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Hey there
As we look at the first quarter trading results for Asia Pacific Bali is grabbing headlines. The latest red shirt demonstrations in Bangkok hit high season hard and it looks for most that 2009 is looking to be a battle with perhaps one of the best souvenir ideas being “I survived 2009 t-shirts”. Most experts in the region have moved their forecasts into 2010 for market stability and the sidelining of debt and limited pool of investors is slowing the development machine.
In the battle for regional destination supremacy Bali has now edged ahead of Phuket as a result of the continued political issues and uncertainty facing Thailand. thephuketinsider.com attended the Hotel Investment Conference (HICAP) Asia Pacific Update last week in Singapore and spoke to Horwath Managing Director Robert Hecker who is a leading authority on hotels and tourism. (Read more about this here)
New in the news is:
On Video here are new stories with General Manager Scott Toon of the soon to open luxury boutique resort Paresa located along Kamala’s “Millionaires Mile”, Norelle McDougal on Antanta Style and Andrew Craig on upscale villa rentals.
Your continued readership is appreciated and while we live in wild times, one thing is for certain, its going to be interesting.
Keep the faith.
Bill Barnett | 