SUBSCRIBERS
Rayong hotels hit by oil sector woes, economic slowdown
Published Wed, Jun 1, 2016 · 09:50 PM
Bangkok
HOTELS in Rayong province are struggling as the economic slowdown and lower oil prices hit spending by companies at nearby industrial estates.
Wiwat Tangjitkobboon, Cape & Kantary Hotels' corporate group director, said that hotel demand had plummeted in the past two years.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Evictions surge in Arizona with housing shortage and rising prices
China property shares firm after Politburo highlights clearing inventory
Dubai billionaire’s children plan to revive troubled world islands
UK commercial real estate lending plunges to lowest in a decade
Hybrid, flexible working set to curb Singapore office usage and rents
Australia home prices sustain growth in April, CoreLogic says