Pandemic economic impact hits Phuket hotels as 73% of new projects put on hold

Category: Press Releases, Posted:21 Apr 2022 | 09:31 am Island’s transaction market heats up as owners face liquidity issues, while broad tourism sentiment wanes IndiGo has restored direct flights between India and Phuket, spurring hotels to target travelers from South Asia PHUKET, THAILAND: Thailand’s battered hotel sector is showing increased signs of fatigue as the global pandemic enters its third year. Nowhere is this […]

THAILAND’S TOURISM INDUSTRY UNITES AT TTF 2022 AS HOSPITALITY LEADERS SIGN PLEDGE FOR THE FUTURE

Category: Press Releases, Posted:03 Mar 2022 | 11:37 am Tourism leaders call for a full opening up of the country as concerns emerge that Thailand is losing the initiative to regional competitors and will not achieve 10 million arrivals in 2022 Thailand Tourism Leadership Summit: (from left) Bill Barnett, MD, C9 Hotelworks; Chiruit Isarangkun Na Ayuthaya, President, Thailand Convention & Exhibition Bureau; Bill Heinecke, […]

Domestic Property Buyers Swoop on Thai Resort Destinations as Second Home Market Soars

Category: Press Releases, Posted:23 Jul 2021 | 09:15 am Changes in lifestyle and Covid-19 fatigue highlight a dramatic rise in urban flight   (left): Brennan Campbell, Co-Founder & CEO of FazWaz; (right) Boon Yongsakul, Chairman of Boat Pattana, Phuket  Thailand’s resort real estate markets have experienced a dramatic reset in buyer profiles over the past eighteen months of the pandemic. A strong wave of […]