- Tourism News
The case for temporarily closing hotel and restaurant operations
OPINION by Bill Barnett As the final days of disruptive 2020 come screeching to an erratic end, hotel, and restaurant owners are peering into an unpredictable year ahead. Here in Thailand over the past week, the tourism industry has been shaken to its core over an uptick in Covid-19 cases and backroom speculation over fears of another round of lockdowns. (Restrictions,…
- Covid-19 News
Re-opening Thailand to tourism will be vaccine dependent
Bill Barnett from c9hotelworks.com continues to follow the difficult journey of the Thai hospitality industry. Traditionally, now would be the start of the country’s highly profitable high season for the tourism industry. But not this year. Thai hotels find themselves in the middle of an existential crisis – either still closed, only partly open, or one of the few converted…
- Phuket News
How Thailand’s domestic tourism market fell in love with Khao Lak during a pandemic
While Thailand’s doors remain mostly shut to international tourists, Thailand’s domestic travel wanderlust has turned Khao Lak into an Instagram hero. In the first 2 months of this year, according to research by consulting group C9 Hotelworks’ new Khao Lak Hotel Market Update occupancies soared above 80%. With the Covid-19 lockdowns, occupancy plunged in April and May, but as domestic…
- Phuket News
Phuket’s tourism high season hopes shattered in policy flip-flop
“The time has come that Thailand must gain confidence from international benchmarks.” Thailand’s leading resort island Phuket has come face-to-face with the reality that it’s tourism high-season will not see a marked reopening to overseas travellers. In the wake of the dismantling of the ‘Phuket Model’ and refocus by the government on using Bangkok as a single international gateway, there…
- Phuket News
Phuket hotels fighting for their lives as domestic tourism fails to support the island
In the wake of last weekend’s ministerial talkfest and discussions with local industry players on the island, Bill Barnett paints a bleak picture of a tourist island in freefall. All the shops, restaurants and hotels can’t remain empty, or merely keep their doors open with a handful of domestic customers, forever. Phuket’s hotel industry is reaching breaking point and drastic economic support…
- Opinion
Splitting atoms in the Big Bang – a day in the Big Mango
OPINION by Bill Barnett of c9hotelworks.com Despite the global pandemic, Bangkok’s rapid-fire megacity growth trajectory has remained largely in place. While life in Covid-19 times is a bit like sparring with wild gangs of chaos monkeys in a dead-end ally, thankfully one of the singular guilty pleasures of these strange times is the ability to at least travel domestically. Last…
- Economy News
Thailand’s property market set to experience brokerage megashift
by Bill Barnett It’s clear that Thailand’s real estate sector is expected to undergo a megashift as a result of the Covid-19 pandemic and search for a ‘new normal’, if that’s even possible. That said, one of the country’s leading PropTech groups FazWaz says the crisis has only accelerated dynamic charges to the sector that have been bubbling to the…
- Economy News
Phuket’s economy is more than just tourism
by Bill Barnett While Phuket’s brand and economic reality is that nearly half of its contribution to GPP (gross provincial product) comes from tourism is true, it’s important to understand that there are other generators that will aid in the island’s post-crisis recovery. The island’s real estate sector, that currently has a market value of over 100 billion baht (according…
- Tourism News
Back to business – time for Thailand’s tourist industry to get ready
OPINION by Bill Barnett from c9hotelworks.com Tourism is a vital part of Thailand’s economy. And as the country emerges into the post-Covid world, getting tourists back to the country will be an essential springboard to the rest of the Thai economy. None of that will be automatic or easy as international travel has been severely disrupted and will take months,…
- Covid-19 News
Thailand’s developers struggle with ‘guaranteed returns’ in Covid-19 property crisis
by Bill Barnett of c9hotelworks.com There is one key underlying fundamental for hotel branded residences returns, and the truism that best sums it up is that returns are a function of hotel trading performance and marketplace. In Asia, the largest branded residences market is Thailand. According to C9 Hotelworks market research, the country represents 29% of regional supply with key…
- Covid-19 News
Currency will be a key driver in Phuket’s (eventual) tourism recovery?
OPINION by Bill Barnett from c9hotelworks.com In the lead-up to the Covid-19 crisis one constant complaint by Thailand’s hotel sector has been the strength of the Thai Baht. Zeroing in specifically on the Mainland Chinese market, the rapid demise to the island was in part triggered by the tragic boat accident in mid-2018, along with a number of other country-wide negative…
- Business News
Home alone. Phuket hotels hit a speed bump.
by Bill Barnett of c9hotelworks.com In the latest news, Singapore’s move to impose a stay-home policy or self-isolation for travellers within ASEAN, has hit the industry hard. Here in Phuket, hotels are winding down their traditional snowbird European business which for the most part was booked well in advance. Rates have somewhat held during this time. One key barometer of…
- Tourism News
The Coronavirus effect – Phuket and hotel report
by Bill Barnett, c9hotelworks.com “Perhaps the biggest wild card is the mounting number of travel advisories across the globe based on Covid-19” In what is a continuing storyline on the global coronavirus outbreak, Bill Barnett reports on the impact on Thailand’s most popular island destination, Phuket. He says that the impact on the Phuket tourism market is creating a challenging landscape.…
- Covid-19 News
The Coronavirus Effect – Phuket by numbers
by Bill Barnett of c9hotelworks.com The impact of the current outbreak of the novel coronavirus in China, and a limited spread to 18 other countries, will be felt in the months ahead. Whilst the headlines loom large at the moment with statistics and stories of the spread, the downstream effects on Thai tourism, and particularly the areas favoured by Chinese…
- Tourism News
Thai tourism to take hit over Coronavirus
by Bill Barnett of c9hotelworks.com A travel ban is now in effect in Mainland China for tour groups who were booked for holidays overseas. Over the past few days hoteliers in Phuket, Bangkok and throughout the country are reporting significant cancellations, not only of groups but also independent travellers (FITs). Last year Mainland Chinese travellers to Thailand nearly eclipsed 11 million,…
- Phuket News
Latest Khao Lak hotel report
by Bill Barnett, c9hotelworks.com Increasing hotel supply in Khao Lak with stable tourism growth reflects a destination market entering a new cycle. Khao Lak is a beachside destination an hour and a half drive north from Phuket Airport in Phang Nga province. The upcoming second Greater Phuket airport (in Phang Nga) is expected to push the destination to diversify offerings…
- Tourism News
Crunching the numbers on Phuket’s hotels – 2020
PHOTO: Travel 141 Bill Barnett from c9Hotelworks, crunches the numbers and reports on some challenges for Thailand’s largest island and most popular tourist destination, outside of Bangkok. Robust passenger arrivals in the second half of 2019 highlighted by growth in Indian tourists helped rebalance the island’s tourism sector, according to the C9 Hotelworks newly released Phuket Hotel Market Update (link…
- Opinion
Phuket 2020 – predictions by Bill Barnett
by Bill Barnett, c9hotelworks.com In a series of articles we are pondering what may happen around Thailand over the next twelve months. Bill Barnett is in the ears of the country’s many hotel operators and chains. His consultancy, c9hotelworks.com, shares some perspectives about Thailand’s largest island. All too often I am approached and asked what’s going to happen to Phuket in the…
