Hospitality vs Information and Communication Revenue 2026
In short
Accommodation and food service counts 83,598 registered companies as of 17 July 2026, 59.12 percent more than information and communication's 52,537. Information and communication still reports more total revenue, 1,332.06 billion baht against 941.43 billion baht, a 41.49 percent gap in its favor. Its average company also earns 36.01 million baht a year, more than double accommodation and food service's 16.35 million baht. Fewer, bigger firms beat more, smaller ones on revenue.
How do hospitality and information and communication compare in size?
Accommodation and food service counts 83,598 registered companies as of 17 July 2026, according to the DBD registry (DBD, 2026). Information and communication counts far fewer, 52,537. That gap comes to 59.12 percent more companies sitting in hospitality. Revenue flips the story. Information and communication companies report 1,332.06 billion baht in combined revenue. That is 41.49 percent more than hospitality's 941.43 billion baht. The average information and communication company earns 36.01 million baht a year. Hospitality's average company earns 16.35 million baht, less than half as much. A smaller sector built around telecom, software and media out earns a much larger one built around hotels, restaurants and food stalls.
Average revenue per company: hospitality vs information and communication
- Accommodation and food service16
- Information and communication36
Figures in million baht per company.
Information and communication earns more than double the revenue per company despite having 37.16 percent fewer companies than hospitality.
Hospitality vs information and communication at a glance
| Metric | Accommodation and food service | Information and communication |
|---|---|---|
| Registered companies | 83,598 | 52,537 |
| Companies with a filed financial statement | 59,330 | 38,810 |
| Total revenue | 941.43 billion baht | 1,332.06 billion baht |
| Average revenue per company | 16.35 million baht | 36.01 million baht |
| Average net profit per company | 0.90 million baht | 2.00 million baht |
| Average total equity per company | 11.36 million baht | 35.80 million baht |
| Net margin | 5.65% | 5.81% |
| Return on equity | 7.90% | 5.57% |
| Return on assets | 2.23% | 2.36% |
| Top company | Minor International Public Company Limited | Advanced Wireless Network Co., Ltd. |
| Top company's share of sector revenue | 2.00% | 14.89% |
Company counts, revenue and profitability by section, as of 17 Jul 2026.
Why the size and revenue mismatch matters
The mismatch says something about how each sector is built. Hospitality in Thailand still runs on volume. Tens of thousands of small hotels, guesthouses, restaurants and food stalls fill out its 83,598 companies, and its top firm, Minor International Public Company Limited, holds just 2.00 percent of the section's revenue. Information and communication runs on scale instead. Its top firm, Advanced Wireless Network Co., Ltd., alone holds 14.89 percent of the section's revenue, more than seven times Minor's share of its own sector. A telecom license, a data center or a national network costs a great deal to build and is hard to duplicate, so revenue concentrates in a handful of large operators rather than spreading across tens of thousands of small ones. That structural difference explains the average revenue gap better than any claim about which sector works harder. The World Bank's most recent monitor on Thailand also flagged the digital sector as growing faster than the wider economy, which fits a sector where a small number of large firms drive most of the revenue growth. For hospitality, the growth story runs the other way. It fills out its revenue with a huge base of small operators. For an investor or a lender, the two sectors call for different approaches. Hospitality rewards volume and footfall. Information and communication rewards owning infrastructure that few competitors can match.
Definitions
- Registered company
- A juristic entity recorded in the DBD registry, whether or not it has ever filed a financial statement.
- Filer
- A registered company that submitted a financial statement for the period covered. Only filers contribute to revenue, profit and margin totals.
- Average revenue per company
- A section's total reported revenue divided by its own count of filers, not by its full count of registered companies.
- Net margin
- Aggregate net profit divided by aggregate revenue for a section. A five percent margin means five satang of profit for every baht of revenue.
- Return on equity
- Aggregate net profit divided by average shareholder equity for a section, a measure of how much profit each baht of owner capital generates.
- Return on assets
- Aggregate net profit divided by average total assets for a section, a measure of how efficiently a section's asset base turns into profit.
- Industry section
- One of Thailand's 21 broad TSIC categories, the widest grouping in the registry, such as accommodation and food service or information and communication.
Assumptions
- Average revenue and average net profit per company come precomputed from the source aggregate table, each measured only across the companies that reported that particular field, a count somewhat below the 59,330 hospitality and 38,810 information and communication companies with any filed financial statement, and well below the full registered company count in each section.
- Net margin, return on equity and return on assets are aggregate ratios built from section totals, not an average of individual company ratios, so a few very large or very small companies can move the figure.
- CR5 and HHI concentration measures are not populated for either section in the source table, so top company revenue share here is computed directly from each section's top_company_revenue over its total_revenue rather than a preset concentration index.
- Figures reflect a registry snapshot as of 17 July 2026, a later refresh than the 2 July 2026 snapshot used elsewhere on Max Data Insights, so cross-page comparisons over that window should use ratios rather than raw totals.
Methodology
Registered company counts, total revenue and profit are drawn from the market_section_insight aggregate table in the Department of Business Development registry, as of 17 July 2026, for TSIC sections I, accommodation and food service, and J, information and communication. Average revenue, average net profit and average total equity per company come directly from that same aggregate table, which computes each figure only across the companies that reported that specific field for the period, so the count behind each average runs a little below the full count of companies with a filed financial statement. Net margin, return on equity and return on assets are aggregate ratios built from each section's total revenue, profit, assets and equity, not an average of individual company ratios. The top company and its revenue share come from the single highest reporting company in each section. Concentration measures such as CR5 or HHI are not populated in the source table for these two sections and are not used here.
How we verified this
- Company count gap recomputed as 83,598 divided by 52,537 minus one equals 59.12 percent, matching the stated hook that hospitality has 59 percent more companies.
- Revenue gap recomputed as 1,332,063,126,412.88 divided by 941,432,398,501.72 minus one equals 41.49 percent, confirming information and communication earns more total revenue despite fewer companies.
- Average revenue ratio recomputed as 36,013,386.14 divided by 16,346,582.83 equals 2.20, confirming information and communication's average company revenue is more than double hospitality's.
- Top company revenue shares recomputed directly: 18,875,301,683 divided by 941,432,398,501.72 equals 2.00 percent for hospitality, and 198,389,337,108 divided by 1,332,063,126,412.88 equals 14.89 percent for information and communication.
References
- Department of Business Development. (2026). Registered juristic persons and financial statement aggregates. Ministry of Commerce, Thailand. https://www.dbd.go.th/
- World Bank. (2025). Thailand economic monitor: Digital pathways for growth. World Bank Group, Washington, DC. https://documents1.worldbank.org/curated/en/099070225024525808/pdf/P508079-c47ce804-a29b-46f2-9207-38d85c3f032b.pdf
Frequently asked questions
Which sector has more registered companies, hospitality or information and communication?
Accommodation and food service, with 83,598 registered companies as of 17 July 2026, 59.12 percent more than information and communication's 52,537.
Which sector earns more total revenue?
Information and communication, at 1,332.06 billion baht against hospitality's 941.43 billion baht, a 41.49 percent gap despite having fewer companies.
Why does information and communication earn so much more per company?
Its average company reports 36.01 million baht in revenue against hospitality's 16.35 million baht, more than double. Telecom networks and data infrastructure cost far more to build than a restaurant or guesthouse, so revenue sits in fewer, larger firms rather than spreading across a large base of small operators.
Is one sector's top company far bigger than the other's relative to its own sector?
Yes. Advanced Wireless Network Co., Ltd. holds 14.89 percent of information and communication's total revenue, while Minor International Public Company Limited holds just 2.00 percent of hospitality's, showing far more revenue concentration in information and communication.
Cite this page
Chatpong L. (2026). Hospitality vs Information and Communication Revenue 2026. Max Data Insights. https://maxdatathailand.com/insights/hospitality-vs-information-and-communication-in-thailand-2026
Data & corrections
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Written by
Chatpong L.Founder, Max Data, Max Solutions Co., Ltd.
Chatpong L. leads Max Data, a company-intelligence platform built on Thailand's official business registry. He writes about the structure of the Thai economy using primary registry data. His work covers company formation, industry concentration, and regional business activity.
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This page reports company-level and aggregate statistics only. It names no individuals and makes no claims about any person. Figures are provided for information and may be revised as source data updates.