Connect with us

Tourism

Mono airlift remains key barrier to Koh Samui’s tourism success

Bill Barnett

Published 

 on 

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 the company revenue is generated by flight routes connecting with Samui.”

Meanwhile Bangkok Airways has reported a loss in the first half of this year followed by a strategy to cut costs with reduced frequencies for domestic flights. In addition, it has suspended direct flights from Guangzhou, China, and decreased frequencies for flights from Chongqing and Chengdu by 50%.

According to the latest available statistics, airport passenger arrivals to Samui had a marginal growth last year as flight arrivals declined by 3% year on year during the same period. c9hotelworks.com anticipate the downward trend will continue in 2019 as a result of reduced flight connections. Much of the island’s tourism future is linked directly to how Bangkok Airways will address shifting market profiles.

• Market-wide RevPAR decreased by 19% as up to July 2019 compared to the same period in 2018 as a result of a drop in both ADR and occupancy.

Revenue per available room (RevPAR) is a performance metric used in the hotel industry. It is calculated by multiplying a hotel’s average daily room rate (ADR) by its occupancy rate. It may also be calculated by dividing a hotel’s total room revenue by the total number of available rooms in the period being measured.

• Europe continues to be the dominant core source market, representing 46% of the total guest arrivals at accommodation establishments for all of last year.

• Total tourism revenue hit 64 billion baht in 2018, representing a 12% increase compared to the previous year.

Looking ahead…

• Upcoming hotel pipeline is mainly in upper- midscale to upper-upscale tiers, accounting for 80% of the future pipeline with all properties having an international brand affiliation.

• Bangkok Airways has budgeted 692 million Thai baht for the renovation and upgrading of Samui International Airport, with the plan now undergoing an environmental approval process.

• Aside from traditional hotels, alternative accommodation choices of private villa rentals is intensifying accommodation competition.

Mono airlift remains key barrier to Koh Samui's tourism success | News by Thaiger Mono airlift remains key barrier to Koh Samui's tourism success | News by Thaiger Mono airlift remains key barrier to Koh Samui's tourism success | News by Thaiger Mono airlift remains key barrier to Koh Samui's tourism success | News by Thaiger Mono airlift remains key barrier to Koh Samui's tourism success | News by Thaiger

Read the full report HERE.

 

Want more Thailand news from the Thaiger family?

📱 Download our app on Android or iOS for instant updates on your mobile
📝️ Join the conversation on Thaiger Talk - discuss news & life in our Thailand forums
📧 Subscribe to our daily email newsletter
👍 Like/Follow us on Facebook
🔔 Subscribe to or Join our YouTube channel for daily video updates

image

Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Bill Barnett has over 30 years of experience in the Asian hospitality and property markets. He is considered to be a leading authority on real estate trends across Asia, and has sat at almost every seat around the hospitality and real estate table. Bill promotes industry insight through regular conference speaking engagements and is continually gathering market intelligence. Over the past few years he has released four books on Asian property topics.

Follow Thaiger by email:

Coronavirus (Covid-19)4 hours ago

Health Department warns: Avoid Covid-19, don’t have sex

Coronavirus (Covid-19)6 hours ago

PM Prayut announces Thailand will fully reopen within 120 days

Transport9 hours ago

Thai Airways rehabilitation plan accepted by Bankruptcy Court

Phuket Sandbox July 1st

days
hours
minutes
seconds

Thaiger is getting behind local businesses for the restart of tourism in July - up to 50% discounts across all advertising packages in June!

Sponsored by image

Thailand9 hours ago

Thailand News Today | PM apologises, vaccine delays, Pattaya sandbox? and sharks | June 16

Coronavirus (Covid-19)9 hours ago

Restaurants request easing of Covid-19 rules and financial aid

Thailand9 hours ago

Isaan farmer and son electrocuted and killed by wire fence in rice field

Thailand10 hours ago

Another data breach: Info leaked on Bangkok Immigration website

Crime11 hours ago

Krabi men arrested after TikTok video of a shark shot and killed goes viral

Thailand12 hours ago

Thailand’s FDA doesn’t approve Russia’s Sputnik V vaccine, cites missing data

Best of12 hours ago

Top 8 Things to do in Krabi

Thailand12 hours ago

Thai government apologises for data leak, blames “temporary glitch”

Coronavirus (Covid-19)14 hours ago

6 school closed after infections are found

Coronavirus (Covid-19)14 hours ago

Wednesday Covid Update: 2,331 new cases; provincial totals

Best of15 hours ago

Top 5 Meditation Centres and Retreats in Thailand

Phuket15 hours ago

Thai police chief donates 100,000 baht to Phuket man shot by a drunk officer

Thailand3 months ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism4 months ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket4 months ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism4 months ago

Phuket Thai food treats you need to try | VIDEO

Thailand4 months ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism4 months ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand5 months ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand5 months ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand5 months ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand5 months ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand5 months ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand5 months ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand5 months ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand5 months ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Thailand5 months ago

Thailand News Today | Southern floods, Face mask fines, Thai Air Asia woes | January 8

Trending