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Thai Billionaire’s Hotel Arm Says Bookings Starting to Recover

  • Asset World Corp. says bookings have started to pick up
  • CEO expects virus outbreak to hit revenue in short term
Wallapa Traisorat on Feb. 19.
Wallapa Traisorat on Feb. 19.Photographer: Andre Malerba/Bloomberg

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The hotel development unit of Thailand’s richest man said room bookings have started to recover from the disruption caused by the novel coronavirus outbreak.