Inflows approach pre-pandemic levels
Hotel investment in Thailand is ramping up at the same rate as prior to the pandemic, driven by more hotel conversions and an increase in lending among banks, based on an optimistic tourism industry, according to hospitality consultant C9 Hotelworks.
Bill Barnett, managing director of C9 Hotelworks, said the market and investment sentiment is up and running again, due to more banks lending and businesses seeing tourism as a…