Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

Quarterly growth rate of number of new hotel rooms Thailand 2017-2020

In the first quarter of 2020, the number of new hotel rooms in Thailand decreased by 65.5 percent compared to the previous quarter. This was due to the coronavirus (COVID-19) pandemic. However, it was expected that the Thai hotel industry would slowly recover after the travel restrictions and measures are lifted.

The expansion of the hotel industry

With growing number of foreign visitors annually, the hotel industry has expanded to meet these demands, gradually increasing the number of hotel rooms since 2017. The Thai hotel industry offers a variety of choices in terms of hotel scales, whether it be luxury, upscale, or midscale hotels.

Hotel chains in Thailand

The hotel industry in Thailand comprises of major international chains, domestic chains, as well as independent domestic hotel brands. As one of the world’s leading multinational hotel chains, Accor is considered the major player in the hotel industry in Thailand. In recent years, the number of Accor hotels has increased globally, as a result of expansion in Thailand. Another domestic hotel chain leading the country’s hotel industry is Centara Hotel and Resort (CHR). The chain has also expanded internationally to other holiday destinations around the world.

Quarterly growth rate of the number of new hotel rooms in Thailand from 2017 to 2019 with a forecast for 2020

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% discount until March 31st
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

July 2020

Region

Thailand

Survey time period

Q1 2018 to Q1 2020

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "Hotel industry in Thailand"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.