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.

Currently on the island there are nearly 40,000 rooms in registered tourism establishments, ranging from guest houses up through to branded hotels with approximately 10,000 of these, or 25% of total supply, being international star rated. Adding in the new inventorythere will be an increase by 50% of the existing international standard units, with 47% being upscale and luxury hotels, 41% midscale, 9% budget/economy and 3% extended stay (villas/condos). 2009 is set to see the largest surge in supply with 38% or 1,850 new rooms scheduled to open.

“Significant trends emerging include a greater number of Thai investment entities developing new hotels at the back of both publicly listed firms and private individuals. Much of this can be attributed to the domestic liquidity and greater availability of debt. Branding of hotels is also on the rise with 27 of the 30 hotels operated by international, regional and domestic chains. Thailand based brands such as Anantara and Centara are growing at a rapid pace and regional chains such as Langham are now expanding into the country.”

Bill Barnett, Managing Director C9 Hotelworks

Hotel Name Area Rooms Opening
Anantara Phuket Resort and Spa Mai Khao 83 Oct 2008
Renaissance Resort and Spa Phuket Mai Khao 150 Oct 2009
Holiday Inn Phuket Mai Khao Beach Resort Mai Khao 266 Q4 2010
West Sands Outrigger Resort Phuket Mai Khao 433 Q4 2009
Dewa Phuket Resort Nai Yang 96 Dec 2008
Hyatt Regency Phuket Resort and Spa Nai Yang 151 TBA
Angsana Phuket Resort and Spa Bangtao 134 2011
Shangri-la's Phuket Resort and Spa Bangtao 315 2010
The Palm Beach Club Bangtao 42 Q2 2009
Dalar Resort Bangtao beach Bangtao 200 Dec 2008
Courtyard by Marriott Phuket at Kamala Beach Hotel Kamala 180 Dec 2008
Andara Resort Residences Kamala 37 Q4 2009
Cape Sienna Phuket Hotel and Villas Kamala 146 Mar 2009
Phuket Marriott Resort and Spa at Kamala Grove Kamala 202 Q3 2009
Langham Place Miora Resort and Spa Kalim 78 2010
Wyndham Vacation Resort Pantipa Phuket Kalim 65 Q1 2009
Courtyard by Marriott Phuket at Pating Beach Patong 390 Dec 2008
B-Lay Tong Hotel Patong 125 Q2 2009
Ibis Kata Phuket Kata 260 Q1 2010
Centara Grand Phuket Beach Resort Karon 262 Q1 2010
Outrigger Serenity Terraces Resort Phuket Rawai 78 Q1 2009
Taj Exotica and Spa Resort Phuket Koh Lone 79 2011
Westin Siray Bay Resort and Spa, Phuket Koh Siray 256 Jan 2010
Radisson Plaza Resort Phuket Panwa Panwa Bay 217 2009
Regent Phuket Cape Panwa Panwa Bay 106 Mar 2009
Four Points by Sheraton, Makham Bay Makham Bay 200 Jan 2011
Jumeirah Private Island Resort Koh Raet 107 Q4 2011
The Yamu Cape Yamu 91 Q4 2009
Baan Yamu Residences by Twinpalms Cape Yamu 62 Q4 2009
Raffle Phang Nga Resort and Residences Bo Dan/Phang Nga 107 2011
 

4,918 rooms due to hit the supply side over the next three years to 2011

Adds Mr. Barnett, “The hotel market in Phuket 2.0 is seeing a strong shift of new properties at the northern end of the island in particularly Mai Khao and now even over the bridge into Phang Nga. The East Coast and Phang Nga bay are set to define a new era of luxury properties at the back of offerings which include The Yamu - designed by the design dream team Philippe Starck/Jean Michel Gathy, Jumeriah Private Island and Taj Exotica.”

“There remains growing concern on possible oversupply issues facing the island in the coming years and what is currently a sleeping giant, in terms of supply growth, is the conversion of exclusive villas and condos, in the non - traditional accommodation segment, becoming a direct competitor to the mainstream hotel market.” Mr. Barnett concluded

Market Research

Phuket Hotel Pipeline