Phuket

Why Should You Invest in the Phuket’s Property Market

Thailand, especially its capital Bangkok, is a famous real estate hotspot, attracting both local and foreign homebuyers and investors. While places like Pattaya, Koh Samui and Phuket are famous tourist destinations, real estate in these coastal areas are growing as well. In fact, the Phuket property market continues to expand as tourists go in and out of the island city in large numbers. Is Phuket a...

Russian tourism is expanding the real estate sector in Phuket

Russians visit Thailand frequently and mostly stay in Pattaya and Phuket. Indeed, Russian buyers ' demand for real estate in Phuket continues to grow over the years. (adsbygoogle = window.adsbygoogle || ).push({}); In a recently released report from the Phuket Russian Tourism Market report, over 51 per cent of Russian tourists enter Thailand just to visit Phuket. Russia’s contribution...

Phuket’s hotel and property players look north

One of Greater Phuket’s real estate and hotel market’s that has a decided buzz of late is the area north of Phuket over the Sarasin bridge in Phang Nga. In Natai Beach, the entry of the Baba Beach Club and nearby Akyra has created renewed visibility for the broad West Coast stretch of white sand beach, extending north beyond Phuket. (adsbygoogle = window.adsbygoogle ||...

International Serviced Apartment Brands Target Phuket

One of Asia’s fastest growing hospitality segments is the serviced apartment sector, and the brands are targeting the regions leisure markets. Making news is Oakwood which is coming to Phuket after inking a deal with Thai development group Boutique Corporation. (adsbygoogle = window.adsbygoogle || ).push({}); The 198-key Oakwood Hotel Journeyhub Phuket is located in Patong and is...

Phuket hotels and resorts are under pressure to perform

Despite registering a record high 9 million passenger arrivals at the island’s gateway international airport in 2018, performance data is indicating that a slowdown in its double-digit growth rates over the past few years is on the horizon for Thailand’s resort destination of Phuket. While airport arrivals grew 8% year-on-year, the gains posted were at their lowest level since 2015 according to...

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