A note about the trend in the price of hotel nights in Bangkok, Thailand in the period 1991 - 2016

 A note about the trend in the price of hotel nights in Bangkok, Thailand in the period 1991 - 2016

The costs in of staying one night in a decent hotel in Bangkok, does not seem to have increased at all in the past 25 years. This notes considers the cost in US$ and hotels of similar quality.

An hotel accommodation is the kind of service whose price is supposed to rise faster than commodities and other material goods but this does nit seem to have happened. The 25 year time frame is long enough to even out local economic fluctuations.

In the image below  you can see the bill from my last stay in Bangkok. The hotel is the Grande Centre Point Ploenchit. It is a good hotel, but by no means very luxurious.

The cost of a two nights stay was 7,194 Thai Bath equal to US$ 201.56 or US$ 100.50 per night.

I remember paying 135.00 US$ to stay in a hotel of comparable quality in 1991. At the time this price did not seem particularly high. I have a clear recollection of the prices in that particular year because at the time I was stopping over frequently in Bangkok during trips between other cities in Asia.

The hotel I was using 25 years ago does not exist anymore today. It was the old Siam Intercontinental Bangkok. Room. The hotel had a large garden and park that the Grande Centre Point Ploenchit of today lacks, but the rooms were certainly of lower standard and with very old and aged furniture even for 1991. I do not think it was an hotel of any higher class or rating that the one of today. 

As a further test I have tried to check the price for one night stay at the Nai Lert Park Hotel, Bangkok for one night from June 3 to June 4, 2016. This hotel has a huge park with a large swimming pool and it is certainly a better and more high class hotel for today standards that the old Siam Intercontinental was for the standards of 1991.

The result is here: Thai Bath 4825.70 all inclusive rate equal to US$ 135.20. The same rate paid 25 years ago for a lower class hotel with smaller rooms.

2 Wireless Road ▪ Bangkok 10330 ▪ Thailand 
Tel: +66 2 253 0123 ▪ Fax: +66 2 253 6509 ▪Bangkok-nailertpark@swissotel.com

ROOM RATE INFORMATION

ROOM RATE	4100.00 THB
RATE DESCRIPTION	Daily Flexible Rate - Rate is subject to 17.7% VAT and service charge.

SWISSOTEL DAILY RATES

03-JUN-16
4100.00 THB
TOTAL RATE	4825.70 THB 10% Room - Service Charge 7% Room Federal Tax - VAT
ROOM DESCRIPTION	Classic Garden View - Twin bed, private balcony, garden or pool view, renovated room, contemporary design, wooden floor, high-speed WiFi
GUARANTEE POLICY	Credit Card is required at the time of booking in order to confirm reservation.
DEPOSIT POLICY	A deposit is not mandatory
CANCELLATION POLICY	Cancel by 4PM 03-JUN-16 to avoid any penalties.
CANCELLATION BY	Cancel by 4PM 03-JUN-16 to avoid any penalties.

CHARGES

START DATE	03/06/16 12:00:00 AM
EXTRA ADULT	1600.00 Additional fees may apply for cribs and cots (rollaways)

ADDITIONAL COSTS

TAXES

10% Room - Service Charge 7% Room Federal Tax - VAT

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