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Kamala Hotel Market Grows with New Novotel Announced

Category: Hotels, Posted:08 Mar 2009 | 16:04 pm

Phuket's hotel pipeline continues to grow despite the economic downturn with leading international player ACCOR announcing the signing of Novotel Phuket Kamala Bay, a 185 key property set to open in 2011. Accor which operates under multiple brands already has Novotel's in Patong and Cape Panwa, IBIS and Mercure properties in Patong and All Seasons in Nai Harn. A second IBIS in Kata is set to open later this year.
Despite the European chains growing prominence in the Thailand market, it has yet to bring its recently repositioned luxury brand Sofitel to the islands shores. The continued expansion of the IBIS chain which is firmly positioned in the budget/economy segment and competes with IHG's Holiday Inn Express brand is expected to outpace the growth of the chains other brands in the short to medium term.
Kamala, once one of the island's sleepy hotel markets has seen a boom in hospitality product with Marriott's Courtyard brand recently opening, and independent boutique properties Cape Sienna and Andara Resort Residences set to bring a fresh look into the local scene.

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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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