Distressed Hotel Asset Sales in Thailand May Turn Into a Gold Mine for International Chains
Pictured is the Bangkok skyline. Developers are looking to buy hotel assets going out of business because of the pandemic. Raini Hamdi / Skift
Skift Take: Covid-19 unearthed hotel vulnerabilities, but Thai asset owners are not retreating. That means more branding opportunities for chains, but how they handle the pandemic will be closely watched.