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Inoculation key to Mice sector revival
published : 17 Mar 2021 at 04:00
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Bangkok hotels under the SET-listed Grande Asset Hotels and Property Plc (GRAND) are encouraging the government to accelerate mass inoculation as hotels are already suffering from the lack of international tourists and Mice (meetings, incentives, conventions and exhibitions) travellers.
Pasu Tunruengsri, vice-president hotel strategy and analysis at Grande Asset Hotels and Property, said the revenue contribution from Mice events was often as high as 40% in Bangkok and the group had lost tens of millions of baht per month following the new wave of the pandemic in December of last year.
The group has five top-tier hotels, of which three are located in Bangkok including Royal Orchid Sheraton Hotel & Towers and Hyatt Regency.
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