C9 Hotelworks has released a new report, Si Racha Serviced Apartment Market Update 2016, offering insights on the sector’s growth and potential along the Thai eastern seaboard with the increase in industrial activity.

Si Racha, Thailand’s second largest industrial and petrochemical zone, has recently seen over 65,000 work permits issued, especially to the Japanese community.

The research on the serviced apartment sector shows more branded properties will  enter the supply pipeline before the end of 2016, with Accor’s Novotel, Ascott’s Somerset and Centara along with a Movenpick in the pipeline.

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