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Bali Tourist Numbers Narrow Phuket Gap

Category: Tourism, Posted:30 Oct 2009 | 07:17 am

In the battle of Asia's two premier destination resorts Bali is closing the gap on Phuket in international tourist arrivals. For the period of January through August 2009 Bali achieved 1.4 million which was in increase of nearly 13% from 2008.
Phuket tallied in at just over 1.8 million which was a decrease of 10% from 2008. It's important to note that both figures are only international arrivals, and Bali and Phuket have significant domestic arrivals.
Coming from the HICAP Hotel Investment Conference in Hong Kong two weeks ago and looking at market wide data, what is clear is out of all of the regions leisure markets Bali is the only market currently showing positive gains year on year in terms of occupancy and average room rate. At the same time for CBD/gateways it's only South Korea in the black on the numbers game as well, with the continued economic situation still hitting travel numbers.

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MIRA Valley Phuket Preview Sessions This Friday

Category: Real estate|Tourism, Posted:22 Apr 2024 | 07:28 am Catch this special event this coming Friday 26th April with a special preview of the new MIRA Valley master-planned community in the heart of Phuket, Manik. This is an amazing opportunity to acquire a development plot in a larger high-quality community. This will be of special interest to property developers looking for land parcels, investors. […]
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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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