TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

The Volcano Heard Around The World

Category: Tourism, Posted:27 Nov 2017 | 11:50 am

News over the eruption of Mount Agung on the resort island of Bali has been making global news headlines today.

Topping the list is CNN’s headline about 24,000 people being evacuated. What was sadly missed is that these are villagers close to the volcano. Mount Agung is 60-70 kilometers from the main tourist areas, but for those overseas all they see is Bali in distress.

I recall a CNN headline under breaking news during the Asian tsunami, that Phuket’s Laguna resort had been destroyed. Of course that wasn’t the case and the resort in question was in Khao Lak, quite some distance from Phuket.

In no way am I naysayer of news, Donald Trump and his fake news brigade will sooner or later be relegated to the dustbin of history. Yet the power to influence by a single headline remains a profoundly strong weapon.

As late as last week I was in Bali and looking at the STR numbers there was double digit demand growth in the first nine months of the year. Will all this change during the Volcano-driven fourth quarter? Certainly, it will.

Since the Bali bombing and Thai political turmoil, Phuket and the Island of the Gods in Indonesia have often seen a yin and yang cycle of ups and downs. There were a number of  times when tourism redirected, spurred by big events.

What has been learned is the industry remains resilient. There is little doubt Phuket will benefit from Bali’s malaise, just as Bali did during our own turbulent times. That’s the nature of the business.

Yet at the same time, we have to all wish Bali a swift recovery. The issue of volcanic ash to airlift is incredibly important, and this will dictate how and when the market moves.

For now, travelers are best to be informed and not just read the broad headlines, but go deeper and get news from local sources in Bali. As for the tourism market of Bali, it will be  back sooner or later, there is no doubt about that.

Other News

Read more

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. […]
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 […]
SiaJai logo

Thailand's Leading Homecare Marketplace