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Are Staycations and H1N1 Scare Keeping People Home?

Category: Tourism, Posted:23 Jul 2009 | 09:25 am

Back of the recent news that publisher Merriam-Webster have added the term "staycation' to its newest dictionary, and recent quotes from an expert associated with the United States Centers for Disease Control (CDC) urging Thai's to avoid crowed places back of the A (H1N1) virus scare it remains to be seen if people want to forego travel.
Recent polls in the United States where the impact of the global downturn have hit the hardest show that aside from what American's consider to be their God given right to carry firearms, is that they still consider travel to be of primary importance. Though further research shows that travel patterns may be changing in terms of destination preferences, trading down in accommodation choices, more reliance on shopping online for the best travel deals and a growth in domestic travel.
Here in Asia over the past 12 months similar patterns are emerging with domestic and short haul travel on the rise, increased internet bookings and shorter lead time for hotel bookings. Travel as in no other time in history has become an essential part of people's lives and through good times, and bad times it's become an integral part of the framework of peoples lives. Despite buzzwords and what seems to be a constant barrage of Armageddon type threats spanning the globe, travel continues to be a defining experience.

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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 […]
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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 […]
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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 […]
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