Hotels Up for Sale in Chiang Mai as Chinese Tourism Dries Up

Thailand confronts prospect of prolonged decline in mainland tourists

Hotels Up for Sale in Chiang Mai as Chinese Tourism Dries Up

CHIANG MAI – Thailand’s hospitality industry faces a shakeout as it confronts the prospect of a long decline in Chinese tourists. Official data published this week revealed that the number of Chinese tourists fell 8.8% in the third quarter, contributing to lower than expected economic growth in the period. Chinese tourists make up about a […]