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Krabi’s Ao Nang businesses shut up or sell up

The Thaiger

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Krabi’s Ao Nang businesses shut up or sell up | The Thaiger
PHOTOS: Sanook.com
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Ao Nang, Krabi’s tourist strip, is struggling under the strain of no customers or tourists. Thai Residents reports that there are now at least 10 hotels up for sale valued at billions of baht. Businesses and hotels along the popular Ao Nang tourist strip have been shutting down because of the prolonged closure of Thailand’s borders to general tourism. Even domestic tourists have done little to provide a much-needed kick start to the province’s tourist economy.

The hotels up for sale include 3-5 star hotels, some in prime positions. Owners say they have decided “it’s time to move on”, according to Sanook.com. Krabi’s local economy continues to dwindle as the impact from Thailand’s border closures bites. Even if tourists head to Ao Nang and the province, most tourist attractions are closed or empty. For domestic tourists, Krabi, like Phuket and Koh Samui, are more difficult to reach and have evolved to attract international tourists rather than locals.

The Sanook News Team found that much of the Ao Nang tourist strip was like an “abandoned town”.

“Where the city was always busy full of tourists and vendors, the town is now empty full of silence.

The report estimated that only 10% of businesses remained open. Even the 7-11s had been boarded up or shuttered.

“Even giant hotels are also affected with many decided to shut down and put the property up for sale. When visiting Ao Nang today, many hotels have big for sale signs by the road.”

The Krabi Tourism Council’s Ekkawit Pinyothammanothai says that the rumours are true.

“At least 10 hotels on Ao Nang Beach are up for sale, most of them are big hotels ranging from 3-5 stars. The hotels together are worth billions of baht, each realising they cannot carry on.”

Ao Nang’s small businesses, mostly focussed on the passing tourist trade and beachgoers, have also shut down on the beach because 80-90% of all income in the tourist town are derived from foreign tourists, according to Ekkawit.

Krabi's Ao Nang businesses shut up or sell up | News by The Thaiger

SOURCES: Thai Residents | sanook.com

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27 Comments

27 Comments

  1. Avatar

    Toby Andrews

    November 14, 2020 at 12:22 pm

    Even the seven/eleven is closed!
    Oh that’s bad.
    The solution is obvious. Thailand has to be rid of the present government who are keeping tourists out with expensive unreasonable restriction.
    These owners of businesses must go to Bangkok and protest with the rest, that they want rid of the government.

    • Avatar

      Stone Cold Steve Austin

      November 14, 2020 at 2:49 pm

      You can put as many sale signs as possible: No one will buy your smelly rotting hotels. You Thai people are just too dumb to reopen the borders, now shut up and accept the consequences.

      • Avatar

        The Rock

        November 14, 2020 at 5:54 pm

        And that’s the bottom line because Stone Cold said so

      • Avatar

        Tony Grace

        November 15, 2020 at 3:48 pm

        The situation here is no one saw it coming and the truest BUT trade kept the local buinesses with a steady income.Krabis Ao Hang ii short term holiday area most of the tourism is for Two weeks or so and short term tourists spend money and don’t watch there penny’s as they have allocated that money for there holiday and a good time on average a short term tourist will spend 5000bth per day excluding acoamadation and mother bike hire with all of that revenue now having disapered it can no longer be a viable option for any business to survive

    • Avatar

      Steve P

      November 15, 2020 at 10:10 am

      Do you think that you are being blinkered just a tad? Most of the world had taken the same steps, so even if the gates were to be opened, the numbers of people able to travel would not be enough to quick fix the problem. It would simply put the who nation at further risk, for a prolonged period.

      • Avatar

        Issan John

        November 15, 2020 at 9:50 pm

        Steve, you’re stating the blindingly obvious but those with their head in the sand don’t want to see it.

        • Avatar

          Mike

          November 19, 2020 at 8:36 am

          Nonsense. There are people everywhere who haven’t had a holiday for over a year. Nearly everyone I’ve spoken to lately has expressed a desire to take a holiday – and people living in China as I do will probably head to Thailand at the earliest opportunity.

          Sorry Johnny, it looks like your bubble will be burst before too long.

          • Avatar

            preesy chepuce

            November 19, 2020 at 8:10 pm

            Nonsense… people can’t go for holidays when they can’t get insurance and they have to quarantine on their return on no pay, or even lose their jobs, and thus mortgages.
            If they do go anywhere, it will be somewhere easy to return from, like a neighbouring country. Whoever you’ve spoken to are a drop in the ocean, it’s unrealistic to expect a dramatic yo-yo-ing of tourism. People will think differently about their holiday plans in future, and Thailand has spent all its “good value for money” political capital, and has to rethink and start again. Your bubble may continue to float away.

  2. Avatar

    Gosport

    November 14, 2020 at 2:32 pm

    Buy buy buy, good time is coming.

    • Avatar

      preesy chepuce

      November 19, 2020 at 8:11 pm

      for buyers… but not for businesses… ting bu dong ma?

  3. Avatar

    Khun plastic

    November 14, 2020 at 3:36 pm

    Generaly I agree with the old adage
    When everybody else is selling buy.
    Not so sure this time round.

    • Avatar

      preesy chepuce

      November 19, 2020 at 8:12 pm

      It depends on how long-term your view is.

  4. Avatar

    Don R

    November 14, 2020 at 4:52 pm

    Just a few months ago it did suffer horribly from over-tourism. Sewage flowed directly into the sea just meters from where tourists waded on the beach. In my time there, I caught more than a few angry glares from the locals.

    Now they’re getting what they want, and for those who can afford to stay, I suppose it’ll be great to return to the days when Ao Nang was a small fishing village.

  5. Avatar

    AI

    November 14, 2020 at 4:53 pm

    This is a pure tragedy in Thailand and elsewhere. Who would wish to close down businesses from such people and wish to only keep the more established and larger well heeled ones going on?
    It’s all a coincidence around the world? And as you can clearly see, not only in the hospitality section, but many, many others.
    And all for a malady which has yet to actually exist! (apart from on TV and newspapers, etc…) . But don’t forget folks – BE AFRAID!

    • Avatar

      Sam C

      November 15, 2020 at 11:51 am

      Now be a good boy, take your medication and lie down, Mr Trump will be on TV soon

    • Avatar

      Issan John

      November 15, 2020 at 9:59 pm

      Not quite only “in TV and newspapers” – several million doctors are pretty sure it exists too ….. but what do they know?

      • Avatar

        preesy chepuce

        November 19, 2020 at 8:15 pm

        “several million doctors” are just reading their instructions from their respective medical authorities, who in turn get them from the WHO, who in in turn, well… maybe they don’t get them from Peking, but let’s not get ahead of ourselves, we need to push the sloppy journalism to one side and refer to academic papers, and deduce what we can from the results of those… but rest assured, as Socrates was wont to say, “all that [we] know, is that [we] know nothing at all”, until the final post-mortem.

  6. Avatar

    Khun plastic

    November 14, 2020 at 5:45 pm

    7/11 boarded up,what next makky’ds pulling the golden arches down!
    Who would now want to come to Thailand even if they could?

    • Avatar

      Toby Andrews

      November 15, 2020 at 2:45 pm

      Yes the Hell of it.
      No Seven/elevens and MacDonalds in Thailand!
      Who could stand this!!!!
      A fellow would be forced to eat the native food, fried cocaroaches and rice.

  7. Avatar

    Sam

    November 14, 2020 at 6:03 pm

    The hotels at aonang are “not worth billions”. Another example of Thai fantasy

    • Avatar

      murika

      November 15, 2020 at 12:05 pm

      where i live, in a small fisherman village in south, they have built a bunch of hiso hotel for 500 million to 1 billion each, the price for a room is around 10k, and it’s empty most of the time, even pre covid, what i found out after wondering for years who is doing such stupid investment, is that they use those schemes to laundering money from aboard ! their is hundred of technics to create fake benefit from a business in Thailand, and that’s why the price of land have become crazy here !

      • Avatar

        Issan John

        November 15, 2020 at 9:55 pm

        Hotels and condos have always been notorious for being money-laundering schemes in Thailand. I don’t know how widespread or true it is, but it’s certainly been widely suggested for a long time.

  8. Avatar

    Bjørn Rønningen

    November 14, 2020 at 8:20 pm

    Well well soon the Russia start to buy most of the hotel in this place and Phuket.

    • Avatar

      Khun plastic

      November 16, 2020 at 1:28 pm

      Not at such stupid unrealistic prices they won’t.
      The thais tried to sell them overpriced poor quality condos in Pattaya for many years with very little success.

  9. Avatar

    Veit

    November 15, 2020 at 8:11 pm

    Greetings from Ao Nang. Yes, it’s quiet and very relaxed here now. No more hordes of tourists in the streets and on the beach. And more importantly, no more horrible noisy Longtails. It was wonderful already the last months…and now with the weather improving…will be an amazing winter here. Come and visit.
    P.S.: Never swim in the sea though. I was hoping they’d address the sewage spilling right into the sea issue…but well…nothing seems to be done.

  10. Avatar

    AI

    November 16, 2020 at 8:40 pm

    Are you Sam and IJ addressing moi? Well, if so, please provide right here on this forum any evidence of this “virus” being real. Come on now. And I. John (the forum’s former scarmongerer), you should know better. You’ve been asked many times to provide ANYTHING at all, and am still waiting for your proof. “Several million doctors” blah, blah, blah…..

    Well, if so, get that proof here ASAP…..waiting…….

    • Avatar

      preesy chepuce

      November 19, 2020 at 8:20 pm

      The truth will probably be somewhere lurking inbetween what the media, scientists (who want to keep getting funding), and the governments (who want to keep the media happy so they can keep getting elected). It’s not conspiracy theory, just realism/cynicism about the nature of the world. The real risk of COVID is exaggerated, and it’s used as a vehicle for political and economic agendas. Everyone uses it as an excuse, companies use it to justify layoffs when really it was incompetent senior management that caused the need for redundancies, and goverments do the same to rediscribe mistakes to appease the angry media.

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Business

Suvarnabhumi expansion being reviewed in line with “new normal” expectations

Maya Taylor

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PHOTO: Oriental Express

The 44 billion baht northern expansion of Bangkok’s Suvarnabhumi airport is being revised, to meet “new normal” requirements, according to Airports of Thailand. AOT president, Nitinai Sirismatthakarn, says the process will take 1 or 2 months to complete.

Nation Thailand reports that the airport’s new northern terminal will have the capacity to handle 30 million passengers a year, with Nitinai remaining optimistic about a return to normal figures next year. He says the availability of effective Covid-19 vaccines should fuel a return to normality, with passenger traffic at Suvarnabhumi eventually reaching pre-Covid numbers of 65 million in 2023.

He adds that the Satellite Terminal 1 should be completed in 2022, with plans also being drawn up to extend the airport’s existing terminal east and west. The Satellite Terminal 1 is expected to increase the airport’s capacity by an additional 15 million passengers a year.

SOURCE: Nation Thailand

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Pattaya

Pandemic has washed away Pattaya’s “soapy” massage parlours

The Thaiger

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Pandemic has washed away Pattaya’s “soapy” massage parlours | The Thaiger

While the Covid pandemic has hit Thailand’s businesses hard, it has also washed away its not-so-legal soapy massage parlours after tourism has dried up its clientele. Such places, known as glorified brothels, have left many masseuses out of work as boards have barricaded the once booming establishments.

Soapy Massage (àap-òp-nûat, อาบอบนวด, literally bath, steam, massage)…
These are the bigger massage parlours where girls are presented in the fishbowl and you get the full program (including sex) for a fixed price, depending on the girl starting from 1,500 and up to 5,000 Baht.

Only a few of the soapy services have survived the pandemic in Pattaya, with Honey Massage Parlour being one of them, according to The Pattaya Mail. After adjusting to the new requirements for social distancing, the business has re-opened on November 19. However, its largest shop has closed, once known as Honey 1 on Soi Honey, or Soi 11, the windows are dark and barricaded. Honey Inn is also up for sale.

25 year old masseuse Maywadee, says she used to work in such parlours where she would get a cut of the 1,500 to 2,500 baht fee. She says she used to see up to 7 clients a day, but now that number has been cut in half as Chinese and Japanese tourists, who were her largest group of customers have dwindled. Now, she is thinking about heading back to her home city of Chiang Mai, to sell handicrafts, as her Pattaya income has dried up.

Such parlours feature masseuses that are usually not native to the area, as many come from lower socio-economic areas such as Thailands northeastern provinces, otherwise known as Isaan. Many make the trip to tourist-driven cities like Pattaya, Koh Samui, Bangkok and others, in an attempt to make a higher salary than they would if they were back in Isaan.

SOURCE: The Pattaya Mail

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Business

Bank of Thailand takes action to curb Thai baht’s strength

The Thaiger

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Bank of Thailand takes action to curb Thai baht’s strength | The Thaiger

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“Following the U.S. elections and positive news on Covid-19 vaccine development, investors have turned toward investing in emerging markets, including Thailand. The situation has resulted in strengthening the baht quickly and can impact economic recovery.”

“The registration of bond investors will allow close monitoring of investor’s behaviours and thereby enable the implementation of targeted measures in a timely manner.”

Last week the Bank of Thailand assessed that the Thai baht’s recent rapid gains could affect the country’s “fragile” economic recovery. The Thai government has called on the central bank to do its best to use what tools it has at its disposal to restrain the baht to protect exports.

Khoon Goh, head of Asia research at ANZ Banking Group, says that he central bank also will continue to resort to direct intervention in foreign-exchange markets.

“The issue here is that local investors have a very strong home bias. Making it easier to invest overseas may not actually encourage them to do so.”

The Thai baht has been the 2nd best performer in Asia this month after foreign investors turned net buyers of almost $2.4 billion of bonds and stocks as appetite returns for riskier emerging-market assets amid a weak dollar, according to Bloomberg.

The Thai baht had recently rallied 8.8% from this year’s low in April, hitting a 10 month high last week.

SOURCE: Bloomberg

This morning, Thai time…

Bank of Thailand takes action to curb Thai baht's strength | News by The Thaiger

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