Khao San Road hotels and hostels have reported that 50% of their room reservations have been cancelled, thanks to the ongoing protests and the country's political uncertainty.

According to Mr. Surat Wongchansin, the consultant for the Khao San Road Business Association, foreign tourists who have planned to visit Thailand and stay in the Khao San Road area have begun to cancel their travel plans.

More than 50% of room cancellations have been made so far, stemming from recent violence in demonstrations.

Mr. Surat reported that restaurants, entertainment establishments, and souvenir shops have suffered as much as a 70% drop in sales.

As next year's room bookings for December and January have all but disappeared, hotels and hostels are scrambling to roll out recent promotions of as much as 50% discounts on rooms - with some nights being discounted from 150-200 baht down to 100 baht per night.

News from NNT