Bangkok to see around 5,000 new hotels rooms by year-end

Two hotels were completed in Q1.

Bangkok's hotel market expanded in the first quarter of 2026 with the completion of two new properties, while operating performance remained broadly stable, according to JLL.

New supply included the 86-key Shama Sukhumvit 101 Bangkok serviced apartment project in Upper Sukhumvit and the 405-key Grand Nikko Bangkok Sathorn.

JLL said Bangkok's hotel inventory continues to be dominated by the upscale and midscale segments, which account for 37% and 36% of total supply respectively. Approximately 5,000 additional rooms are expected to enter the market by the end of 2026.

Revenue per available room (RevPAR) remained stable compared with the same period last year. Rising occupancy levels offset declines in average daily room rates, particularly during March as the market moved beyond the peak tourism season.

Investment activity was selective during the quarter. JLL recorded one completed transaction involving the long-term leasehold rights to Aura Best Beach Samui. The new owners plan a major renovation programme aimed at repositioning the property as an upscale boutique hotel.

Looking ahead, JLL expects investor sentiment towards Thailand's hotel sector to remain positive, supported by the country's established tourism industry. Hotel investment volumes are forecast to remain broadly in line with the 10-year average, at around USD450 million in 2026.