Hotel industry in Thailand - statistics & facts

Thailand is a popular destination for tourists, attracting millions of visitors from around the globe. Before the COVID-19 pandemic, Thailand had seen a rising influx of visitor arrivals since 2015. The hotel industry has thus benefitted from the increase in visitors. Altogether, Thailand had almost 800 thousand hotel rooms ranging from budget to luxury hotels; the southern region accommodated the highest number of hotel rooms in 2022. Foreign visitors are key contributors to the hotel industry in Thailand. In the past years, the average proportion of international tourists staying in travel accommodations in Thailand amounted to over 30 percent, with a significant decrease during COVID-19 pandemic.

The potential of the hotel industry

The low cost of living in Thailand, especially when compared to some of the other countries in the Asia Pacific, gives the Thai tourism and hospitality industry an advantage in terms of value for money for foreign visitors. As the demand from both international and domestic tourists grows, so does the capacity of the Thai hotel businesses. The hotel industry in Thailand is always improving its capacity to meet the demands of its visitors. Tourists can find luxury five-star hotels to low-key hostels and guesthouses across the country. In terms of the occupancy rate in Thailand, hotels in the northern region proved to be in high demand among other regions as its occupancy rate accounted for around 19 percent amid the pandemic.

The outlook of hotel industry post COVID-19 pandemic

The outbreak of the COVID-19 pandemic had drastically impacted the tourism industry in Thailand, due to the travel restrictions imposed. However, since most of the traveling regulations and rules against the pandemic were lifted, the tourism industry in Thailand started to see some improvements in terms of tourism revenue in the first half of 2023. Though, the confidence index for hotel operators in the country still scored relatively low. This implied that hotel operators had concerns on the prospects of the tourism and hospitality industry in the future.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Statista Research Department, Dec 20, 2023

Key insights

Value of GDP from accommodation and food services in Thailand
778.3bn THB
Value of household consumption expenditure on restaurants and hotels in Thailand
910bn THB
Number of hotel rooms in the southern region of Thailand
256.7k
Get more insights

Editor’s Picks Current statistics on this topic

Tourism revenue incurred from international tourist arrivals in Thailand from January to September 2023 (in billion Thai baht)

Travel, Tourism & Hospitality

International tourist arrivals revenue Thailand 2023

Number of domestic visitors in Thailand from January to September 2023 (in millions)

Travel, Tourism & Hospitality

Number of local tourists Thailand 2023

Number of international tourists in Thailand from 1st quarter 2021 to 4th quarter 2022 (in 1,000s)

Travel, Tourism & Hospitality

Number of quarterly foreign visitors Thailand Q1 2021-Q4 2022

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Revenue per available room (RevPar)

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Occupancy rate

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The guests

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