THAILANDSICThailand Standard Industrial Classification

TSIC Activity

55101

Hotels and resort hotels

ประกอบกิจการ รีสอร์ท และให้เช่าที่พักชั่วคราว

What this activity covers

This activity involves providing short-term accommodation services, including hotels and resort hotels, with various additional amenities.

  • Hotel accommodation — Providing furnished guest rooms and suites for short-term stays
  • Resort hotels — Offering accommodation with recreational facilities
  • Serviced apartments — Furnished apartments for short-term rentals
  • Food and beverage service — Providing dining options for guests
  • Conference facilities — Offering spaces for meetings and events
  • Recreational amenities — Including swimming pools and fitness centers

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Event services — Organising events and functions for guests
  • Leasing accommodations — Renting out apartments and condominiums
  • Food services — Operating restaurants and bars on-site

Foreign ownership

List 3: Restricted, FBL/BOI route availableinherited from 551

Hotel business, except the hotel management service

Hotel management contracts are outside this item; operating the hotel itself is restricted.

FBA B.E. 2542, List 3 (17)Routes: Foreign Business Licence, BOI promotion, US Treaty of Amity

Auto-mapped, verify against the Act. These TSIC mappings are indicative, not legal advice; the schedules of the Foreign Business Act B.E. 2542 are the authority. See the full foreign ownership reference.

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

13,575
active companies operate here
฿698.9Bregistered capital, combined
฿403.8B
Sector revenue · 2025
+24% since 2023
฿40.3B
Net profit · 2025
5,247 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
4%of new registered capital is foreign-held
฿105.3M foreign฿2.3B Thai

Largely domestic, with some foreign investment.

New in 2026

586-33.2%

registrations, YTD

Registered capital

฿698.9B-0.2%

since year-end

Largest by registered capital

  1. 1TCC Hotel Asset Management Co., Ltd.Bangkok฿69.0B
  2. 2Siam Sinthorn Co., Ltd.Bangkok฿15.0B
  3. 3Sukhumvit City Co., Ltd.Bangkok฿7.1B

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

3,611
Registered
since 2022
3,397
Still active
214
Dissolved
฿1.5M
Median capital
of active

New registrations per year

2022peak 987 in 20252026

Largest active companies by registered capital

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

Emerhub

Restricted activity? There is usually a route.

Emerhub structures foreign-owned companies around FBA restrictions: Foreign Business Licence applications, BOI promotion, and compliant shareholding structures. Talk through your case before you commit to one.

Talk to Emerhub Thailand