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BLOOD AND SAND Freedom Beach Land Scandal

Category: Hotels, Posted:16 Jan 2012 | 06:00 am

National media headlines have been hitting fever pitch over the alleged link between the murder of Phuket newsman Wisit "Ae" Tangwitthayaporn and land title issues at a prime Patong headland property known as Freedom Beach.
Many international and Thai hotel industry development executives have visited the 65 rai site over the past few years and hotel chains have been courted for the premium property.
News this year of a land title investigation occurred at the same time the property was being offered to a wide range of investors both here and abroad.
Political intrigue is now the rule of the day, and it looks like one of Phuket best known potential luxury hotel sites may not make it off the sidelines anytime soon.

Other News

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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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