TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Phuket Airport Allowed To Open 15th June

Category: Tourism, Posted:03 Jun 2020 | 09:56 am

The Civil Aviation Authority of Thailand (CAAT) will allow domestic flights to and from Phuket International Airport according to the Provincial Communicable Disease Committee as of 15th June.

A quick check of airline’s schedules show the only three airlines – Thai AirAsia, NokAir and Thai Vietjet Air are selling seats, but these are all starting from 16th June onwards. Tickets generally are about THB1,500 one-way.

There remains no formal announcement if passengers to and from Bangkok would require quarantine on arrival.

Hotels in Phuket have received notice as of 1st June they are allowed to operate, but given there is presently no airlift, most say they are evaluating the situation before acting.

We have been reading a lot of news about Thai hotel owners who are selling properties at highly distressed prices. Given there is no actual data in the reports, let’s just say the mythical five-star beachfront hotels that are for sale at 50-60% off market value are best lumped into the mythical category.

There will undoubted be sales of hotel assets in time but this is an orderly process and will likely only see stressed owners come into play in Q3 and Q4 , but for now, no such mass scale hotel dumping is occurring in Phuket at this moment.

Other News

Read more

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 […]
Read more

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 […]
Read more

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 […]
SiaJai logo

Thailand's Leading Homecare Marketplace