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Hotels mull closing down for low season

Hotels mull closing down for low season

New Covid-19 wave has reduced incomes

People browse deals at a Bangkok travel fair. A THA survey in March showed revenue for most properties had still not recovered. (Photo by Somchai Poomlard)

The resurgence of Covid-19 is forcing hoteliers to consider temporarily closing down given the low income and poor demand from tourists.

Marisa Sukosol Nunbhakdi, the president of the Thai Hotels Association (THA), said non-chain hotels without adequate cash flow are choosing to cease operations from April to October or until tourism demand resumes instead of waiting out another slump.

Mrs Marisa said the occupancy rate in April was expected to drop to single digits, similar to the second wave in January. The last two weeks…

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