Pattaya gains more business

Pattaya gained the highest occupancy averages, January through to the end of April’s Songkran festival, of all the regions monitored by Thai Hotels Association, according to eastern chapter president, Bundarik Kusolvitya.

Baht expected to strengthen further

The baht, which last week spiked up above Bt30 per dollar for the first time since January, will continue to appreciate because of expected higher exports and more foreign direct investment, boosted by the natural disasters in Japan, according to HSBC Global Research.