Where are the best locations for hotels for sale in Thailand?
Despite the ongoing pandemic and its immense impact on global tourism, Thailand remains one of the most desired travel locations for international travelers. There is much to love about tourism in Thailand with the mountains in the north, unique culture in the east/northeast, and pristine beaches in the south. As the tourism industry looks to rebound, there are many hotels for sale in Thailand at attractive prices that would be a worthy investment for any hotelier.
Of course, choosing where to buy a hotel can be a difficult task, especially in a diverse country like Thailand. Each region’s hallmark attracts different types of tourists and dictates how a hotel presents itself and what amenities it offers. For interested parties keen on shopping for available hotels in Thailand, here is a quick summary of the different regions and the opportunities that will arise after COVID-19
Bangkok
The Thai capital is home to around 14 million residents and encompasses an area around 30x the size of Manhattan. Suffice it to say that Bangkok is huge, and because of its population, it is not easy to get around. That means that there are only a few excellent locations for a successful hotel or hostel. Keep in mind, Bangkok hotels are highly competitive, so while you will likely get a steady stream of guests, you will feel constant urgency to keep up with the competition.
With Bangkok’s public transportation being insufficient for its scale, hotels along the BTS Skytrain and MRT subway lines are highly coveted. If you are targeting shoppers and nightlife seekers, anywhere between Phra Khanong and Siam on the BTS Green Line is excellent for tourists as there is an abundance of options. If your target customer is more into the cultural attractions, then locations along the BTS Dark Green Line from Siam to Surasak should be where you look.
Southern Thailand
A few provinces in southern Thailand are guaranteed to attract thousands of tourists each month, chiefly Phuket, Krabi, and Surat Thani (home to Samui, Tao, and Pha Ngan islands). These tried-and-true beachfront locations are some of the most popular and developed areas in Thailand, so a hotel for sale in any of those provinces would be a safe investment.
But if you want to get ahead of the curve and are interested in some of the up-and-coming destinations, you should look at Trang and Nakhon Si Thammarat. These adjacent provinces straddle the east and west coasts for southern Thailand and are gaining popularity as travel destinations as tourists choose to avoid crowded areas like Krabi and Phuket.
Isaan
Northeastern Thailand, colloquially referred to as Isaan, is one of the least visited areas by international tourists despite consisting of 20 provinces. This is mainly due to poor transportation options to get to these provinces, however, the destinations themselves are quite beautiful.
Those shopping for hotels for sale in Thailand should strongly consider Isaan as a place to make an investment. With plans for a high-speed train from Bangkok in process, the region will undoubtedly blossom for international travelers and Thais alike.