Country overview: Thailand to gain 31,000 new hotel rooms [Infographic]
The TOPHOTELPROJECTS construction database reveals that Thailand’s hotel pipeline is looking promising, with established travel destinations set to see the most rapid growth.
In the next few years, 126 hotels with 31,053 keys are due to open across Thailand, our research team reports. We take a closer look at these upcoming launches.
Thailand’s hotel openings by date
Despite the ongoing Covid-related travel restrictions facing many international tourists, Thailand’s hotel sector seems to have high hopes for the future. In the second half of 2021 alone, 32 properties with 2,400 rooms are scheduled to go live across the country.
Another 27 projects with 6,977 rooms are in the works for 2022, while 22 schemes with 5,239 keys have been pencilled in for 2023. Meanwhile, 45 schemes and 12,437 rooms are already on the cards for 2024 and beyond.
Of Thailand’s 126 new hotels, 55 will be in the five-star luxury segment, while the remaining 71 will be in the four-star category.
Key growth regions in Thailand
Bangkok, the country’s capital, will see by far the highest number of openings – 46 new hotels will add 12,045 rooms to this well-established market.
The popular beachside tourist towns of Phuket and Pattaya will also grow their hotel offerings significantly. To be more specific, 20 projects with 4,155 rooms are slated for completion on the island of Phuket, while 16 properties with 5,019 keys are being progressed in Pattaya.
Major hotel brands expanding in Thailand
IHG’s signature brand, InterContinental Hotels & Resorts, will grow its local footprint by six hotels and 1,166 rooms. Another of the company’s flags, Holiday Inn Hotels & Resorts, will add five properties and 2,684 keys to its portfolio. Comparing the growth plans of the duo shows that Holiday Inn’s new properties will, on average, be twice as large as their counterparts at InterContinental.
Finally, Citadines Apart’hotels will also launch five new properties, catering to the rapidly increasing demand for extended-stay hotels in the country.
Top hotel openings to watch in Thailand
Set to open before the end of this year, Meliá Chiang Mai will enjoy a prominent position in one of northern Thailand’s most popular backpacker towns. Meliá, which is taking over the management of this huge hotel, is planning a major renovation programme to bring down the room count from the current 325 to 261.
Down in the capital, by contrast, The Ritz-Carlton Bangkok will offer 259 rooms and suites within One Bangkok, a new lifestyle development currently being built near the city’s Embassy Row and Lumpini Park, by mid-2025. Upon completion, the hotel will boast one of the largest ballrooms in Thailand, four restaurants and bars, and extensive spa and fitness facilities.
Many TOPHOTELNEWS articles draw on exclusive information from the TOPHOTELPROJECTS construction database. This subscription-based product includes details of thousands of hotel projects around the world, along with the key decision-makers behind them. Please note, our data may differ from records held by other organisations. Generally, the database focuses on four- and five-star schemes of significant scale; tracks projects in either the vision, pre-planning, planning, under-construction, pre-opening or newly opened phase; and covers newbuilds, extensions, refurbishments and conversions.
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