Find our most recent stories tagged by their locations. Click here for more story locations.
Posted: 13 Mar 2014 | 6:00 am
Phuket's international arrivals surge 26% despite political overtones.
As Bangkok remains ever-present in the international media, Phuket International Airport has consistently increased passenger numbers since 2010. In 2013 a record high 3.2 million international arrivals were recorded at PIA amounted to a 26% year-on-year growth.
The marked increase in direct international flights to Phuket has largely insulated the destination from the negative impact of the political situation in the nation's capital. Back of sustained overseas demand this has propelled 5-year CAGR growth of 21%. Last year China and Russia lead the international markets up by 67% and 41% versus 2012.
In 2013 Phuket was able to push up average room rates with only a minimal impact on occupancy. Comparing the destination to Bali which has been hit by a massive supply increase, Phuket outperformed the Indonesian resort island in term of occupancy and rates.
Taking a forward looking view, feedback from island hotels remains positive given the dynamics of a shorter term booking horizon. Historical trading trends have shown the potential to claw back any lost business due to external events within a compressed time period.
To view the full report CLICK
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
Koh Phi Phi's Zeavola resort has won a five-star award in the sustainable hotel in Thailand category.
A wide-spread public outcry over a proposed coal-fired power plant in nearby Krabi has seen the project's environmental permit denied.
Phuket Hotel Market Update - February 2015
PHUKET GAZETTELife After Nut Rage
PROPERTY REPORT SOUTH EAST ASIAWhat Every Hipster Needs To Know About Property