- 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…
- 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…
- 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…
- Tourism News
Mono airlift remains key barrier to Koh Samui’s tourism success
PHOTO: Koh Samui Sunset Bill Barnett and c9hotelworks.com analyse the current hotel and tourism challenges on Koh Samui. Bill says that in the past year the Gulf island has been shaken by declining demand and reduced airlift to the island. (graphics below) “The China slowdown is widely cited as a key factor, together with high airfares. According to Bangkok Airways, half of…
- Tourism News
Taiwan’s Eva Air adds direct flights to Phuket from next April
by Bill Barnett of c9hotelworks.com As the tourist demographic matures and evolves, so does the airline mix landing in Phuket. Now Phuket’s direct international airlift is set to increase again with non-stop flights from Taipei, Taiwan on Eva Air. The island’s airline traffic is already almost booked out for the next few months with Phuket International Airport officials asking airlines…
- Business News
Laguna Angsana Resort opens conference and exhibition venue
by Bill Barnett of c9hotelworks.com Laguna Phuket’s Angsana resort is set to debut it’s new 1,500 square metre conference and exhibition space. It’s actually a renovation and rebranding of the successful Laguna marquee space and relocated to a more permanent location within the Angsana Laguna Phuket complex. Tagged as ACES, the venue will open at the end of September. For…
- Business News
Centara signs up three more Phuket hotels
The surge of new properties continues in Phuket as the developers and Thai business leaders continue to show their confidence in Phuket as an international holiday destination. Thai hospitality group Centara Hotels and Resorts has entered into agreements to manage three hotels on Phuket’s northern west coast in Mai Khao. Two of the properties are currently operating, which are the…
- Property
Wyndham adds two more hotels for Phuket’s south
PHOTOS: Artists impressions of the new Wyndham Nai Harn Resort Phuket Global hotel group Wyndham has announced two more Phuket pipeline hotels. The announcement follows a long list of new developments and openings over the next few years on the island. First for Wyndham, is a 353 key property named the Wyndham Nai Harn Resort Phuket at the popular southern west-coast…
- Tourism News
Indian visitors to Phuket surge whilst total numbers drop
by Bill Barnett from c9hotelworks.com The soaring number of Indian visitors to Phuket for the first seven months of 2019 has propelled Indian tourists into the Top 5 arrivals for the first time. Arrivals from India from January – July, compared to the same period in 2018, grew 354%, amassing a total of 186,360 arrivals. Mainland Chinese arrival figures continue…
- Property
New hotel and condo developments flood Phuket’s property market
by Bill Barnett The continuing wave of developers bringing hotel investment grade real estate to the Phuket real estate market is escalating. Notable new entries include 74 units at the Melia Phuket Karon Residences that are now for sale. Pricing for one and two bedroom units starts at 8.4 million baht. A 7% three-year guarantee is offered with 30 days owner usage. Meanwhile,…
- Tourism News
Japan’s Okinawa takes on Bali and Phuket
by Bill Barnett While Okinawa is often called the Hawaii of Japan, a changing Asian travelscape driven by low-cost airline carriers is seeing the resort destination attract a rising number of regional tourists. Last year, arrivals hit 9.84 million which is now elevating the market to the likes Asia’s twin resort icons, Bali and Phuket. Summing up the current shift…