Old Feb 20, 14, 8:55 am
  #11  
remymartin
 
Join Date: Jan 2012
Location: HEL
Programs: SPG/Accor/NCH-P IHG-S HH-D CC-G, BA/A3-G AY-P, Octopus
Posts: 5,057
Originally Posted by Dr. HFH View Post
Actually, I'm not. In my mind, balancing that 1) Thailand is an incredibly popular tourist destination, 2) which right now and for the indefinite future is experiencing occasionally quite violent political unrest aimed at regime change, thus driving tourists away resulting in very low hotel occupancy rates, I had guessed that those factors would balance out to no net change.
OK, two examples: St Regis Bangkok, ROS. Both need to go down to be able to compete with other properties. I was also expecting LM Chiang Mai to go up a notch.
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