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Hainan Island Set To Challenge Phuket And Bali

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Posted: 25 Jul 2011 | 6:00 am

China's Hawaii-style island is gearing up to become a major beach destination in the Asian region.

According to Lodging Econometrics Spring 2011 Update there are currently 60 hotel projects with an astounding 25,431 rooms in the development pipeline.

As of perspective this amount in new rooms is over 50% of Phuket's total existing inventory.

Of these 18 new hotels will open between now and the end of 2012.

With gaming on the horizon and a flock of international brands operating, expect the destination to be increasingly competitive in the new few years.

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The Green Report

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:

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THAI HOTEL SHARE PRICES
Name Current Change

CENTEL 37.00 - 0.75 %

DTC 62.00 + 4.00 %

ERW 5.15 0.00 %

GRAND 1.53 - 0.05 %

LRH 42.00 0.00 %

MANRIN 27.25 0.00 %

MINT 27.50 + 0.50 %

ROH 24.00 0.00 %

SHANG 63.00 - 1.00 %

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