Effects of Political Instability in Thailand on Hotel Operators

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Effects of Political Instability in Thailand on Hotel Operators
Effects of Political Instability in Thailand on Hotel Operators
Category: Asia Pacific - Thailand - Industry economy - Figures / Studies This is a press release selected by our editorial committee and published online for free on 2008-12-24 Hotel comparison search engine HotelsCombined.com has released statistics on the effects of anti-government protestors blockading Bangkok airports on hotel operators in Thailand. The research was conducted by calculating the number of daily reservation requests to Thailand by global travelers. It is clear that the political instability in Thailand is negatively influencing travelers’ decision making with prospective travelers seeking substitute travel plans. The flow-on effect to hotel operators in Thailand is loss of room revenue in the period of peak tourist season, this coupled with the global financial turmoil which may well put the Thailand travel industry into crisis mode. Nonetheless, hotel operators who seek contingency plans such as working closely with online travel agents to advertise attractive hotel deals are able to soften the decline in activity caused by the current political environment.