The number of hotel rooms in Bangkok grew 12.1% year-on-year with the completion of six new hotels in the first half of 2013, lifting the total to 37,500 in downtown Bangkok, according to the latest survey by CBRE Thailand, a leading international property consultant.
CBRE estimated the would be an 4,400 additional keys by the end of 2015, bringing the total to almost 42,000. This projection represents an 11.9% increase on current figures.
Almost all of the new hotels are high-rise buildings. The most popular area for hotel development remains the Ploenchit/Sukhumvit area with 65% of the total hotel supply and four out of six new hotels opened in this area. The Silom/Sathorn area accounted for 21% of the total hotel stock while the Riverside area accounted for 14%.
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