Weekend Manager – Up to this minute the hotel business still sees no way to recover from a coma. Recently, the Bank of Thailand revealed the results of a survey of hotel operators still suffering from Covid-19. continued to decline Liquidity dwindled for no more than three months, while the occupancy rate plummeted to just 10%.
The survey results of the Accommodation Entrepreneur Confidence Index (HSI), which Bank of Thailand (BOT) or National Bank with the Thai Hotels Association Prepared on a monthly basis, there is no sign of going through the crisis. Again and again, he became heavier and heavier. Despite the government’s efforts to stimulate domestic tourism and open up foreign tourists. with a pilot project “Phuket Sandbox” connected with other tourist provinces
Most recently, a survey in July 2021 of 304 hotel operators (including 28 ASQs, 4 Hospitels) between July 13-26, 2021 found that camping operators were affected by the epidemic of cattle. vid-19 A new ripple continues The occupancy rate is still very low. averaged at 10%, which was stable from the previous month. As a result, almost 60% of the hotels that are operating have decreased liquidity from the previous month. And enough to run the business for no more than 3 months, while the opening of foreign tourists has a small positive effect on the overall occupancy rate.
Excluding groups that adapt to accept foreign customers working in Thailand and workation, staycation, including groups that accept foreign tourists according to the project “Sandboxes”, which are mostly large hotels. The average occupancy rate in July 2021 will be only 6.5%, while the average occupancy rate for the whole country in August 2021 will be reduced to 8%, with all regions of Thailand having low average occupancy rates. over 10%
The reduced occupancy rate Has affected 58% of the hotels that are open for business. More than 20% less liquidity compared to June 2021 and enough to run business for less than 3 months, and another 23% with less than 1 month of liquidity, distributed in all regions of the country, while 57 % of all open hotels Revenue has not returned less than 10% compared to the period before the COVID-19 outbreak.
Of the 272 operators surveyed (excluding ASQ and Hospitality), only 40.1 percent of hotels are still open, 38.2 percent are partially open, and more than 21.7% are temporarily closed. The proportion of hotels that are temporarily closed increased from the month. Jun, slightly 2.2%
The survey also showed that Of the 272 hotels (excluding ASQ and Hospitality hotels), 56% of the hotels temporarily closed were Expected to resume business in 4Q22 and around 13.6% expected to resume business in 1Q22 while another 6.8% expected to resume in 2Q22 and Another 11.9% will resume operations in the second half of 2022.
while the income situation in July Found that most hotels still have low income. by more than half or 56.9% of all open hotels Less than 10% of income has returned compared to the period before the COVID-19 crisis. 18.3% of hotels with 11-30% revenues, 31-50% of hotels with 3.6% of hotels, 51-70% of hotels with 7.1%, and hotels with Income level above 70% accounted for 14.2%.
As for the exposure to foreign tourists, it had a slight positive effect on the overall occupancy rate, with 50% of hotels in Phuket. I think that the occupancy rate of hotels that can accept foreign tourists is as expected. Which has an average occupancy rate of 16%, while the other 43% of hotels in Surat Thani. I think that the occupancy rate of hotels that can accept foreign tourists is worse than expected. With an average occupancy rate as low as 6% and more than 69% of hoteliers agreed to accept foreign tourists. Most of the opposing groups were hotels in the northeastern and northern regions.
Hotel operators returned to employment on average 53% of the pre-COVID-19 period. (Excluding temporary closures, the average is 59%)
Marisa Sukosol Nunphakdi, President of the Thai Hotels Association (THA) It said that currently employment in the tourism sector has fallen by more than 50 percent. If you look at the numbers, under normal conditions, there are 16,282 hotels registered with the association, with more than 860,000 employees in the system. It is estimated that more than 460,000 people have lost their jobs and have left the tourism sector. The remaining about 400,000 people may not receive a full month’s salary, reduce working hours because the hotel has no income at all.
After the outbreak of COVID-19 which affects the tourism industry as a whole Thai Hotels Association It has called on the government to step in to help, such as procuring and distributing vaccines faster than planned, loan assistance measures and a suspension of principal or interest payments. In order to support the entrepreneurs from selling the business, asking to reduce the cost of electricity. including wage support to support employment awaiting business recovery
However, for “Debt Warehouse Project” The government came out to help the hotel business operators. The president of the Thai Hotels Association reflected that fewer entrepreneurs participated in the project as they should. Because commercial banks have many conditions, such as only good debtors. low debt make it difficult to access help
As for the measures to stimulate tourism, open to pilot foreign tourists. “Phuket Sandbox” The Tourism Authority of Thailand (TAT) reported that during the 40 days of the project, from July 1 to August 9, 2021, there were 18,654 tourists participating in the project, 18,602 people were not found infected. Vid-19 of 52 people
In terms of hotel bookings that meet the SHA+ standard, it was found that during the third quarter of 2021, there were 353,529 nights, divided into 190,843 nights in July, 143,566 nights in August and 19,120 nights in September. October 2021 – February 2022, 9,797 nights
however Efforts to attract foreign tourists to Thailand amid the COVID-19 pandemic with the number of daily infected people has reached 20,000 people. Still difficult to achieve Many nations have issued a warning to citizens coming to Thailand. Most recently, the US Centers for Disease Control and Prevention (CDC) has elevated Thailand to a country at very high risk of the COVID-19 outbreak. also adjust the warning to the maximum level 4 for those who will travel to Thailand Currently, about 70 countries are in Group 4, like Thailand, such as Brazil, Chile, Indonesia and Malaysia. The European Union has removed Thailand from the EU White List of safe countries due to the COVID-19 outbreak.
It is a crisis in the hotel and tourism business that is still dark and gloomy. It’s no different from the future of Thailand at this time.
.
