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(From Thai Press Reports)
Section: Business News - Hotels in Thailand's southern business district of Hat Yai in Songkhla Province have lost at least Bt1 billion over the past year, and many have been forced to close, as tourists steer clear of the volatile southern border region.According to Mr. Somchat Phimthamaphoonporn, President of the Hat Yai Hotel Association, the Hat Yai tourism industry has been dealt a heavy blow by the southern insurgency, with hotels suffering particularly badly.
Pointing to average occupancy rates of just 40-50 ...