- Tourism News
The China Bounce – are the Chinese packing their bags ready to come back to Thailand?
by Bill Barnett of c9hotelworks.com The results of a comprehensive new survey of consumers in Mainland China’s first tier cities concludes that 53% of respondents would like to travel internationally sometime this year. Citing the opportunity, the most popular months for trips abroad for the remainder of the year are, specifically, August, October and December. Thailand is one of the…
- 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…
