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ECONOMY Asia Hit by Slowdown

Category: Tourism, Posted:02 Jun 2012 | 09:52 am

Over the past few weeks an increasingly glaring spotlight is on Asia after volatility has hit regional currencies and the major stock markets.
Key to the mix has been a flattening in the vaunted big two economic engines – China and India.
Outward-bound action in a reversal of overseas capital could potentially impact domestic liquidity in Asia's marketplace.
While continued concerns over Spain, Greece and the fate of the Euro continue dominate a period of what could be sustained uncertainty.
One thing for sure is that no one is certain where the merry go around is headed to next.

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Phuket’s Real Estate World’s Collide. Off-Plan Sales Flatten in Wake of Growing Resales

Category: Real estate, Posted:06 Jun 2024 | 05:54 am Phuket’s massive influx of new real estate development is witnessing rising competition from the secondary marketplace. The collision between off-plan property sales and resales is inevitable given the sheer number of units being completed and a growing critical mass of older properties. Comparing primary and re-sale transactions on the island from the first four months […]
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New Report On Samui’s Hotel Recovery, From C9 Hotelworks

Category: Hotels|Tourism, Posted:05 Jun 2024 | 18:01 pm A resurgence of Samui tourism has been fueled by domestic travelers, with 69% Y-O-Y growth. Muted Chinese traveler demand pushes hotels to diversify source markets and adapt to a changing landscape according to C9 Hotelworks new Samui Hotel & Tourism Market Review. In 2023, Samui hosted 3,541,821 visitors, evenly split between domestic and foreign travelers, […]
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Bid Now. Only 8 Days Left For the PHAB Great Travel Auction

Category: Hotels, Posted:04 Jun 2024 | 07:52 am There are only 8 days left to bid on this year’s non-profit Phuket Hotels Association online charity travel auction. Amazing travel stays from London, Australia, Bali, Dubai, Paris, Maldives, and of course Phuket, Bangkok, and Koh Samui. There is even a vacation stay in Bhutan. All of the proceeds go to support the hospitality scholarship […]
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