News Forum - Floods wreak havoc on Chiang Mai hotels occupancy rates

[Thaiger]

Severe floods in Chiang Mai from October 4 to 6 have devastated the local hotel industry, plunging occupancy rates by a staggering 30% and impacting 1,500 to 2,000 rooms across the province. La-iad Bungsrithong, a board advisor for the Thai Hotels Association (THA), revealed that conditions are gradually improving. “Since Monday, many hotels in the … …

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No mention of the thousands of citizens flooded out and devastated... just how many baht the hotels are losing... and the price gouging that is taking place... My car needed electrical service after being flooded... insurance covered the expense except for the battery... that battery is now priced at 7000baht by the repair shop... it's originally a 999baht battery at retail all over Thailand.  In order to get my car released I agreed to 2000baht which is still double the price...