C9 Hotelworks’ Latest and Archived Market Research Reports and Press Releases.

Market Research

Phuket Hotel Market Update January, 2010
Phuket Shared Ownership Marker Report October, 2009
Click here to download the AOCAP PowerPoint presentation: Download.(2.4 MB).
Phuket Luxury Villa Market Update September, 2009
Phuket Hotel Market Update August, 2009
Samui Luxury Villa Market March, 2009
Phuket Luxury Villa Market January, 2009
Phuket Hotel Pipeline January, 2009

Press Releases

January 25, 2010

Phuket Hotels Lose US$300 Million in Rate Plunge

Industry-wide discounting by Phuket hotels cost the industry on the island US$300 million in room revenue in 2009, according to the Phuket Hotel Market Update report compiled by leading Thailand consultancy C9 Hotelworks.

October 8, 2009

Report Shows Phuket Shared Property Ownership Is Multi-Million Dollar Sector

Shared ownership sales for Phuket represented USD61.2 million for 2008, validating the sector's stability despite the economic downturn, according to a recently released comprehensive research study into the industry.

August 4, 2009

Phuket Report Shows 48% Of All Hotel Projects Delayed

Up to 48% of all new hotel developments in Phuket are experiencing major construction delays triggered by the global economic downturn and concerns over Thailand's political stability, an authoritative report has found.

March 3, 2009

Samui's Luxury Property Market Faces Challenging Times

Global and domestic crises are worsening and moving through the first quarter of 2009 the market outlook forecasts an extremely challenging property market in Samui and other key resort areas in Thailand, according to C9 Hotelworks latest Samui Luxury Villa Market Report.

December 12, 2008

New Hotels Set to Open in Phuket Over Next Three Years

Development of new Phuket hotel properties remains strong, despite ongoing political issues in the country and international financial downturn. Thirty new hotels are at various stages of development with over 4,918 rooms due to hit the supply side over the next three years through 2011, according to market research conducted by leading Thailand hospitality consulting firm, C9 Hotelworks.

November 25, 2008 C9 Hotelworks Advises Developers of New Langham And Outrigger Branded Hotels in Phuket, Thailand.

March 11, 2008 Coveted Phuket 2008 Gekko Awards Announced at Glittering Ceremony

July 25, 2007 Phuket Hospitality Consultancy Delivers Gold in Prestigious PATA Marketing Awards

October, 2003 Bill Barnett Launches C9 Hotelworks in Phuket

TV Appearances

August 7, 2009
"Morning Talk" TV Programme

December 23, 2008 CNBC
Travel Woes

Assessing the business of travel amid the global economic downturn, with Bill Barnett, MD at C9 Hotelworks, speaking to CNBC's Martin Soong & Bill Barnett.

Press Coverage

Please note: some of these documents are quite large and may take several minutes to download on slower internet connections.

March

March, 2010 Tropical Living Magazine
Phuket Hotels Lose USD300 Million in Rate Plunge

Industry wide discounting by Phuket hotels cost the industry on the island USD300 million in room revenue in 2009, acording to the Phuket Hotel Market Update report compiled by leading Thailand consultancy C9 hotelworks.

February, 2010 Lux Magazine Winter Edition 2009/2010
Residential Suite

With a growing trend for private properties with access to first-rate hotel facilities and services, 2010 will see a boom in hotel-managed residences.

February, 2010 Lux Magazine Winter Edition 2009/2010
Eastern Promise

Forget the global financial meltdown. With über-exclusive super properties springing up in exotic locations across Asia, there's plenty of choice for those looking for a slice of the high life.

February, 2010 Property Report Thailand
Phuket is 'Desperate for New Launches'

The luxury property market in Phuket saw transactions worth THB1.1 billion during the five months ending November 2009.

February 7, 2010 Bangkok Post
Bali High, Phuket Not So Much

Bali was the magic word when it came to Asian resort destinations in the late 1990s, before it was overtaken by Phuket.

February, 2010 Tropical Living
Phuket Luxury Property Sales Top THB1.1 Billion

Phuket's luxury property market saw transactions worth THB 1.1 billion for the period of July through to November 2009, according to market research by leading Thai consulting firm C9 Hotelworks.

30 October, 2009 Bangkok Post
Shared Ownership Gaining Momentum in Phuket

Shared ownership is speeding ahead in Phuket as developers repackage and reduce the prices of their products to cater to cost-conscious buyers even though the economy is improving, according to Bill Barnett, managing director of C9 Hotelworks.

November, 2009 Thailand Property Report
Phuket Fractional Ownership Sector Growing Fast

Shared ownership sales for Phuket represented US$61.2m for 2008, validating the sector's stability despite the economic downturn, according to a recently released comprehensive industry research study.

October, 2009 Property Report Thailand
Phuket Luxury Villa Transactions

Despite continued restrained demand in the broader property market, Phuket luxury villa transactions hit Bt3.5bn in the first half of 2009.

October 9, 2009 The Nation
Tourism Transforming Property Ownership

Shared and fractional holdings gather force as island province recovers.

October, 2009 Property Report Thailand Magazine
Trading Places

Already popular in more developed markets, the trend towards fractional ownership is growing in Phuket, and in the current economic downturn, it offers opportunities to enjoy luxury products that might otherwise be out of reach. Bill Barnett traces the emergence of the fractional phenomena.

October, 2009 Tropical Living Magazine
Market Watch - Looking for Columbus

If it were not for Christopher Columbus and his dogmatic vision that the world was not flat, perhaps we'd all be crowded into a claustrophobic continent called Europe. While personally I do like my morning espresso and a croissant from time to time, breakfast discussions lately have been dominated recently by talks of a flat property market in Thailand's premier destination Phuket.

September 13, 2009 Bangkok Post
Luxury is in Short Supply

The high-end property market in Phuket has only about 90 luxury villas to offer wealthy buyers.

September, 2009 Director Magazine
Investment Heart Failure

Looking at the current level of overseas institutional investment in the hospitality sector in Thailand is a bit like the search for bigfoot; be it myth or fact, it brings out sceptical opinions from most industry analysts. One thing is for sure, while the patient has been admitted to the hospital with a faint heartbeat detected, no one is quite sure as to the prospect of the recovery.

August, 2009 Bangkok post, Property
Change in Tourism Pattern

The current reduction in European travellers to Phuket is offset somewhat by a jump in domestic and regional tourists.

July, 2009 Tiger Tales, Tiger Airway's Inflight Magazine
The Hunted Castle

Economic turbulence needn't derail dreams of a second home in Phuket, though prospective, buyers would do well to heed a few words of expert advice.

June, 2009 Business Traveller
Going South

Thailand's island resorts have been magnets for property investment in the past decade. Phuket, Krabi and nearby regions are still bustling with new luxury projects and schemes.

June, 2009 Tropical Living in Thailand
MARKET WATCH: Life at the Top

May 10, 2009 Bangkok Post
The Long Road to Recovery

May, 2009 TTG Asia.com
Thai Go-Ahead

April, 2009 TTG Aisa.com
65 New Hotels by 2010

April 10, 2009 www.windowonlifestyle.com
Resort Trends. Who's Setting Benchmark for 'Chicness'?

March 10, 2009 Singapore Business Times
Investment in Thai Construction May Halve

March 1, 2009 Bangkok Post
No Discounts on Koh Samui

February 11, 2009 TTGTravelHub.Net
Phuket Seeing Inventory Increase

February, 2009 The Business Times
Empty Rooms, Falling Rates May Dog Hotels

May, 2007 www.Phuket.com
Property Focus - Phuket Vacation - Ownership

April, 2007 www.Phuket.com
Property Focus - Phuket Luxury - Properties

March, 2007 www.Phuket.com
Property Focus - Patong Condominiums