- News
Is Bangkok’s property market cooling off? No, says Bloomberg.
An update on the Bangkok property market from Bloomberg. “We’re still undervalued as a country, compared to Singapore and Hong Kong. And China, in a lot of major cities.” Click the chart to watch the Bloomberg report on Thailand’s biggest property portfolio. PHOTO: fazwaz.com
- Travel
Krabi – Number One for growth on Trip Advisor
Krabi Town has ranked Number One for growth in year-on-year search results for Thai holiday destinations on TripAdvisor. According to TripAdvisor, searches rose 41% compared to the same time last year. The rising number of flights heading to the coastal town is being attributed as the main reason the growth has been so high over the past 12 months. To read…
- Property
From Russia with Love. Russian buyers on the rebound.
From Russia with Love might is a James Bond 007 thriller but it has also been a mantra for island developers as the past nine months has seen a strong uptick in demand in Phuket real estate by Russian buyers. According to the recently released Phuket Russian Tourism Market report, over 51% of Russian travelers to Thailand come to Phuket.…
- Business News
Sports events leading the way in MICE
Sporting events are a key catalyst for Phuket’s MICE (meetings, incentives, conferencing, exhibitions) demand, with the industry valued at THB 5.74 billion. C9 Hotelworks has released their new Phuket MICE Tourism Market Update (c9hotelworks.com). With Thailand being ranked as the top MICE destination among ASEAN countries in 2016, Phuket is one of the major contributors with a total of 202,555 visitors.…
- Property
Do we need a new airport at Phang Nga?
As Thailand’s Phang Nga Province recorded a record high of nearly 4.5 million visitors in 2016, the lack of a gateway airport is looking to be a key stumbling block, according to a new report by consulting group C9 Hotelworks. Annual arrivals growth has slowed since 2014, but the compound annual growth rate for the five years ending 2016 remains…
- News
Phuket Report Card August 2017
Story from c9hotelworks.com Phuket’s Provincial government is undertaking a large-scale initiative to tackle the problem of unlicensed hotels. Since the campaign started, a total of 1,007 hotels have now applied for official operating licenses with just six approved to date. The main challenges for the process are the strict regulations associated with the Building Control and Hotel Acts. Provincial Hall…
- Business News
Property Lawyer Matthew McEvily Passes Away
Well-known longtime Phuket real estate lawyer Matthew McEvily passed away in the United States on June 20th. He was 59 years old. McEvily was actively involved in the real estate sector in Phuket, Bangkok and Samui. For a number of years he was a a partner in McEvily & Collins law firm, and later on his own under McEvily and…
