“Colliers” reveals the Luxury School adjust the conductors of monthly rental rooms Plus, reducing the room rate by more than 50%

“Colliers” reveals the Luxury School in Bangkok adjusting the conductors of monthly rental rooms. Plus, reducing the room rate by more than 50%

Phattharachai Thaweewong, Director of Research and Communications, Colliers International Thailand, revealed that the overall supply of luxury hotels in Bangkok at the end of 2020 was approximately 12,943 rooms. The figure increased approximately 5.5% from the first half of the year. Some operators continue to launch new hotels as planned. In the second half of last year, three new luxury hotel projects were opened with 674 rooms, namely Sindhorn Kempinski Hotel Bangkok-Bangkok, located in the heart of Bangkok. Adjacent to Lumpini Park Comprising of 274 rooms, Four Seasons Hotel Bangkok at Chao Phraya River It comprises 299 guest rooms and the Capella Hotel Bangkok comprises 101 rooms.

Mr. Phattharachai said The occupancy rate of accommodation in Thailand at the end of November 2020 was approximately 34.82%, which was a 35% drop from the same period of the previous year. For the average occupancy rate of luxury hotels in Bangkok in the second half of 2020. It was found to be about 28%, down about 7% from the average occupancy rate in the first half of the year. From statistics of hotel occupancy throughout Thailand before the coronavirus crisis It found that the average occupancy rate of tourists in January this year was 77.97% until the heavy epidemic in February. As a result, the average occupancy dropped to 58.39% and dropped to just 20.82% in March. Before falling to a low in April at 2.26% after the government announced a lockdown and shut down airspace. It also has to wait for the epidemic situation in Thailand to improve for about two months, bringing the May occupancy rate to 3.83% before improving in June to 13.48% after the government announced the release. Domestic travel lockdown Causing more Thai people to travel in the country As a result, the tourist cities in the country have become buzzing again, especially those near Bangkok such as Pattaya, Hua Hin and Cha-am.
It is predicted that the direction of the hotel and tourism business in 2019 2021 may improve in the second half of the year. Using the assumption that different countries Will return to open country without travel restrictions And restore confidence in people’s international travel after the COVID-19 vaccine. It was developed and started trials in many countries. Consistent with the forecast of the number of inbound tourists for the whole year By 2021, approximately 11 million people plus plans to stimulate tourism in the country from the government through the We travel together in phase 2 that can reserve 1 million more rooms. And an announcement to add special holidays for the year 2021 to stimulate tourism in the country once again bustling “

Mr. Phattharachai said Overall, the supply of luxury hotels in Bangkok at the end of the second half of 2020 was approximately 12,943 rooms, an increase of about 5.5% from the first half of the year. In the second half of the past year, it was found that There are 3 new luxury hotel projects with 674 rooms, namely Sindhorn Kempinski Hotel Bangkok – Bangkok, developed by Siam Sindhorn Co., Ltd., located in the heart of Bangkok. Adjacent to Lumpini Park, considered one of the largest public parks in Bangkok. Comprising of 274 rooms, Four Seasons Hotel Bangkok at Chao Phraya River It consists of 299 rooms and the Capella Hotel Bangkok, developed by Country Group Development Public Company Limited, comprises of 101 rooms. Most recently, Country Group Development Co., Ltd. Management Public Company Limited has approved the sale of 2 companies in the hotel business group. Which operates the Capella Hotel Bangkok and operates the Four Seasons Hotel Bangkok on the Chao Phraya River for Padaeng Industry Public Company Limited, where all 3 hotels are open for reservations in advance. Since the beginning of this year, before the outbreak of COVID-19 that spread around the world, including Thailand. Tourism and hospitality businesses are among the businesses hit hard by the COVID-19 outbreak. Due to having to rely on foreign tourists at this time, tourists are still unable to travel to Thailand normally Many hotels have to be shut down temporarily or some hotels announce a permanent closure. Or with adjustments, such as renting a room for state detention Or monthly rent, etc. In addition to this There is a luxury hotel in Bangkok under construction and is expected to be completed and opened in 2019. In 2021, another four, about 726 rooms, and in 2016. In 2022, there are approximately 600 rooms and there are two luxury hotels in Bangkok area, 423-room projects have been postponed from in 2018. It has been planned to be released again in the future if the virus has spread. Global COVID-19 and the new virus outbreak in Thailand are not likely to improve.

Mr Phattharachai said it is expected that more foreign tourists may return to Thailand in the second half of 2018. In 2021, it was found that tourists from remote markets with high demand wanted to enter Thailand. According to a survey from the Tourism Authority of Thailand, the London office indicated that Thailand was among the top 10 destinations that British people want to visit in the mid summer of 2018. This was due to the sluggishness in the tourism and hospitality sectors, especially the foreign tourist market, which was devastated by the COVID-19 crisis. This caused the demand for hotel rooms in Thailand to decline significantly. Affect the income both on the part of the room and the income from providing venues for banquets and meetings. Due to the pandemic crisis, entrepreneurs postponed all activities in the past, which Colliers International Thailand found that the impact of the virus outbreak was more severe during March – June 2020, resulting in the total number of room bookings and revenue from room rates in 2018. The impact is quite severe for both small and large hotel businesses as operators are saddled with relatively high operating costs. Almost zero during the announcement of the Emergency Decree on Public Administration (Emergency Decree) Since March 26, 2020, many hotels have to be closed temporarily or some hotels announce permanent shutdowns. Or with adjustments, such as renting a room for state detention Or monthly rent, etc.