Koh Samui struggles with oversupply of hotel rooms, bringing down occupancy in high season

[The Pattaya News]

Hoteliers in Koh Samui are suffering from oversupply, dragging down the occupancy rate. The occupancy rate on the island during the final quarter this year, as of Dec 20, has plunged to 30% from 50% in the same period of 2018, said Vorasit Pongkumpunt, president of the Tourism Association of Koh Samui. During the last […]

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[Harry Brown]

Lol,  they just don't get it.

Supply and demand. at the moment there is no demand. 

I thought the "cheaper" tourist made up for our shortfall by flooding the market with numbers? At least that's the way I understood  them.

Now if the hotel industry and the Thai Airlines got together and offered cheap deals /packages to the Western market, who are more inclined to spend then they might see an easing of the downturn of occupancy in the tourist sector.

Then again I keep getting told that we're worth nothing.

[Stillearly]