Thailand Hotel Closures Surge 42% as Tourism Recovery Fails to Reach Many Businesses
BANGKOK, October 27, 2026 — Thailand recorded 148 hotel and accommodation business closures in the first nine months of 2026, a 42% increase from the same period last year, as operators face uneven tourism recovery, rising costs and intensifying competition, according to KASIKORN RESEARCH CENTER (KResearch). The increase follows a








