Thailand Hotel Investment to Grow This Year, Says JLL
Skift Take
Thailand's hotel investment market is poised for continued growth in 2025, following a report of record-breaking THB 22.3 billion in transactions for 2024.
STR reported China hotel data for the week ended May 3rd. Hotel RevPAR in China was down 2.7%, up against a tough 8% increase comp in the year-ago week. Occupancy was positive, up 3.2% year over year, as this includes the start of the May Day Labour Holiday Golden Week. The decline in RevPAR was all due to the 5.7% drop in average daily rates.
JLL's latest Thailand Hospitality Financing Guide said Thailand's hotel investment market is projected to maintain its growth trajectory in 2025. This follows a record-breaking year in 2024. JLL said the sector's resilience and strong investor interest are expected to continue driving activity across various segments. Hotel transaction volumes reached THB 22.3 billion in 2024, with investors showing interest in both freehold and leasehold properties. JLL is forecasting that hotel transaction volumes in 2025 will reach approximately THB 13 billion, maintaining levels above the historical average. The momentum is support