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Travel & Leisure

Thai hotels ramp up investment as tourism blossoms again

Brighter outlook from 2022 prompt expansion even as labor shortage clouds future

Thai tourism started to recover in the second half of 2022 following the easing of entry rules.   © Reuters

BANGKOK -- Thai hotel operators are ramping up plans to expand investment at home and abroad as fresh tourism revenue provides fuel to meet rising demand.

Hospitality giant Centara Hotels and Resorts has set aside 23 billion baht ($662 million) to build at least six hotels over the next few years. It plans to open a Centara hotel in Osaka on July 1 and another five hotels in Thailand.

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