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First Half Tourism Figures Japans vs. Phuket

Category: Tourism, Posted:31 Jul 2009 | 06:50 am

If you thought Phuket's tourism figures for the first half of 2009 (January to June 2009) were dismal then take Japan as a comparative to the broader market. Phuket's H1 figures were down 14% while Japan registered a 29% drop with 3.1 million visitors. According to figures released by the Japan National Tourism Organization the appreciation of the Japanese yen, which makes travel in the country more expensive for overseas travelers, a continued economic crises and threats of the H1N1 crises have been cited.
As currency continues to play a key role in tourism, its interesting now to note recent strengthening of the Korean, Indonesian and Australia currencies which may see impacts in these markets going forward.

Other News

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Explorar Brand Spurs Expansion With Koh Samui and Koh Pha-ngan Acquisitions

Category: Hotels, Posted:19 Jun 2022 | 09:22 am Boutique hotel group Pavilion’s experience-focused spin-off Explorar Hotels and Resorts has expanded its growing footprint by acquiring a 125-key resort in Bophut, Koh Samui, and 75-key property in Koh Pha-ngan. Both resorts were previously owned and operated under ‘The Coast’ tagline. The two will be conversions and join an upcoming resort in El Nido, Palawan. […]
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Thailand’s Traveler Restrictions Set to Roll Back 1st July

Category: Hotels|Tourism, Posted:18 Jun 2022 | 09:14 am The wait is over for Thailand’s battered hotel and tourism sectors, with an announcement by the government that the cumbersome Thailand Pass process will be removed by 1st July. Travelers to the Kingdom will no longer be subjected to the online application and approval process. Another restriction for tourists is the Covid-19 USD10,000 insurance requirement, […]
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Thai Group CPN Investing Into 37 New Hotels

Category: Hotels, Posted:12 Jun 2022 | 15:46 pm Thailand’s listed CPN Group (Central Pattana PCL) is set to inject USD288 million into 37 new hotels across Thailand. CPN’s reported strategy is to include hotel components in every new mixed-use retail project across the country. The investment is being targeted into three tiers of hotel assets. The first is a new budget chain Go!. […]
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