Growth rate of number of hotel rooms Thailand 2021, by region
The expansion of the hotel industry
Before the disruption of COVID-19 pandemic, the number of international tourists in Thailand had been rising yearly. The hotel industry has expanded to meet these demands, with the total number of hotel rooms exceeding 800 thousand in the country in 2021. 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.