Accor hotel business plummets in Thailand
BANGKOK – The impact of political uncertainty and the global financial crisis on Thailand has been revealed in new figures from Accor.
Occupancies of Accor hotels in Thailand dropped 16.1% like-for-like during the first half of 2009.
Accor said its hotel business in Thailand “remains depressed†and continues to be affected by the slow down of tourist arrivals.
Oswald Pichler, vice president, Accor Thailand, Cambodia and Laos, said, “The hotel business in Thailand continues to be affected by the much publicised demonstrations and slowing of global tourism.
“Whilst the domestic issues have settled, it will be a slow recovery back to the trading conditions of 2008.â€
Pichler added, “Accor is working with tourism partners and operators and exploring unique sales activities, which are resulting in incremental revenues for its hotel network, however there remains a distinct lull in long haul business.â€
Accor operates 41 hotels throughout Thailand, covering the spectrum of accommodation from the economy sector with Accor’s All Seasons and Ibis hotel brands, through to luxury accommodation with Sofitel Luxury Hotels.
Pichler said Accor had maintained a consistent presence in Thailand since opening a regional office in Bangkok in 1988.
“During this time we have seen numerous highs and lows of tourism and remain confident in a return of arrivals in the mid term.
“The relationships that Accor has built with key representatives of the Thailand travel industry are helping to shield the owners of the hotels that Accor manages from the full effects of the downturn which has resulted in declines of in arrivals to the country by 22 percent.â€
Globally, Accor’s first half 2009 revenues declined 8.1 percent like-for-like.
Hotels revenue continued to decline, contracting 11.4 percent like-for-like.
Ian Jarrett
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025