BANGKOK -- Thai hotels are spending big on upgrades and new resorts despite fallout from the war in Ukraine making it unlikely that global tourism will recover from its COVID-triggered swoon this year, analysts say.
Travel & Leisure
Thai hotels bet on expansion and recovery from COVID this year
Major chains are adding rooms and building resorts despite Ukraine war impact
As resorts like this one in Dubai await the return of the tourist hordes, analysts say the consequences of the war in Ukraine are likely to negate eased travel restrictions and keep would-be visitors at home. (Photo courtesy of Centara Hotels & Resorts)
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