The growth of the tourism industry in the Asean region, support from the business sector, and the strength of its hotel portfolio are being credited for 2018 profits of Bt141.62 million on revenues of Bt418.83 million by Strategic Hospitality Extendable Freehold and Leasehold Real Estate Investment Trust (SHREIT). 

PLUS PROPERTY says its research had found that real-estate growth is closely linked to tourism growth in Chiang Mai, Chiang Rai and Khao Yai.