TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

C9 REPORT Phuket Arrivals Forecast To Top 4 Million In 2011

Category: Tourism, Posted:09 Aug 2011 | 06:00 am

C9 Hotelworks has released the Phuket Hotel Market Update Mid-Year Edition 2011, which highlights that Patong edged into the mainstream hitting 82% occupancy in H1.
In light of shifting market conditions, the first half 2011 proved that Phuket is successfully gaining an increasing share in the mass tourism era. Visitor arrivals at Phuket International Airport jumped 20% vs. H1 2010.
The island has shown the ability to adapt in a dramatic transformation in guest demographics. These changing faces are tourists from China, closely followed by Russia, The two accounted for 25% of the total market. Looking ahead, this ratio is expected to become more prolific.
Hotel wide performance helped the bottom line as RevPAR grew 16%. A key driver was trading volumes derived from Chinese tour groups and the crowded Pegas Touristik buses, rather than room rate uplift.
The vibrant Patong area was busiest as over 80% of its supply sits in the midscale and budget/economy segments. Conversely, luxury hotels are flying into a headwind, with challenging rate an occupancy issues.
Somehow broad Phuket tourism has gone into a retro stage where tour groups, wholesalers and mass movement of visitors are once again the norm rather than the exception. The question remains are we at the beginning or end of a new cycle?
To download a full copy of the report <link>http://www.c9hotelworks.com/downloads/phuket-hotel-market-update-mid-year-2011-08.pdf*CLICK</link>

Other News

Read more

Phuket’s Massive Bangtao Property Surge Set to Reset Destination

Category: Hotels|Real estate|Tourism, Posted:05 Nov 2023 | 11:08 am Phuket’s once-quiet beachside west coast community of Bangtao is experiencing an unparalleled surge in real estate development. According to new research from C9 Hotelworks, there are currently 7,842 condominium units (click to see upcoming project map). Added to the supply influx are just over 2,400 upscale and luxury homes, which equate to a pipeline of […]
Read more

New C9 Hotelworks Research Report on Hakuba, Japan Tourism and Property Market

Category: Real estate|Tourism, Posted:02 Nov 2023 | 15:19 pm C9 Hotelworks has released an exciting new market research report Habuba Tourism and Property Market Review. Hakuba, renowned for being part of the 1998 Nagano Winter Olympics, has evolved from a seasonal Australian-focused skiing destination into a year-round getaway.   It is located within a three-hour drive from Tokyo. The valley has witnessed increasing development, attracting […]
Read more

Tourism recovery and branded residences top C9 Hotelworks new Niseko market report

Category: Hotels|Tourism, Posted:31 Oct 2023 | 11:29 am C9 Hotelworks new Niseko Tourism and Property Review has just been released and shows a flight to brands. The report highlights that 74% of pipeline projects are branded. In the wake of Niseko’s official border reopening in October 2022, the area has witnessed a substantial influx of visitors, reaching 2.6 million in YTD2023. This represents […]
SiaJai logo

Thailand's Leading Homecare Marketplace