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Government's 1 Billion Baht Tourism Stimulus Package Ignores Phu

Category: Tourism, Posted:28 Jul 2009 | 09:40 am

A THB1billion baht emergency Thai Government emergency stimulus package has prioritized the "Royal Coast Tourism Development Plan" which has been approved by the cabinet, while ignoring for the most part the countries leading resort destination Phuket. The plan is targeting Phetchaburi, Prachuap Khiri Khan, Chumphon, and Ranong as areas of growth to attract high end tourism. A long term national initiative has adopted the strategy of growing these destinations due to their proximity near large metropolitan population concentrations.
Draft versions of a pending National Tourism Agenda have been recently released which focus mainly on SME loans to small cap tourism operators and businesses, reductions in aircraft landing fees and entrance to National Parks, tax benefits aimed for domestic tourism and a hotel operator tax holiday. While these initiatives have merit, there remains skepticism that the current Government has yet to show its acknowledgment of tourism as a leading proponent of GDP.

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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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