We visited Chiang Mai for the first time in May this year and absolutely loved it. So much so we are looking to return in May next year. I have been doing a bit of research (it keeps me going between trips) and have noticed that the prices for a couple of places we stayed in and a few others we checked out but did not use have almost doubled. Also the booking sites are saying between 49% and 68% of rooms are sold out for that time of year. My questions are 1. is there something happening in May next year? 2. has the cost of living greatly increased? or is this connected to the recent closure of many guesthouses?
Would be interested if anyone can shed any light on the matter?