The Hospitality Industry in Thailand is a crucial sector that plays a vital role in the country's economic and social development. In 2022, the industry's value was estimated to be 1.8 trillion baht, a 5.5% increase from the previous year. In this article, we will discuss the key statistics, factors contributing to its growth and success, industry growth and comparison to previous years, key trends, challenges, and future outlook.
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THE KEE RESORT & SPA
21
+66 65 384 8821 rsvn@thekeeresort.com
Located in the heart of Patong Beach, within 240 m from Patong Beach and 150 m from Bangla Roads vibrant nightlife area, The Kee Resort & Spa is a stylish, boutique resort with a modern retro vibe. Praised by guests for being in a great location, attentive staff, a great pool bar and good cleaning standards, the property is in high demand, especially the Deluxe Pool Access Rooms, from a wide range of nationalities. Featuring spacious (40 sqm or more), comfortable rooms with modern interiors, a lagoon-style pool, a yacht-shaped rooftop bar with amazing sunset views, a quality on-site spa to get you back on your feet after a night of fun, The Kee is a hidden oasis. Rooms have contemporary furnishings with a splash of Thai elegance and convenient amenities for the savvy traveler seeking a comfortable stay. Perfect for solo travelers, friends, couples or families, The Kee promises a unique holiday experience in Phuket. Discover a calmer side to Patong Beach, away from the hustle and bustle…
HOTEL NIKKO BANGKOK
36
+66 2 080 2111 info@nikkobangkok.com
Nikko Hotels International announced that it will be opened Hotel Nikko Bangkok in 2018. The new luxury hotel is now being built in Bangkok, Thailands bustling capital city. It will be the first Nikko Hotels International property in Thailand. However, Hotel Okura Co., Ltd., JAL Hotels parent company, operates The Okura Prestige Bangkok, a luxury property in Bangkok. Hotel Nikko Bangkok will be located in an area that is often described as ‘Japan Town, where many Japanese and other expats reside. The neighborhood has become a trendy area of the city in recent years, with a wide variety of restaurants, bars and shops. The hotel, in addition to being in this lively part of town, will also be convenient: the nearest Skytrain station, Thong Lor, is only a three-minute walk from the hotel, and Bangkok Suvarnabhumi International Airport is 24 kilometers away. The 301 rooms Hotel Nikko Bangkok will occupy 20 floors above ground and four floors in the basement. The hotels facilities wil…
ANANTARA HOTELS, RESORTS AND SPAS
4,760
+65 6238 7962 reserveanantara@anantara.com
Anantara. The word in Sanskrit means without end and evokes the freedom, movement and harmony that are the spirit of the Anantara experience and culture. Since the Anantara experience was born in 2001 in Thailand, operating within one of Asia Pacifics largest lifestyle companies Minor International, we have successfully expanded to Anantara Hotels & Resorts across Vietnam, China, Indonesia, the Maldives, the Middle East and Africa. As a result of our evolution, we attract passionate people looking to discover a meaningful, rewarding career and capitalise on our continued growth. Our promise to our guests is that Anantara will bring story collecting travellers closer to local cultures and experiences with luxurious and heartfelt hospitality in exotic destinations. Our promise to our team members is that we will provide a professional and grounded environment, offering growth, development and inspiring future opportunities. A passion for genuine, heartfelt hospitality is a prere…
SALA HOSPITALITY GROUP
74
+66 99 286 6278 info@salahospitality.com
SALA Hospitality Group is a homegrown hospitality company that owns and operates 7 luxury beach resorts and boutique accommodations in Thailand under the brands SALA Resorts and Spas and sala boutique. The group has plans for further expansion domestically and internationally. SALA Hospitality Group is also the majority shareholder of the Six Senses Resort on Koh Samui. The companys first Thailand luxury resort, SALA Samui Choengmon Beach Resort opened in 2004 and features a total of 69 luxurious villas and suites of which 53 have private swimming pools. SALA Phuket Resort and Spa opened in 2007 and features 79 luxurious villas and suites, 63 with their own spacious private pools. The Groups newest property, SALA Samui Chaweng Beach Resort, opened the first phase in January 2018 and the second phase will be opened in 2019. sala khaoyai opened in November 2009 and was the first sala boutique property for the group. It features 7 very special and intimate rooms and pool villas. s…
THE LANDMARK BANGKOK
87
+66 2 253 4259 sales@landmarkbangkok.com
Since it was launched in 1987, The Landmark Bangkok has enthralled guests from around the world with its special brand of Thai hospitality and comprehensive range of first class facilities. Following major renovations. The Landmark Bangkok has reaffirmed its position as one of Bangkoks most endearingly popular hotels. Part of that success is due to its convenient location on Sukhumvit Road in central Bangkok, close to the Nana station of Bangkoks sky train, from where it also enjoys easy access to all the important expressway.
Take the great opportunity to join one of South East Asias newest Experience Accommodation with a mix of Shared Accommodation, Private Rooms and amazing public social spaces. We are young, we love to have fun, we drive amazing guest experiences, and want you to be a part of growing our business. We have 5 properties in Thailand, Cambodia and the Philippines. Be a part of our continued development and expansion.
QUO
87
+66 2 260 9494 info.bangkok@quo-global.com
QUO is a strategy-driven branding and digital agency committed to making the world a better place. We are a global collective of progressive thinkers. We champion the avant-garde; seek out transformational strategies, visionary concepts, creative executions and digital innovations. We believe in the power of culture to define each organisations core, shaping and colouring identity to form a distinct brand proposition. Over the past 25 years, we have nurtured meaningful relationships with global tourism and UN entities, establishing a reputation for unprecedented excellence in all forms of brand strategy, identity development, digital platforms and communications.
DWP | DESIGN WORLDWIDE PARTNERSHIP
395
+66 2 267 3939 thailand@dwp.com
At the heart of everything we do is the philosophy that architecture and design is simple, elegant and timeless. For 25 years dwp has been a global architecture and design company that has completed award-winning work. Proud of our entrepreneurial spirit, we arent afraid to push boundaries and face new challenges. dwp steps into the future with cutting edge collaborative, sustainable and creative design technology. Currently located in Australia, Asia and the Middle East, we will extend our worldwide architectural and design services to the US and Europe by 2022.
RL GROUP ASIA
4
+66 61 734 3997 admin@rlgroup.asia
A company that focused in Business Consulting, Luxury Services, High Networking Event Planning & Management. In 2023, RL Group has planned a series of Expo & Private Business Matching Dinners to help Global Brands extend their networks and relationships with the Locals so they can understand more about Locals Market before enter the games.
SONEVA
817
+66 2 631 9698 sales-spain@soneva.com
About Soneva Soneva is a world leading, award-winning sustainable luxury resort operator that owns and manages Soneva Fushi and Soneva Jani in the Maldives, Soneva Kiri in Thailand and Soneva in Aqua, an ultra-luxurious yacht that sails from Soneva Fushi. A pioneering family of hospitality properties and products, offering holistic encounters in luxurious and inspiring environments and outstanding natural locations, Soneva combines luxury with a conscientious approach to sustainability and the environment. Soneva is committed to leading the hospitality industry in environmentally responsible tourism. Annual environmental performance improvements are in place with the ultimate goal of decarbonising completely. About Soneva Fushi Soneva Fushi set the standard for all desert island barefoot luxury hideaways in the Maldives when it opened in 1995. Located in the Baa Atoll UNESCO Biosphere Reserve, Soneva Fushi pairs Robinson Crusoe fantasy with intelligent luxury. About Soneva Kiri So…
CHIVA-SOM INTERNATIONAL HEALTH RESORTS CO., LTD.
196
+66 32 536 791 h-wreception@chivasom.com
The worlds leading wellness destination. Winner #1 – Best Destination Spa in the World - Condé Nast Traveler 2021 & 2022 Readers Choice Awards.
GCP HOSPITALITY (GAW CAPITAL GROUP)
67
+66 2 636 3650 info@gcphospitality.com
GCP Hospitality manages over 39 hotels and serviced apartments and 7450 keys around the world with an enviable reputation in the hospitality industry for providing asset management, hotel management and business development of the highest standards. GCP Hospitality, through its dedicated Hotel Operations Platform, manages independent properties with a hands-on approach. Its experience and creative teams provide the necessary insights and expertise in Human Resources, Sales and Marketing, Finance and Operations to guarantee a successful operation. What We Do: Hotel Management Asset Management Business Development Design & Branding
SOHO HOSPITALITY
57
+66 97 001 6119 info@sohohospitality.com
Founded in 2010, Soho Hospitality is a Bangkok based integrated creative studio & restaurant group delivering compelling hospitality experiences from concept to design, development and management. Soho Hospitalitys core business is to assist owners and operators to elevate the experiences in the hospitality world to a much higher level and a much higher purpose. As an off-shot of a pure play interior design company, Soho Hospitalitys in-house interior design studio conceptualizes hospitality projects for global brands such as Marriott, Accor, IHG, Radisson Hotels International, Melia Hotels International, Minor Hotels, Movenpick, Dusit, Frasers Hospitality, Frasers Property, One Bangkok, King Power International, Cafe Del Mar, Central Group and Taj, amongst others. Soho Hospitalitys portfolio continues to grow on the strong foundation of the 200-room Fraser Suites Sukhumvit serviced-apartment in Bangkok and the fast growing portfolio of 5 owner-operated F&B venues (Above Eleven, C…
SMART FINDER
37
+66 2 422 6780 support@smartfinder.asia
Smart Finder was founded in 1997, Thailand. The company provides smart IT solutions for hotels and related businesses. Nowadays, its been funded and supported by an international venture fund from Singapore (SEA Group – Garena Venture) with the mission to improve the abilities to develop more advanced hospitality technology and solutions to fulfill increasing demands in the hospitality industry.
LEBUA HOTELS AND RESORTS
463
+66 2 624 9998 sales@lebua.com
lebua Hotels & Resorts is a growing international luxury brand that operates distinctive hotels, fine restaurants and bars. Led by visionary CEO Deepak Ohri, Bangkok-based lebua takes a unique approach to hospitality that aspires to tap into a deeper level of exchange with guests to create emotional connections. lebuas award-winning lodging collection includes Bangkoks best performing luxury hotels (Tower Club at lebua and lebua at State Tower), and three boutique hotels in India (lebua Resort, Jaipur; lebua Lodge at Amer, Jaipur and lebua Lucknow) and an exclusive lodge in New Zealand (Lake Okareka Lodge). The Dome at lebua, the groups collection of restaurants and bars atop its Bangkok hotels, include Sirocco, the worlds highest open air restaurant, designated “2011-2013: HAPA Restaurant of the Year” by the Hospitality Asia Platinum Awards; Sky Bar, named “the most stunning rooftop bar youll ever see” by The New York Times in 2013; Breeze, highlighted by USA Today as one of t…
GOCO HOSPITALITY
39
+66 2 252 6288 info@gocohospitality.com
GOCO Hospitality is a wellness hospitality development and management company. We create, innovate, and operate tomorrows wellness hospitality concepts as well as deliver unique business solutions to a clientele ranging from individual investors to global hospitality brands. GOCO Hospitality is based in Bangkok, Thailand with regional offices located in Berlin, Germany, Los Angeles, USA, and Shanghai, China. GOCO Hospitality exemplifies a design led company that creates visionary hospitality projects for tomorrows guests. Through our ability to create sustainable and profitable concepts, we ensure value for our stakeholders while simultaneously stimulating GOCO Hospitalitys global growth. Our projects are always authentic, reflect local cultures and strive to make a social impact in their community. Through embracing cultural diversity GOCO Hospitality will become an employer of choice for creative talents from a variety of backgrounds. We place great emphasis on grooming our t…
ROYAL CLIFF HOTELS GROUP
134
+66 38 250 421 gro-main@royalcliff.com
Enter a world of exclusivity and fascination at the Royal Cliff Hotels Group and experience a tropical ambience throughout its 64 acres of private ocean view parkland; with a range of facilities and features to suit every leisure or business traveller. This self-contained 5-star resort convention is located on a tropical parkland estate between Jomtien-Pattaya. The 4 luxury hotels have their own unique style and character to match with the different lifestyle of travellers. The whole complex offers 1,020 rooms with a diverse range of facilities including 11 restaurants and 6 bars, 2 private beaches, 7 swimming pools, 7 tennis courts, 2 squash courts, fitness centre, sauna & steam rooms, 2 health spas, shopping arcade, private catamaran and an extensive range of meeting and banqueting facilities, including 3 ballrooms and 53 meeting rooms. It is the only property so far in Asia to be elevated to The TTG Travel Hall of Fame. Royal Cliff has also earned the TripAdvisor Hall of Fame award.…
PHUKET9
16
+66 62 369 8978 sales@phuket9.com
Real Estate Development Company in Phuket, Thailand. Phuket9 Company is on real estate market from 2004. There are resorts, shopping center, restaurant, private villas development in companys portfolio. Company owns property and land in Phuket and Samui and looking for further investments, such as: - Hotels development (beachfront, seaview projects with 100+, 200+ possible rooms) - Resorts development (20+, 40+ seaview possible villas) - Condominium development (seaview project on popular beach of Phuket, 50+ possible apartments) - Condominium development in Bangkok (booked land) There are booked beachfront and seaview land in Phuket, Samui and Bangkok. Phuket9 Real Estate Development is a partnership company with experience of developing and managing hospitality businesses in Thailand.
MINOR INTERNATIONAL
2,800
+65 3250 3325 feedback@minor.com
Minor International Public Company (MINT) is one of the largest hospitality and leisure companies in Asia Pacific Region. With over 535 hotels and resorts, 2,200 restaurants and 400 retails trading outlets, MINT meets the growing needs of consumers in 62 markets from Africa to Australia including South America and Europe. MINT is a hotel owner, operator and investor with a portfolio of more than 535 hotels, resorts and serviced suites under the Anantara, Avani, Elewana, Oaks, NH Hotels, NH Collection, nhow and TIVOLI. Through Minor Food Group Pcl, MINT operates over 2,200 outlets under The Pizza Company, Swensens, Sizzler, Dairy Queen, Burger King, Thai Express and The Coffee Club brands. The latest addition to the restaurant portfolio being Bonchon brand. MINT is also one of Thailands largest distributors of lifestyle brands with over 400 points of sale focusing primarily on fashion, cosmetics and contract manufacturing.
LIVING MOBILE CO., LTD.
86
+66 2 821 5289 info@livingmobile.me
Living Mobile is a leading mobile application development company crafting a unique, exciting and challenging mobile application project. We truly believe in the projects potential to change the world for the better in certain ways with mobile technology advancements. We are currently empowering over thousands of restaurant businesses through FoodStory. FoodStory is the simple yet powerful mobile Point-Of-Sale (POS) that lets restaurant owners manage and understand their business anywhere anytime with 300+ features. Plus the smartphone application that lets food lovers find, read stories, and stay in touch with the restaurants in real-time.
Top Hospitality Companies in Thailand
Key Statistics from 2022
According to the Thailand Board of Investment, the Hospitality Industry in Thailand accounted for 9.8% of the country's GDP in 2022, employing over 4 million people. The industry comprises hotels, restaurants, travel agencies, and other related services. The hotel industry is the largest sub-sector, accounting for approximately 60% of the industry's value.
Factors Contributing to Its Growth and Success
One of the key factors contributing to the growth and success of the Hospitality Industry in Thailand is the government's initiatives to support the industry's development. The government has been implementing policies and programs to improve the quality and accessibility of tourism, promote innovation and research, and develop a skilled workforce.
For example, the government has been investing in tourism infrastructure, such as airports, ports, and highways, to facilitate the transportation of tourists. Additionally, the government has been promoting innovation and research in the industry, by funding research projects, establishing research centers, and providing incentives to researchers and innovators.
Industry Growth and Comparison to Previous Years
The Hospitality Industry in Thailand has been growing steadily over the years, with an average growth rate of 5.5% per year. In 2022, the industry's value increased by 5.5% from the previous year, which is in line with the average growth rate. The industry's growth rate has been affected by the COVID-19 pandemic, which has disrupted the tourism industry and reduced tourist arrivals.
Key Trends
The Hospitality Industry in Thailand has been experiencing technological disruptions that are changing the industry's landscape. One of the key trends in the industry is the adoption of digital technologies, such as online booking platforms, mobile apps, and digital marketing. These technologies are being used to improve the efficiency and accessibility of tourism, reduce costs, and enhance customer experience.
Another trend in the industry is the growing demand for sustainable tourism. Tourists and businesses are becoming more interested in sustainable tourism practices, such as eco-tourism, community-based tourism, and responsible tourism.
Challenges
The Hospitality Industry in Thailand faces several challenges that could affect its growth and competitiveness. One of the challenges is the impact of the COVID-19 pandemic on the tourism industry, which has reduced tourist arrivals and revenue. Another challenge is the intense competition from other countries, such as Malaysia and Indonesia, which have well-established tourism industries and more efficient tourism services.
Future Outlook
The future of the Hospitality Industry in Thailand looks promising, despite the challenges it faces. The industry is expected to continue growing, driven by the government's support and investment in infrastructure, innovation, and sustainability. The industry's adoption of digital technologies and sustainable tourism practices is expected to increase, improving its efficiency and competitiveness.
To remain competitive, the industry players need to focus on innovation and differentiation, through the use of digital technologies and sustainable tourism practices. They need to invest in research and development, and collaborate with other players in the industry to develop new solutions and technologies. The government should also continue to provide support to the industry, by investing in infrastructure, education, and research and development, and by promoting trade agreements and partnerships with other countries.
Moreover, the COVID-19 pandemic has also presented new challenges and opportunities for the Hospitality Industry in Thailand. The pandemic has disrupted the tourism industry and reduced tourist arrivals. However, it has also accelerated the adoption of digital technologies and sustainable tourism practices, which have enabled the industry to improve its efficiency, reduce costs, and enhance customer experience.
The pandemic has also highlighted the importance of domestic tourism and regional tourism. With international borders closed, more Thais are traveling domestically and within the region, which presents new opportunities for the industry to diversify its services and cater to the changing demands of tourists.
Conclusion
In conclusion, the Hospitality Industry in Thailand is a vital sector that contributes significantly to the country's economic and social development. The industry has been growing steadily, supported by the government's initiatives, investment in infrastructure, and adoption of new technologies. However, the industry faces several challenges, such as the impact of the COVID-19 pandemic, intense competition, and the need to adopt sustainable practices. The future outlook for the industry is positive, driven by the adoption of digital technologies and sustainable tourism practices. By addressing the challenges and capitalizing on the opportunities, the industry can continue to grow and contribute to the country's economic and social development.