Published 4 years ago

No beachfront fire sale for Thai tourism assets

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Asia Times

No beachfront fire sale for Thai tourism assets

BANGKOK – With more than half of Thailand’s 60,000-plus hotels and guest houses still shuttered since the government closed the national borders in April and with a waiver on interest payments hotels and resorts owe to banks set to end in October, the Thai hotel scene seems primed for a Covid-19 fire sale.Adding to hoteliers’ woes is the murky future of Thailand’s tourism industry, with the enduring lack of a Covid vaccine and the Thai governmen…

4 years ago·Hong Kong

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