Thailand Hospitality Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Hospitality Industry in the Thai Market Report is Segmented by Type (Chain Hotels and Independent Hotels) and Segment (Service Apartments, Budget and Economy Hotels, Mid and Upper Mid-Scale Hotels, and Luxury Hotels). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Thailand Hospitality Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Thailand Hospitality Industry Overview

The Thai hospitality industry is fragmented and combines international and domestic brands and chain hotels. The industry's majority of the hotels/chains are independent or homegrown brand chains. The brand penetration rate is also growing, increasing Thailand's domestic and international tourist activities. Accor SA, InterContinental Hotels Group, Centara Hotels, Radisson Hotel Group, Hyatt, and Marriott International, Inc. are a few of the leading companies in the industry.

Thailand Hospitality Market Leaders

  1. Centara Hotels

  2. Accor SA 

  3. InterContinental Hotels Group

  4. Marriott International, Inc 

  5. Hyatt

  6. *Disclaimer: Major Players sorted in no particular order
Thailand Hospitality Market Concentration