Hostels demand new regulations for sector amid slumpListen to this articleMs Naree, centre, said many hostels have been shuttered since the pandemic due to a lack of funds. There are only 800 hostels offering 40,000 beds in Thailand, down significantly from 2019, when there were 1,200 hostels offering 60,000 beds, generating over 400 million baht revenue. She added that the hotel regulations are also too stringent in terms of the safety certification, and this usually requires a huge budget to develop the safety mechanism required. She said the government should draft the new regulation before the latest ministerial regulations allowing hostels to enter the system expire in August 2025. The Hostel Thailand Association was established last year.