TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Will Cancellation of State of Emergency Fix Tourism?

Category: Tourism, Posted:28 Apr 2009 | 08:41 am

Thai Prime Ministers Abhisit Vejjajiva's cancellation of the recently declared State of Emergency is a strong political statement but will their be an immediate impact on the countries floundering tourism industry? More then likely the answer is threefold with yes, no and maybe all applying. First the good news is that most foreign governments have removed travel advisories though there remain some in place and others still flag caution for those visiting the Kingdom.
There are heightened fears that the return to normal may encourage the 'red shirt' activists to continue to their high profile protests. While in a nut shell this now is set to become a test of Thailand and the Prime Minister's ability to restore order and perhaps take on a role of rebuilding a damaged image abroad.
Phuket is shaping up to be on the world and national stage as it is set to host the rescheduled Asean Summit in June. Within the last week speaking to local property agents sentiment about the 'red shirt' incident has spurred more sellers then buyers of real estate, with one larger agency stating the day previously they received 5 inquiries but all were those seeking to sell rather then buy property. As we move into what is traditionally low tourism season here on the island, at the very least damage has been mitigated with the Bangkok events happening on the cusp of what very well may be some challenging times ahead.

Other News

Read more

Destination Group Transacts Khao Lak Hotel

Category: Hotels, Posted:21 Sep 2022 | 16:21 pm The Destination Group has acquired a partially completed beachfront 400-key hotel in Khao Lak, Phang Nga. What was named the Mora Resort which is under construction will see Destination fully complete and brand the property. An opening in late 2023 is planned for the hotel which is located near the JW Marriott. Access to Khao […]
Read more

Soho House Bangkok Opening in December

Category: Hotels, Posted:21 Sep 2022 | 13:09 pm Uber global social brand Soho House will debut in Bangkok this December 2022. Located in the former Eugenia hotel in Sukhumvit Soi 31, the property has been reinvented. With three floors of facilities, food, beverage, and cultural events are also set to be showcased. Soho  House Bangkok membership is set at THB135,000 per year, with […]
Read more

UWC Phuket Enters International School Property Market

Category: Real estate, Posted:20 Sep 2022 | 08:46 am One of Phuket’s leading international schools UWC has entered into a development deal for integrated living. The school has subdivided a portion of its land adjacent to the campus and will have properties built by a Phuket real estate group TYSSEN VIP Development. Branded as the Campus Villas, the 44-unit gated estate offers four types […]
SiaJai logo

Thailand's Leading Homecare Marketplace