People seek deals at the 2023 Thai Teaw Thai fair. Mrs Marisa says 50% of hotels are charging a higher rate than in 2019.
The end of reductions for property tax and elevated energy prices this year have pushed up operating costs for hotels by at least 10%, leading to lower margins even as they service more guests.
Marisa Sukosol Nunbhakdi, president of the Thai Hotels Association (THA), said with the government terminating the property tax reduction scheme, hotel…
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