The president of the Thai Hotels Association says many properties are now considering shutting down for the entire low season as a result of the Covid-19 resurgence. They claim that smaller hotels simply don’t necessarily have the resources of the larger chains and are struggling with cash flow and crippled by low tourist demand. They say many are considering shutting up shop between April and October or until demand resumes.
The THA chief says April’s occupancy rates are expected to plummet to single digits, as happened in January during the second wave of the virus. She adds that the level of business in the last 2 weeks of this month will determine whether or not many will close. There are now just 400,000 working in the hotel industry, a huge drop compared to just a few years ago.
They also called for the Thai government to speed up vaccines for people employed in…
