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PHUKET HOTELS Value Remains Vogue

Category: Hotels, Posted:29 Apr 2011 | 06:00 am

Call it VRV or consumer pricing power – but island tourists have more bargaining power then ever.
Despite tourism numbers skyrocketing, a dramatic rise in the hotel pipeline over the past few years and cheap airline seats to nearly every leisure destination spells good news for travelers.
Most experts are forecasting a numbers game for the remainder of 2011 and focus on quantity versus quality. Or more concise its occupancy growth against rate and RevPar in the world of volume dilution.
Rate analysts remain blinded by the headlight of oncoming traffic – where clearly it's a buyers and not a sellers market.

Other News

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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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