BANGKOK -- Thai hotel industry watchers are on the alert for a market correction this year, as pent-up demand from the pandemic dries up amid rising travel costs.
Travel & Leisure
Thai hotel industry expects correction as 'revenge travel' cools
Tourism business to focus on cost control, reducing reliance on China
Tourists take photos of Wat Arun in Bangkok on Jan. 2: Industry experts are cautiously optimistic about prospects for this year. (Photo by Hiroki Endo)
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