Phuket Hotel Market Review — January 2011
Category : Phuket Market Reports
Posted On 2011-01-01 08:00:00
Dated report · January 2011
Source: C9 Hotelworks
Coverage: Full-year 2010 review
Focus: Tourism mix and hotel performance
The report describes a tourism recovery and the growing importance of China and Russia. It also records a mixed hotel picture, with better occupancy but weaker average room rates.
At a glance
−3%
Average room-rate change
2010 market-wide result described in the report · Source p. 1
+3%
RevPAR change
2010 market-wide result described in the report · Source p. 1
Reading the report
The report discusses Patong’s expanding supply and future airport constraints. Those development expectations were made in January 2011.
What this means for buyers
Review occupancy and rates separately when assessing operating records. Historical hotel performance is not a residential rental-yield forecast.
Phuket Realtor editorial context; not a forecast from the report.
David Henry
David Henry is known for his integrity, high energy and hard work which goes into every detail of your real estate transaction at Phuket Realtor. David grew up in the Boston area and started as a realtor in his 20's. With over 30 years of experience in real estate, he has now started one of the best independent real estate agencies in Thailand, Phuket Realtor.
David Henry is known for his integrity, high energy and hard work which goes into every detail of your real estate transaction at Phuket Realtor. David grew up in the Boston area and started as a realtor in his 20's. With over 30 years of experience in real estate, he has now started one of the best independent real estate agencies in Thailand, Phuket Realtor.
