Last year, unofficially was the worse on record for diminishing business profits. According to numerous numerous acquaintances owners of, restaurants, bars, car rental shops etc etc. the girls appear quite concerned as well. I personally feel that Pattaya has "shot it's proverbial load." Been coming here since 1971 via US military. Retired here for 6 years. Think I've seen it all.
The list is too long, We used to be treated like kings, hard to find a fit girl, prices of many things less in our home countries blah, blah, blah.
Personally I still like the place and don't find it expensive living a vegetarian life style and drinking quite moderately.
I think the Global economic/recession/depression will usher in an even far worse "high season" than the one that didn't happen last year.