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Thai Hotels Price Continues to be Good Value for Money

October 8, 2014 OTA News No Comments Email Email

The latest Hotels.com Hotel Price Index (HPI) unveiled the average price paid by Thais for a hotel room in Thailand during the first six months of 2014 decreased by 5 percent, or an average of 2,667 THB per night.

The average price paid by Thais when travelling in their home country saw a decrease at the start of the year, mainly as a result of the political situation. During this period, Phuket hotel prices saw a 10 per cent fall to 3,250 THB.  On the eastern seaboard, hotel prices in Pattaya recorded a 9 per cent drop 2,503 THB, while Bangkok prices decreased 8 per cent to 2,235 THB. A 5 per cent slide took Chiang Mai to 1,855 THB while Koh Samui slipped 1 per cent to 3,098 THB per night.

Krabi, on the other hand, was the only destination on the survey that experienced a jump in prices with the average hotel price paid per night increasing by 5 per cent to 3,226 THB.

Average hotel prices paid by Thais when travel in Thailand in H1 2014 compared with H1 2013 in THB

Destination H1 2014 H1 2013 % change
PHUKET 3,250 3,607 -10%
KRABI 3,226 3,067 5%
KOH SAMUI 3,098 3,127 -1%
PATTAYA 2,503 2,762 -9%
BANGKOK 2,235 2,435 -8%
CHIANG MAI 1,855 1,962 -5%

When it comes to hotel prices paid when travelling abroad, the survey found that Thais were more willing to pay higher rates. From all countries surveyed Thailand was found to have the third largest gap between domestic and international hotel rates after Argentina and India.

Of the 32 countries analysed, 27 paid more abroad than at home with several having a significant gap between the two sums. The Argentineans spent 2,665 THB a night more on average when travelling abroad, followed closely by the Indians on 2,315 THB and the Thais on 2,112 THB.

Average room prices paid by travellers when travelling overseas versus those paid within their own countries in H1 2014 in TH 

Country Away Home Less /More

when Away

Switzerland 5,959 6,873 -914
Norway 5,838 5,965 -127
Argentina 5,838 3,173 2,665
USA 5,810 4,374 1,436
Japan 5,630 3,669 1,961
Brazil 5,621 4,132 1,489
Sweden 5,608 5,414 194
United Kingdom 5,588 4,641 947
China 5,508 3,530 1,978
Australia 5,480 5,206 274
New Zealand 5,406 3,988 1,418
Austria 5,252 4,198 1,054
Ireland 5,229 4,122 1,107
Russia 5,189 4,273 916
India 5,185 2,870 2,315
Denmark 5,142 5,281 -139
Mexico 5,140 4,035 1,105
Colombia 5,104 3,855 1,249
Canada 4,880 4,379 501
South Korea 4,854 4,695 159
Italy 4,819 3,941 878
France 4,780 3,635 1,145
THAILAND 4,779 2,667 2,112
Finland 4,759 4,673 86
Spain 4,757 3,527 1,230
Portugal 4,710 3,248 1,462
Germany 4,707 3,890 817
Singapore 4,661 5,683 -1,022
Netherlands 4,657 4,249 408
Hong Kong 4,593 4,656 -63
Taiwan 4,349 3,714 635
Malaysia 4,167 2,642 1,525

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