Phuket Hotel Market Update — September 2014
Category : Phuket Market Reports
Posted On 2014-09-01 07:00:00
Dated report · September 2014
Source: C9 Hotelworks
Coverage: First half of 2014
Focus: Hotel trading
The update reviews hotel trading during a disrupted tourism period. It reports occupancy, room rates and revenue per available room as separate operating measures.
At a glance
72%
Hotel occupancy
First half of 2014 · Source p. 3
USD 159
Average daily room rate
First half of 2014 · Source p. 3
USD 114
Revenue per available room
First half of 2014 · Source p. 3
Reading the report
These historical hotel measures describe different aspects of trading. Room revenue is not net profit and cannot be treated as an owner’s investment yield.
What this means for buyers
Request current operating statements and a complete expense schedule when evaluating a property with a rental component.
Phuket Realtor editorial context; not a forecast from the report.
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.
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.
