Bill Barnett
- Property News
Phuket real estate shifts tide in wake of urban flight
Urban flight and a continuous stream of incoming lifestyle residents to Phuket are dramatically shifting Southeast Asia’s leading resort real estate market landscape. The new island property mantra is dominated by surging demand for single-family homes and larger condominiums. Phuket has witnessed a sharp change from 2019 when over 9 million tourists sought a place in the sun, highlighted by…
- Tourism News
Bridge over troubled waters for Thailand-bound Russian snowbird tourists
Russian travellers have ritually sought out islands in the tropical sun since the demolition of the Berlin Wall in 1989. Hellbent on escaping bitterly cold winters, these snowbirds in the lead-up years to the pandemic became the second largest international source market for Phuket’s mass market tourism surge. Now, coming out of the pandemic in the age of a return…
- Tourism News
Phuket hotels team up with HSMAI for digital tourism and travel marketing workshop
Phuket’s tourism industry continues to wait and wonder when Mainland Chinese will be allowed to travel overseas, in the wake of China’s zero-Covid policy. As Thailand’s leading resort island moves towards the high season, hoteliers are looking to bridge the China gap and look to new markets to replace the expected lower volume of travel-challenged Russian tourists. Addressing these challenges is…
- Thailand News
Breaking the glass ceiling: Thai hotels push for gender equality at women’s hospitality event
As a study reveals that 90% of general managers in Thai hotels are men, an important event in Phuket aims to understand why women still encounter barriers to career progression. Gender equality is high on the agenda for Thai hotels as a hospitality event held recently in Phuket addressed the imbalance in the industry in leadership positions for highly qualified…
- Home Services
How can parents keep kids busy during Bangkok summer holidays
Summer holidays for Bangkok international schools are nearly here. For working parents who are trying to balance work, and family, and will be spending at least some of the summer in the city, the question is how to keep their children busy and engaged? One of the best online resources for expat parents looking for activities is BKK Kids. With…
- Home Services
How Thailand is shifting to aged care in the home
Thailand’s ageing society is growing rapidly, with a quarter of Thais who are 60 years and older forecasted to account for one-third of the population by 2040. Despite expectations that the country would see a rapid escalation of assisted living and nursing homes being developed, COVID-19 became a game-changer. While traditionally many Thais have lived and grown up in multigenerational…
- Thailand News
SAIJAI homecare launch English language online bookings in Bangkok and Phuket
Thailand’s fast-growing online homecare marketplace SAIJAI has added an English language, on-demand booking option. Greater Bangkok and Phuket are the first two areas in the country now where customers can tap into a wide selection of caregivers. Services provided by SAIJAI include maids, babysitters, elderly care, tutors, drivers, and home beauty. The pandemic resulted in high unemployment in Thailand’s service…
- Ask an Agent
Top 10 Best Ways To Avoid Condo Hotel Property Rip-Offs
One recent topic of discussion in Thailand’s real estate circles has been about how possible defaults in the condo hotel or investment sector can have a negative impact on the industry. Based on my own two decades of experience with C9 Hotelworks in branded residences in Thailand and throughout Asia Pacific, I thought it might be helpful to give some…
- Property News
How living the dream became a nightmare for Phuket property buyers
Dreams die hard, even in a pandemic. But for thousands of Phuket property buyers who invested in the promise of a tropical dream with endless sunsets, the stone-cold reality of failure is just starting to hit home. Amidst a backdrop of rusting steel, decaying concrete, and empty construction sites lays the dark side of the island’s real estate trade. To…
- 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…
- 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…
- 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…
- Tourism News
Koh Samui’s tourism hopes pinned on international travellers
by Bill Barnett, c9hotelworks.com It’s baby steps at the moment as Thailand’s Robinson Crusoe-inspired, island-focused, international travel reopening plan rolls out in Koh Samui from July 15. Unlike the Phuket Sandbox program for vaccinated travellers, the Samui Plus sealed-route will test the water with a hybrid approach of 3 days in a hotel quarantine scenario and then allows visitor’s island-wide free…
- 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…
- 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,…
- 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…
- 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…