Joon Aun Ooi, Asia-Pacific president of Wyndham Hotels & Resort.
Wyndham Hotels & Resorts remains upbeat on the prospects for Thai tourism, driven by increasing numbers of inbound tourists, but says hotels still need to adjust to higher costs.
Joon Aun Ooi, Asia-Pacific president of Wyndham Hotels & Resorts, said the industry’s nationwide average occupancy rate is expected to be at 60% as of January this year, double the rate recorded last year due to the significant increase in arrivals.
Mr Ooi said that although the average occupancy rate remains below the rate recorded before the pandemic, the growth may signify a consistent demand for tourism investment, with a recovering performance across all properties.
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