Insider news

New Phuket Hotel Market Update 2024 Report From C9 Hotelworks

Category:Hotels|Tourism, Posted:17 Apr 2024 | 19:06 pm Phuket’s tourism industry is undergoing an ongoing rebound, with last year’s airport passenger arrivals edging towards pre-pandemic figures according to C9 Hotelwork’s Phuket Hotel Market Update 2024. While hitting 7 million, it was still short of the 9 million mark set in 2019. This year the trend is continuing with 1.62 million arrivals to date […]

Delving Into the Real Estate Rental Landscape of Phuket

Category:Opinion|Real estate, Posted:16 Apr 2024 | 09:39 am Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island. Rental demand coming out of the COVID19 pandemic experienced sustained uplift and has continued to perform […]

Inside the Numbers. The Potential of a Phuket Property Bubble

Category:Real estate, Posted:13 Apr 2024 | 13:12 pm One of the most common questions I am asked these days is about a potential Phuket real estate bubble. While it’s a popular buzz term, so many who ask the question don’t understand what a bubble is. The most notable real estate bubble in recent history was the subprime housing crisis in the United States […]

New Phuket Marina Opening Before Year-end

Category:Tourism, Posted:12 Apr 2024 | 15:03 pm A new marina on the island’s East Coast in Ao Makham named ONE° 15  Marina Panwa Phuket will open in the fourth quarter of the year. Developed by Singapore’s SUTL Enterprise along with Thailand’s Numchai Ocean Transport Company, the facility will accommodate yachts up to 120 feet in length. SUTL, led by Singaporean Arthur Tay […]

Thai Prime Minister Eyes Koh Samui Infrastructure Projects

Category:Tourism, Posted:11 Apr 2024 | 07:51 am Thailand’s Prime Minster Srettha Thavisin’s trip to the resort island of Koh Samu focused on two  infrastructure projects. First, is the ongoing issue of expanding the island’s gateway airport, with a new feasibility study currently underway and to be completed by year-end for possible expansion. Bangkok Airways who operate the airport is reportedly undertaking further […]

Banyan Tree Brand Coming To Thailand’s Southeast Coast

Category:Hotels, Posted:01 Apr 2024 | 06:59 am One of Thailand’s most stunning coastlines is getting a boost with the first branded property coming to Sichon under the Banyan Tree Brand. Set to be named Banyan Tree Residences Sichon, the boutique branded residences project is being developed by the Urasaya Group. A key feature of the 2.5 hectare development is oceanfront real estate […]