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China Stocks Plunge In Pandemic

Category: Real estate, Posted:08 Jul 2015 | 11:29 am

All eyes today in the financial markets are looking at China, which is seeing a massive devaluation of stocks.
Hundreds of companies have requested that their traded shares be suspended.
Over the last month nearly 30% of the market value has evaporated.
While the impending Grexit was thought to have been this week's top news story, China is now front and center stage.
For tourism players the downturn may very well be immense.
Again 2015 is shaping up by disruptive events across the globe.
Should the Euro drop and the Chinese travel market retract, Phuket may soon be wishing for a return to the good old days.

Other News

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Hua Hin Set To Grow International Airlift

Category: Tourism, Posted:12 Apr 2021 | 06:00 am One of Thailand’s best performing hotel sectors is Hua Hin. Well, let’s just say it is the best market over the past twelve months of the pandemic. The destination is now poised to look ahead post-Covid and is looking to increase overseas airlift once the country reopens. Aside from the current expansion of the gateway […]
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Mass Phuket Hotel Vaccination Drive Underway

Category: Tourism, Posted:10 Apr 2021 | 17:14 pm Check out an insightful view of how Phuket’s tourism industry has come together and are pushing forward on a massive vaccination drive for hotels across the island. An inspiring story of how the island is working together. Over the past week more than 70,000 people, mostly staff of Phuket hotels have been vaccinated across the […]
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Condo Hotels Trending In Bangkok’s Property Market

Category: Real estate, Posted:09 Apr 2021 | 09:44 am Bangkok’s hotel branded real estate has traditionally been focused on luxury offerings with brands such as St. Regis, Four Seasons, Ritz-Carlton, and more. While Thailand’s resort markets have and are seeing the most traction as the mid and upper-midscale branded residences, that trend is now going urban. In Bangkok Siamese Assets and Kew Green have […]