat Kuruphand (centre), permanent secretary of the Tourism&Sports Ministry, joins Prakit Chinamournphong, president of the Thai Hotels Association (right), to sample foods exhibited at Food&Hotel Thailand 2011.

Normally hotel room rates go up around 5-10% on average per year, but political turmoil from 2008 to 2010 caused Thai hoteliers to freeze their room rates to survive.

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About the author

columnist
Writer: Chadamas Chinmaneevong
Position: Reporter

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