{"id":945439,"date":"2026-10-29T18:22:35","date_gmt":"2026-10-29T18:22:35","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/945439\/"},"modified":"2026-10-29T18:22:35","modified_gmt":"2026-10-29T18:22:35","slug":"148-hotels-in-thailand-register-closures-in-nine-months-amid-weak-tourism-demand","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/945439\/","title":{"rendered":"148 hotels in Thailand register closures in nine months amid weak tourism demand"},"content":{"rendered":"

The national hotel occupancy rate rose by just 0.18% year-on-year in the first nine months of 2026, according to Bangkok-based Kasikorn Research Center (KResearch).<\/p>\n

New business registrations also slowed, with 779 hotel and accommodation businesses established from January to September, down 31.2% from a year earlier.<\/p>\n

However, the figure remained higher than in the same period of 2024.<\/p>\n

Thailand’s hotel and accommodation market is projected to reach THB1.1 trillion (US$34 billion) in 2026, up 2.6% from 2025.<\/p>\n

\"Tourists<\/p>\n

Tourists are seen in Bangkok’s Chinatown, Thailand, May 16, 2025. Photo by Reuters<\/p>\n

Industry insiders said the sector is under growing pressure from weak tourism demand, intensifying competition and high operating costs, The Nation Thailand reported.<\/p>\n

KResearch forecasts that Thailand will welcome around 31.4 million foreign visitors in 2026, down 4% from 2025 and equivalent to about 79% of the pre-pandemic level in 2019.<\/p>\n

The research firm attributed the sluggish recovery to intensifying competition from other tourism destinations, economic weakness in source markets, safety concerns and geopolitical tensions.<\/p>\n

The Chinese embassy in Thailand recently issued an urgent safety advisory for its citizens<\/a> traveling to or residing in the country following a rising incidence of forced labor, human trafficking, and bogus job offers.<\/p>\n

Neighboring countries like Malaysia and Vietnam are stepping up efforts to attract international tourists by launching direct flights to Asia and Europe and easing visa requirements.<\/p>\n

Thailand, Southeast Asia’s second most visited country after Malaysia, received 23.4 million foreign tourists in the first nine months of this year, a 3.88% decline year-on-year.<\/p>\n

The country eyes 33 million tourists by the end of this year.<\/p>\n","protected":false},"excerpt":{"rendered":"The national hotel occupancy rate rose by just 0.18% year-on-year in the first nine months of 2026, according…\n","protected":false},"author":2,"featured_media":945440,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[512638,64,63,99,164],"class_list":["post-945439","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-148-hotels-in-thailand-register-closures-in-nine-months-amid-weak-tourism-demand-vnexpress-international","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/945439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=945439"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/945439\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/945440"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=945439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=945439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=945439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}