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Political unrest hits Thailand’s C&I industry

Profile Photo By: H L
January 11, 2014

Political unrest hits Thailand’s C&I industry

The big automobile stopper on one of the central streets of Bangkok on 30 July 2007. The basic problem of the Asian megacities is the complicated traffic
The big automobile stopper on one of the central streets of Bangkok on 30 July 2007. The basic problem of the Asian megacities is the complicated traffic

The People’s Democratic Reform Committee’s (PDRC) plan to ‘Seize Bangkok’ ? effectively shutting down the city ? on January 13 has caused unease among C&I operators who are reluctant to plan anything until the political issues are resolved.

The Association of Domestic Travel has also claimed the situation will squeeze C&I business. Hotel occupancy in Bangkok could drop 30-40% at a time when hotels are usually fully booked.

The association’s president, Yutthachai Soonthronrattanavate, said: “Tourism sentiment is not good at present. Everybody has kept their attention on politics. If the capital is seized by the PDRC as announced, travel barriers in Bangkok will get more serious.”

Paul Stevens, director of operations for Accor Thailand, revealed that the company?s hotels situated in downtown Bangkok had already felt an impact, with room bookings slowing down.

He said: “We hope that the situation remains peaceful so that tourist arrivals can stay on track in 2014.”

Source C&IT Magazine, http://www.citmagazine.com/article/1225962/political-unrest-hits-thailands-c-i-industry

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