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Phuket MICE Tourism Market Update — August 2017

Phuket MICE Tourism Market Update — August 2017
Category : Phuket Market Reports
Posted On 2017-08-01 07:00:00
Dated report · August 2017

Source: C9 Hotelworks

Coverage: 2016 MICE activity

Focus: Meetings, incentives, conferences and exhibitions

C9 examines Phuket’s business-event and sporting-event tourism. The study distinguishes the number of domestic visitors from the larger revenue contribution attributed to international participants.

At a glance

202,555

MICE visitors

2016 total reported for Phuket · Source p. 1

THB 5.74 billion

Industry value

Market value stated in the report · Source p. 1

70%

Domestic share of visitor demand

2016 visitor-based measure · Source p. 1

Reading the report

The report discusses sporting events, weddings and non-traditional venues as demand generators. Visitor share and revenue share are different measures.

What this means for buyers

Event tourism can add context to demand patterns, but it does not establish year-round occupancy or returns for a specific residential property.

Phuket Realtor editorial context; not a forecast from the report.

Read the full report (PDF)
Phuket Realtor
Greg Carlson
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.

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