Banyan Tree's Founder Sees Tourism Recovery for Thailand

The transcript discusses the optimism for Thailand's recovery in the hospitality sector, despite challenges posed by COVID-19 variants like Omicron. It highlights the current occupancy rates, financial metrics, and the impact of the pandemic on hotel profits. The conversation also covers expansion plans, the importance of domestic and regional markets, and the resilience of the Asian market in handling distressed assets.

What is the current occupancy rate mentioned for Thailand's hotels?

What factors contribute to the optimism about Thailand's recovery?

What does the speaker mean by 'this is the beginning of the end'?

What are the expected occupancy rates for January and the first quarter?

How does the speaker describe the impact of Omicron on travel bookings?

How does the speaker differentiate between the current situation and pre-COVID times?

What is the speaker's perspective on the future of hotel room rates?