Thailand was voted the most attractive nation in Southeast Asia for investment in the hospitality industry at the Asia Pacific Hotel Investment Conference, thanks to the country’s strong infrastructure and ongoing tourism boom.
About 200 hotel executives and property owners across the Asia-Pacific region joined in the vote. Kevin Beauvais, co-founder and chief executive officer of Zinc/InVision Hospitality, based in Bangkok, was not surprised by the result. He said Thailand had remained more attractive for hospitality investment than other countries in the region.
Its competitive edge over rivals comes from its stronger infrastructure such as airport facilities and ground transport. Its performance will be much improved by the big investment on basic infrastructure initiated recently by the government, he said.