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Top Thai Hospital Bets on Tourists to Counter Covid Revenue Dip


Bangkok Dusit Medical Services Pcl, Thailand’s biggest private hospital operator, expects a rebound in international patient arrivals to make up for an expected decline in revenue from Covid-19 treatment and services. Foreign patients seeking treatment at Bangkok Dusit’s 53 hospitals in the Thai capital and other tourist hotspots have reached about 90% of the pre-pandemic level, Chief Executive Officer Poramaporn Prasarttong-Osoth said. The recovery in fly-in patients are led by those from the Middle East, Australia, Cambodia, Laos, Myanmar and Vietnam. But a slower-than-expected return of European tourists may still weigh on earnings in the second half, especially of hospitals in places such as Phuket, Koh Samui and Pattaya as they serve visitors from the region, she said.

Bloomberg - August 28, 2022

View the full story here: https://www.bloomberg.com/news/articles/2022-08-28/top-thai-hospital-bets-on-tourists-to-counter-covid-revenue-dip