Majority of Thailand hotels not profitable under Test & Go

A majority of hotels in Thailand are in the red, following the relaunch of the Test & Go program earlier this yr. The bleak outlook for Thailand’s resort business follows nearly 2 years of little, or no, patronage with only a choose few capable of benefit from the limited travellers coming by way of the turnstiles.
According to Sale ends soon of 127 resorts by the Thai Hotels Association and the Bank of Thailand, 65% of hoteliers say they were unable to turn a revenue in February, as average occupancy remained under 30%.
The president of the Thai Hotels Association said that 3/4 of the 12 resorts surveyed anticipated a 30% emptiness price, which would have been enough to break even, but only 37% of them achieved the needed occupancy.
“Even though the Test & Go scheme has resumed, native vacationers have been nonetheless the overwhelming majority of our clients. Almost half of hoteliers who took the survey stated worldwide friends made up less than 10% of their bookings.”
The THA is requesting that the government to extend the 90% discount in land and construction tax for motels until 2023, to help alleviate a number of the burdens caused by unreliable income.
In January, the average occupancy rate climbed marginally to 34% from 32%, primarily as a outcome of the fourth stage of the We Travel Together lodge program and the relaunched Test & Go program for travellers, based on the index, which was conducted between February eleven and 23 (the rebooted Test & Go program was began again on February 1).
Hoteliers blamed low numbers of travellers on Thailand’s restrictive journey procedures, notably Thailand Pass registration and PCR testing. A fifth of hotels surveyed reported that worldwide travellers accounted for just half of complete bookings.
With the exception of hotels within the North and Northeast, the employment rate for resort staff has already dropped to less than 60% as the post-peak season (i.e. rainy season) approaches.
Meanwhile, 43% of motels are having bother finding qualified workers. The majority of resorts are selecting to not hire new full time workers in favour of part-time workers, whereas keeping current salaries capped..

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