Yes and no.
If something is priced in bahts, the fact that a customer doesn't have enough bahts (because his home currency has declined) is no reason to change the baht price for him.
But if lots of customers lack enough bahts (or dollars, or euros), businesses have been known to choose a course other than just resigning themselves to fewer customers.
They have been known to lower their prices to a point that they hope will actually result in more income from more transactions than they'd get by keeping their prices where they were. (The same principles apply to would-be employees in the labor market as well.)
Thus, a few customers' hard times should make no difference. It's often another story when hard times are more widespread.
However, all of that's more applicable to local customers than to tourists: Tourists will have paid still-hefty travel fares and barely-reduced hotel and restaurant prices, and they'll have a limited amount of time--which argues against casting themselves as strapped, and which pressures them to pay the "asking" price or risk a bad reputation or going home unsatisfied.
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