TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Kuala Lumpur Halts Hotel Project Pipeline

Category: Hotels, Posted:26 Feb 2016 | 09:12 am

Making international news out of Malaysia, is the city of Kuala Lumpur who has put a freeze on new hotel licenses for an unspecified period.

 This includes all tiers from budget to luxury properties, but excludes those hotels which have obtained approval yet have not commenced construction.

 Meanwhile Bali Update has reported that the Indonesian Chamber of Commerce has written to the governor of the island asking for a moratorium on new hotel projects due to an oversupply of rooms.

 Certainly Asia’s primary urban and resort destinations have experienced a significant surge of new hotels over the past five years and there are now concerns about a glut in many markets.

 Here in Phuket, the important issue of zoning and long-term planning seems to have been put on the back-burner as the government continues to focus hitting the 30 million and above tourism market.

 We continue to see stressed independent properties on the island looking for commercial relief by branding and  the incoming supply continues to mount.

 

Other News

Read more

Phuket Airlift To Koh Samui Is Back

Category: Tourism, Posted:23 Oct 2020 | 16:26 pm Bangkok Airways has announced the return of flights between Phuket and Koh Samui. According to the Phuket News service commences Sunday, October 25th leaving Phuket at 12:20 pm and arriving in Samui at 1:15 pm. There will also be a resumption of flights between Phuket and Hat Yai between Phuket and U-Tapao (Pattaya). The return […]
Read more

Khao Lak Hotel Supply Continues To Expand

Category: Hotels, Posted:22 Oct 2020 | 06:00 am Despite the downturn of Covid-19, hotel investment confidence in Khao Lak remains positive in the long term. One sign of this is a newbuild Pullman-branded Khao Lak Resort Is set to open on 1st December. The 253-key beachfront hotel and villa property features a design by Martin Palleros of Tierra Design.  Palleros is the architect […]
Read more

Minor’s Bill Heinecke Speaks Out About Chinese Return

Category: Hotels, Posted:21 Oct 2020 | 11:40 am We had a candid conversation a few days ago with Minor International’s Founder and Chairman Bill Heinecke about Thai tourism. Two key takeaways from the conversation were: The Asian financial crisis of 1997 was a walk in the park compared to the damage to the Thai economy during Covid-19. Thailand must find a way to […]