How Long Will Thailand’s Occupancy Declines Persist?

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As Thailand battles a third wave of COVID-19, most markets were stuck at single-digit hotel occupancy over the final days of April, except for Pattaya and Bangkok.

Excerpt from STR

As Thailand battles a third wave of COVID-19, most markets were stuck at single-digit hotel occupancy over the final days of April, except for Pattaya and Bangkok.

Before that, areas such as Huahin/Cha Am and Pattaya, which are known as drive-to markets from Bangkok, showed expected and notable spikes on Saturdays ahead of Songkran.

Surprisingly, Krabi posted the highest occupancy during Songkran (12-15 April), which shows the market was perhaps an alternative beach location while Phuket remains one of the high-risk areas with a 14-days quarantine required. Krabi also showed the highest month-to-date occupancy at 35.1%, followed closely by Hua Hin/Cha-Am.

Immediately after Songkran, the country issued stricter restrictions for two weeks which have since been extended again (on 26 April) to combat the latest outbreak. The rise in cases has led hotel demand to drop drastically—Krabi was the steepest example here.

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