Thailand’s hotel market is continuing to grow, despite the Covid19 crisis slashing international arrivals, according to an analysis from the TOPHOTELPROJECTS construction database.
The Thai hotel pipeline for the coming years certainly shows no lack of ambition with 123 properties with 31,163 rooms slated to expand the country’s offering.
2020 will be by far the strongest year in terms of new openings. 41 hotels are scheduled to open their doors in the second half of the year and will bring 8,795 rooms in total. Due to coronavirus and its impact on the hospitality industry, some of these projects may still be delayed however.
Yet even without counting openings that may have to be pushed back, 2021 will see 29 hotels open with a total of 7,077 rooms. Another 23 properties with 6,522 keys are on the books for 2022, while 30 more have been signed off for 2023 and beyond.
- Bangkok will grow by another 42 properties and 11,104 rooms.
- Phuket will get 17 new hotels with 2,175 rooms.
- Pattaya will see 16 properties open, adding 4,984 keys.
Five projects will soon be completed in the idyllic resort town of Khao Lak on Thailand’s west coast, meanwhile, and the emerging resort destination of Rayong will get three new hotels with 988 rooms.
Hua Hin will also see a growth in hotel accommodation capacity. Designed to cater to families and leisure travellers the 518-key dusitD2 Hua Hin Hotel and Residences will boast an all-day dining restaurant, fitness centre, swimming pool, kids’ club, rooftop bar, and 300 sq m of banqueting space. In keeping with the dusitD2 brand, the property will boast a modern design with bright and colourful décor.
Standard International has also announced that it has launched The Peri Hotel brand, with projects under development in Hua Hin and Khao Yai.
THE first two The Peri Hotels are set to open in October 2020 with conversions and full-scale renovations of Sansiri’s existing Escape hotels in Hua Hin and Khao Yai.
