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Additionally, stays at Thailands hotels during Songkran week have extended by 7.3% In Koh Samui, where the longest-staying guests are set to arrive, the averagelength of stay has increased by 1.5%, from 3.74 year-on-year from 2.41 nights to 2.59 nights to 3.80 year-on-year, from THB 6,742 to THB 6,586.
Travelers incrementally increased their hotel stays, with the averagelength of stay growing only slightly in 2022 to 1.93 Stays booked to Spain in August were the longest globally, at 2.65 Overall, travelers booked with more commitment to travel than the year prior.
Travellers incrementally increased their hotel stays, with the averagelength of stay growing only slightly in 2022 to 1.93 Stays booked to Spain in August were the longest globally, at 2.65 Overall, travellers booked with more commitment to travel than the year prior.
Hotel averagedailyrate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93. The average booking lead time for hotels is 29.7 The averagelength of stay is 1.93 The average cancellation rate is 20%. An annual revenue growth rate of 4.2%
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