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Phuket Hotel Market Review — March 2014

Phuket Hotel Market Review — March 2014
Category : Phuket Market Reports
Posted On 2014-03-01 08:00:00
Dated report · March 2014

Source: C9 Hotelworks

Coverage: Full-year 2013 performance

Focus: International arrivals and hotel trading

C9’s annual review describes growth in direct international arrivals and compares Phuket’s hotel performance with other resort destinations. It separates recorded 2013 results from the following year’s outlook.

At a glance

3.2 million

International airport arrivals

2013 total; excludes domestic arrivals · Source p. 1

74%

Market-wide hotel occupancy

2013 performance · Source p. 1

USD 147

Average daily room rate

2013 hotel metric · Source p. 1

Reading the report

The report describes a changing international visitor mix and planned hotel additions. Its future construction dates are historical expectations.

What this means for buyers

Tourism growth and hotel trading provide background, but should not be substituted for a current property valuation or operating budget.

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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