Market Research Reports - Ken Research Destination Wedding in Thailand | Page 2

included offering food to in-patients and staff members of various hospitals , clinics and other healthcare centers in the country .
Thailand Hotels and Wedding Halls Market Snapshot
The hospitality sector of Thailand contributed the majority share of ~% to the overall revenues generated by the country ' s catering market during 2017 . The largest share of hospitality sector was contributed by the hotels and event halls in Bangkok ( Khao San , Sukhumvit , Bangkok Riverside , Silom . Siam , Pratunam , Chinatown , and near Suvarnabhumi Airport ) and Pattaya region ( Banglamung , Nong Prue , South Pattaya , and Central Pattaya ), owing to more local and foreign population in such areas , as compared to other regions of the country . The revenues from hospitality catering services were dominated by the 5 star hotels during 2017 . These hotels collectively generated USD ~ million from their food and event catering services during 2017 . 4 star hotels on the other hand accounted for the second largest share , adding USD ~ Million in hospitality catering market revenues during 2017 . 3 star hotels focus on hosting all types of events hosting events at a reasonable price , which limits their revenues in comparison to other players operating in the space . Such entities contributed USD ~ million to the market revenues during 2017 .
Future Outlook to Thailand Catering Market
The revenues generated by catering market players in Thailand are projected to augment to USD ~ million by 2022 from USD ~ million during 2017 , registering a robust CAGR of ~% during the same period . Surging numbers of MICE events from ~ during 2017 to ~ during 2022 is also expected to expand the customer base of the caterers during the same period . The rising numbers of marriages from ~ during 2017 to ~ during 2022 is expected to be the major reason behind the dominant share of hospitality sector in the revenues of overall catering market on Thailand by 2022 . This is also projected to be accompanied by the rising numbers of MICE events at a CAGR of ~% between 2017 and 2022 . In-flight catering services are expected to constitute ~% in the overall revenues during 2022 .
Key Topics Covered in the Report Thailand Catering market introduction Thailand Catering market size Thailand Catering market segmentation by Sector Thailand Hotels and Wedding Halls segmentation by type Thailand Hotels and Wedding Halls Market Snapshot