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Indian Visitors To Phuket Climb Into Top 5

Category: Tourism, Posted:03 Sep 2019 | 13:28 pm

The soaring number of Indian visitors to Phuket for the first seven months of 2019 propelled the market into the Top 5 for the first time.

Arrivals from India from January through July compared to the same period in 2018 grew 354%, amassing a total of 186,360.

Mainland China y-o-y figures remain challenged with an 18% decline. Russia also retracted by 3%, and Australia down 1%. South Korea rounded out the Top 5 international source markets with a 3% gain.

Looking at growth, Malaysia doubled year-on-year figures.

Despite a strong baht, the U.K. posted a rise of 36% and Germany 7%.

Diving into total passenger arrivals  at Phuket International Airport for seven month this year vs. same period in 2018, arrivals have retracted by 5%. 

There is little doubt the China conundrum remains central to Phuket’s tourism story, as the shrinking numbers were  just over 1.2 million in seven months, compared over 1.4 million last year.

While all eyes are on India, the reality is Phuket is not the only Southeast Asian market tapping this source as Bali and Vietnam are experiencing fast growing airlift to South Asia.

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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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