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Hotel operators consider closing amid weak demand

A welcome sign greets tourists arriving at Koh Samui under Samui Plus travel scheme. As of Monday, the island has received 621 tourists from the pilot programme.

Amid tepid tourist demand, 52% of hotel operators are considering closing temporarily, while 9% want to shut down permanently if the Covid-19 pandemic lasts longer than expected.

A joint survey by the Bank of Thailand and Thai Hotels Association (THA) found that 62% of hotel operators planned to reduce labour costs in order to deal with the financial effects of the pandemic.

Meanwhile, 61% said they planned to cut other expenses.

Between Aug 13-28 the central bank and THA conducted a poll of 234 respondents, of which 14 were alternative state quarantines and five were hospitels.

A total of 38% of Phuket Sandbox respondents said…

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