Thailand’s Asoke-Ratchada area is becoming a new focus for tourism related activities, according to research by property consultancy Knight Frank.
Risinee Sarikaputra, director and head of research and consultancy at Knight Frank, said the area currently already had 6,854 rooms in 36 three-star hotels, Nation Multimedia reported.
Most of the hotels are on Ratchadaphisek Road, with about 3900 rooms representing 57 per cent of the total, followed by the Phetchaburi and Rama IX areas, with 19 and 17 per cent respectively.
The consultancy finds that the demand for rooms in the aforementioned areas is mainly from Asian and Russian tourists.
The research also finds that many Asian tourists would like to save money on hotels in Bangkok in order to spend money on food and shopping.
The greater use of the MRT train network Ratchadaphisek Road route have helped boost budget conscious guest numbers at the hotels along this route.