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Hospitality Industry In Thailand Companies Summary

The hospitality industry in Thailand is a diverse mix of international hotel chains, domestically grown brands, and independent hotels. The market is dominated by a major player that provides a significant portion of the total room supply. This is closely followed by two other global hospitality groups, whose combined offerings match the room supply of the leading company. Moreover, there are also home-grown hotel chains that contribute to the industry. One such local brand offers a substantial supply of rooms. Another domestic entity boasts the largest portfolio of hotel properties in the country. The Thai government's initiatives to develop other regions as tourist hubs have led to increased hotel developments and expansion of both international and domestic hotel chains.