Asian Hotel Occupancies Down

According to a Knight Ridder/Tribune Business News report, hotel occupancy reports are down 10 to 15 percent in Thailand due to the U.S.-Iraq war and the severe acute respiratory syndrome that has affected the country. The largest drops were in Bangkok, where hotels report occupancy drops of 30 to 40 percent, according to the Thai Hotels Association. Hotels in Southern Thailand reported 10 to 15 percent fewer guests than they had this time last year.