Hotels are struggling to raise room rates amid intense competition in the industry, despite pressure from higher operational costs due to surging electricity bills and wages.
On Tuesday the cabinet agreed to raise the minimum wage from October, while the power tariff for the September-December period has reached a record high of 4.72 baht per kilowatt-hour (unit).
Marisa Sukosol Nunbhakdi, president of the Thai Hotels Association (THA), said those two expenditures usually account for the largest costs in hotels’ operations.
