Bill Barnett
- Property News
Rental demand soars, as Phuket real estate returns to fundamentals
Urban flight has driven Phuket’s once investment-focused property market in an entirely new direction. This seismic shift has resulted in a dramatic return to real estate basics. Focusing on the pandemic era of the past two years, a constant flow of new incoming residents from both abroad and Bangkok has seen the scales tip, as rental demand has vastly exceeded…
- Events
Phuket hotels association launches “Absolutely fabulous online travel sale” to fund scholarships for talented local youngsters
Phuket Hotels Association, the nonprofit organisation of hoteliers focused on promoting a positive image of Phuket, is inviting members of the public to take part in its “Absolutely Fabulous Online Travel Sale” – an online silent auction with great prizes that will fund scholarships for talented young people in Phuket. This forms part of the Phuket Hotels Association Benefit (PHAB)…
- Thailand News
Pandemic economic impact hits Phuket hotels as 73% of new projects put on hold
Island’s transaction market heats up as owners face liquidity issues, while broad tourism sentiment wanes PHUKET, THAILAND: Thailand’s battered hotel sector is showing increased signs of fatigue as the global pandemic enters its third year. Nowhere is this more apparent than the resort island of Phuket, where over 73% per cent of new hotel developments either lay dormant or have…
- Travel
Bangkok is back – Thailand’s capital roars back to life
OPINION Before the pandemic, Bangkok was the most-visited city on the planet – a thriving hive of energy and activity which attracted over 22 million international visitors per year. Then, without warning, it all went quiet. Now, following the reboot of the Test & Go re-entry into Thailand on February 1, 2022, Bangkok is back. The city is welcoming the…
- Property News
Did the Sandbox impact on Phuket’s property market?
property newOver 42,000 travellers, in the months from July 1 to September 30, used the Phuket Sandbox as an international gateway to enter Thailand. For the island’s broad real estate sector, which has been challenged by the drawn-out, 18 months of the pandemic there have been a series of notable pivots within the residential property sector. With investment-oriented, yield-focused hotel…
- Tourism News
Phuket hoteliers looking to winter wonderland to bolster the Sandbox
by Bill Barnett from c9hotelworks.com As the Phuket Sandbox program continues to be the international gateway for overseas travellers to Thailand, island hoteliers are looking at what the winter season could look like. Traditionally a legacy market, many visitors during this period are called ‘snowbirds’ and are from Northern and Eastern Europe. Snowbird travellers are long-stay visitors, with a key…
- Business News
What is so important about the Sandbox?
OPINION by Bill Barnett from c9hotelworks.com Being on the ground in Phuket over the past sixteen months of the pandemic I have experienced the up’s and downs of pandemic tourism firsthand. Over the past month with the Sandbox program coming into place, we have seen over 13,000 travellers arrive at the Phuket International Airport. “What is so important about the…
- Business News
Inside story behind the Thailand property seachange
by Bill Barnett of c9hotelworks.com For Thailand’s real estate market, Covid-19 has brought massive changes in lifestyle and ongoing pandemic fatigue is pushing many domestic buyers to shift property investment preferences in favour of resort or countryside destinations. Whether you call it Plan B, a sea change or an escape plan, one thing for certain is that change is in the…
- Tourism News
Welcome back home: Phuket’s message to the world, echoes its X-Factor, its people
“As the countdown to the Sandbox hits seven days, resort island pays tribute to its real-life tourism attraction.” OPINION by Bill Barnett, c9hotelworks.com Tourism eyes around the world are focused on a resort island in Thailand this week for the reopening of international, vaccinated travel to the Phuket Sandbox. A key emerging storyline from the island’s frenzied runaway to July…
- Krabi News
Krabi tourism playing the sandbox waiting game
Press Release Over one million passengers went through Krabi Airport in 2020, despite the pandemic. One of Thailand’s most idyllic and naturally blessed resort destinations, Krabi, is quietly waiting in the wings to follow Phuket into the tourism sandbox. As the Thai resort island set’s its sights on the first of July reopening to international travelers, its Andaman neighbor is…
- Phuket News
Can Phuket survive? Interview with Bill Barnett | VIDEO
Interview with Bill Barnett from c9Hotelworks. Phuket has now been hit with a 3rd major crisis, each one more profound than the long-term effects from the 2004 tsunami. Now the island has new restrictions imposed on arrivals on the southern island, imposed by the Phuket Provincial Authority.
- Opinion
Like a rolling stone (2 decades and counting). My home, Phuket.
by Bill Barnett from c9hotelworks.com Driving down a seemingly endless winding road on the warm tropical island of Phuket, I glance up and see a sign indicating a left turn, shouting out in big bold letters ‘Welcome to Days of Future Past.’ Reading between the lines, let me state that we have landed headfirst like crash test dummies into the…
- 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…
- Tourism News
Answering the question, who will fight for Phuket’?
OPINION by Bill Barnett from c9hotelworks.com Thailand’s tourism industry is sadly at the short end of the stick as policies gyrate over the reopening of the country to international travellers, yet no single province has more to lose than the resort island of Phuket. Phuket’s economic engine is leveraged on tourism. It’s a place where on a combined basis, one…
- 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
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…
- 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…
- Opinion
OPINION: Doomsday, the Black Swan and no fear
by Bill Barnett of c9hotelworks.com “I’m mad as hell, and I’m not going to take it anymore” is how I am feeling on a Saturday afternoon. My senses are bruised and battered after a weeklong barrage of panic, blurring sensational bad news headlines and a mounting sense of fear amongst my fellow humans. What is clear in the grand scheme…
- 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…
- Business News
Three massive condo developments along Phuket’s up-market Layan Beach
by Bill Barnett – c9hotelworks.com Two new condo developments are going ahead in the Layan Beach area of Phuket’s up-market west-coast beach strip. And there’s another one underway next to the Dream Beach Club at the northern end of the Layan beach strip. All in all, another 1,200+ keys added to the available rooms along the Bang Tao/Layan Beach area.…
- 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…
- Tourism News
Direct Russian flights into Surat Thani start with uptick for Samui, Koh Tao & Ko-Phangan
PHOTO: The Flight Reviews A new series of flights between Russia and Surat Thani International Airport kicked off on December 27 with the charter Nordwind Airlines. Russian tourists will be able to fly direct into the region, avoiding the monopoly at Koh Samui airport. They can then transfer to Koh Samui, Koh Tao and Ko-Phangan from the Surat Thani International Airport…
