Reference

Β·

Primary source

Thailand national hotel occupancy rate

~71% (2024)

As ofFY2024Β·Sources3Β·Primary

Thai hotel national average occupancy ran at roughly 70-72% in 2024 per the Thai Hotels Association (THA), the Bank of Thailand business sentiment survey, and STR data, up from 63% in 2023 and recovering close to the 2019 pre-pandemic level of ~71%. Phuket, Bangkok, and Pattaya led with 75-85% occupancy; secondary upcountry markets like Chiang Rai and Khon Kaen lagged at 55-65%. Average daily rate (ADR) gains outpaced occupancy recovery, with luxury and branded-residence ADRs in Phuket and Bangkok up 25-40% over 2019 nominal levels.

Figure in context

Thai hotel national average occupancy ran at roughly 70-72% in 2024 per the Thai Hotels Association (THA), the Bank of Thailand business sentiment survey, and STR data, up from 63% in 2023 and recovering close to the 2019 pre-pandemic level of ~71%. Phuket, Bangkok, and Pattaya led with 75-85% occupancy; secondary upcountry markets like Chiang Rai and Khon Kaen lagged at 55-65%. Average daily rate (ADR) gains outpaced occupancy recovery, with luxury and branded-residence ADRs in Phuket and Bangkok up 25-40% over 2019 nominal levels.

Thai hotel national average occupancy ran at roughly 70-72% in 2024 per the Thai Hotels Association (THA), the Bank of Thailand business sentiment survey, and STR data, up from 63% in 2023 and recovering close to the 2019 pre-pandemic level of ~71%. Phuket, Bangkok, and Pattaya led with 75-85% occupancy; secondary upcountry markets like Chiang Rai and Khon Kaen lagged at 55-65%. Average daily rate (ADR) gains outpaced occupancy recovery, with luxury and branded-residence ADRs in Phuket and Bangkok up 25-40% over 2019 nominal levels.

Time scope

FY2024

Source basis

Primary source

Interpretation notes

What this tells you

Thai hotel national average occupancy ran at roughly 70-72% in 2024 per the Thai Hotels Association (THA), the Bank of Thailand business sentiment survey, and STR data, up from 63% in 2023 and recovering close to the 2019 pre-pandemic level of ~71%. Phuket, Bangkok, and Pattaya led with 75-85% occupancy; secondary upcountry markets like Chiang Rai and Khon Kaen lagged at 55-65%. Average daily rate (ADR) gains outpaced occupancy recovery, with luxury and branded-residence ADRs in Phuket and Bangkok up 25-40% over 2019 nominal levels.

What not to do with it

Use the linked report for interpretation and keep basis differences explicit.

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Thailand national hotel occupancy rate Β· Insight