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Hotels take a major hit from the red siege
Spectrum, Nina Suebsukcharoen, Published on 09/05/2010
ยป Since the state of emergency was imposed in Bangkok in April foreign arrivals are down at least 20% from the same period a year ago. The impact on some hotels in the capital has been severe, and comes at a time when the industry was just beginning to see a substantial turn around, said Andrew Langdon, senior vice-president of Jones Lang LaSalle Hotels.
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