The Lumphini area of Bangkok, Thailand, where a number of high-end hotels are located. Photo: AFP
In Thailand, Airbnb and homestays undercut hotel industry as tourists seek unique experiences
- Airbnb generated US$1.1 billion in direct economic impact to the Thai economy last year, nearly half to local communities
- But hotel operators say home share offerings operate without proper licences and are affecting their businesses, as the strong baht also hurts tourism
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Thailand
The Lumphini area of Bangkok, Thailand, where a number of high-end hotels are located. Photo: AFP