By Susan Cunningham
BANGKOK—Tourism in Thailand has bounced back strongly since the global meltdown of 2009, despite continuing economic doldrums in Western countries and Thailand’s continuing political instability.
New source markets have momentum, tourism revenue was up 8% last year and more than 18,000 hotel rooms will enter the market within the next three years. Yet the mood in Bangkok earlier this month at TravelTrends.biz’s “No Vacancy” conference was cautious—even somber.
“There’s a disconnect between luxury hotels and growth in mass tourism,” said Bill Barnett, managing director of Phuket-based consultancy C9 Hotelworks. “There’s a disconnect when it comes to infrastructure … MORE