Phuket Hotel Market Review — March 2019
Source: C9 Hotelworks
Coverage: Full-year 2018 review
Focus: Tourism demand and hotel supply
The report describes uneven trading during 2018, with stronger first-half airport demand and a weaker second half. It also raises questions about the incoming hotel pipeline.
At a glance
Airport passenger arrivals
2018 annual total in the report · Source p. 1
Indian-source arrival growth
2018 year-on-year measure · Source p. 1
Hotel keys in the pipeline
Planned supply identified in March 2019 · Source p. 1
Reading the report
The source distinguishes annual arrival growth from the slowdown in later months. Pipeline keys are proposed or developing supply, not confirmed completed rooms.
What this means for buyers
Review the timing and definitions behind headline growth figures. Current local conditions and a property’s own records are more useful for a purchase decision.
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.
