Hotel Developers in Thailand Have Put 3 of 4 Projects on Hold

Skift Take

Hotel developers can’t overcome their fear factor as they put 73 percent of new projects on hold. They’re waiting for the return of Chinese and Russian visitors. They may be waiting quite a while.

Sean O’Neill

Here are some excerpts of what the Daily Lodging Report informed its readers during the past week. If you’re not a subscriber, you should be. Sign up now, here.

Sunday, May 1

According to Lodging Econometrics’ Construction Pipeline Trend Report for Canada, at Q1 2022, “the country’s hotel construction pipeline currently stands at 258 projects/35,768 rooms.” At the close of the first quarter, the province of Ontario leads Canada’s construction pipeline with 151 projects, followed by British Columbia and Alberta. Cities in Canada with the most projects in the pipeline in the first quarter continue to be led by…