Thailand’s Luxury Hotel Boom Has a Catch: Nobody Wants to Sell

Thailand's booming luxury hotel market is facing a unique challenge as demand far exceeds available properties, creating fierce competition among investors. This scarcity is driven by the influx of private wealth eager to snap up high-end assets, pushing up prices and making it difficult for sellers to part with their prized possessions. This dynamic not only highlights the country's growing appeal for the ultra-rich but also raises questions about the sustainability of such a rapid expansion in the luxury hospitality sector.