Phuket Hotel Market Update — August 2011
Source: C9 Hotelworks
Coverage: First half of 2011
Focus: Tourism mix and hotel trading
C9 describes the growing influence of Chinese and Russian visitors and stronger hotel trading during the first half of 2011. It also distinguishes Patong’s performance from the wider island market.
At a glance
Airport-arrival growth
H1 2011 versus H1 2010 · Source p. 1
Combined Chinese and Russian share
Share of total arrivals described in the report · Source p. 1
RevPAR growth
Hotel revenue per available room, H1 2011 · Source p. 1
Reading the report
The report links trading gains to visitor volumes and a changing market mix. Its full-year arrival estimates were forecasts made at the time.
What this means for buyers
Use these figures as historical tourism context. Hotel RevPAR is not the same measure as a homeowner’s net rental yield.
Phuket Realtor editorial context; not a forecast from the report.
Greg Carlson is known for his honesty, reliability and hard work which goes into every detail of your real estate transaction at Phuket Realtor. Greg was born on the west coast, raised in Texas and practiced accounting in the United States, With over 8 years of experience in Thailand real estate, he is now a partner at one of the best independent real estate agencies in Thailand, Phuket Realtor.
