- Phuket News
Phuket leads the way in managed hotel residences
by Bill Barnett of c9hotelworks.com – Feature article “Hotel Residences – properties that sell individual units in the real estate market and operate as either hotels or else are branded by hospitality operators. Other often used terms are condotel, hotel branded residences and hospitality-led real estate.” Phuket’s love affair with hotel managed properties started in the late 1980’s with the…
- Phuket News
Digging into the Phuket hotel data
by Bill Barnett, c9hotelworks As Phuket’s hotel operators and owners face a disruptive 2019, we thought it was time to do a deep dig into the island’s accommodation performance metrics. Global hospitality data and analytics group STR was the logical resource, so we spoke to their Area Director Asia Pacific, Jesper Palmqvist. The following are key takeaways from the highly focused…
- Phuket News
Phuket accommodation pipeline – 55 new hotels under development
by Bill Barnett from c9hotelworks.com PHOTO: Horizon Beach Resort Hotels Phuket One of Asia’s leading resort destinations Phuket looks set to weather a perfect storm as soaring hotel supply is forecast to be challenged by declining tourism demand. New research from consulting group C9 Hotelworks in their Phuket Hotel Market Update Mid-Year Edition has revealed an island development pipeline of…