THAILANDSICThailand Standard Industrial Classification

TSIC Activity

55102

Guesthouses

ประกอบกิจการบริการที่พักระยะสั้น เช่น เกสต์เฮ้าส์ บังกะโล และที่พักราคาประหยัดอื่นๆ ซึ่งดัดแปลงหรือสร้างขึ้นและแบ่งห้องเป็นที่พักแรม

What this activity covers

Companies provide short-term accommodation services, primarily through guesthouses and similar budget lodging options.

  • Guesthouses — Short-term accommodation services in guesthouses
  • Bungalows — Budget accommodations in bungalow format
  • Budget Lodging — Affordable overnight stays in various forms
  • Vacation Rentals — Rental services for vacation homes and similar properties
  • Apartments — Short-term accommodation in apartment settings

What companies here also do

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

  • Resort Operations — Management of resort-style accommodations
  • Property Leasing — Leasing residential properties and vacation homes

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.

566
active companies operate here
฿2.4Bregistered capital, combined
฿2.0B
Sector revenue · 2025
+81% since 2023
฿195.5M
Net profit · 2025
247 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
8%of new registered capital is foreign-held
฿2.0M foreign฿24.6M Thai

Largely domestic, with some foreign investment.

New in 2026

16-33.3%

registrations, YTD

Registered capital

฿2.4B-3.9%

since year-end

Largest by revenue

Latest filed-year revenue, not a multi-year total

  1. 1Yudut Holiday (Thailand) Co., Ltd.฿241.2M
  2. 2Kep Sap Property Co., Ltd.฿212.8M
  3. 3Yudut Resort (Thailand) Co., Ltd.฿122.3M
  4. 4Samui Yoga Retreat Co., Ltd.฿96.2M
  5. 5Amra & Sarifa Hospitality Co., Ltd.฿66.7M

Largest by registered capital

  1. 1Baan Saen Suk Nakhon Pathom Co., Ltd.Nakhon Pathom฿184.0M
  2. 2White Horse Hotel Management Group Co., Ltd.Bangkok฿100.0M
  3. 3162 Property Co., Ltd.Bangkok฿80.9M

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.

161
Registered
since 2022
144
Still active
17
Dissolved
฿2.0M
Median capital
of active

New registrations per year

2022peak 59 in 20242026

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